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Nova Iron & Steel settles dispute for repayment of outstanding loan

28 Jun 2022 Evaluate

Nova Iron & Steel has settled the dispute for repayment of outstanding loan with Evergrowing Iron & Finvest of Rs 32.13 crore plus Interest and with Flawless Holdings & Industries of Rs 40.06 crore plus Interest by entering into an agreement on June 27, 2022 for repayment of outstanding Loan.

Nova Iron & Steel is engaged in the manufacturing/trading of Iron & Steel, Metals business.

Peers
Company Name CMP
JSW Steel 1266.00
Tata Steel 184.70
Steel Authority 174.00
Jindal Stainless 743.45
APL Apollo Tubes 2180.20
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