Bhushan Steel Ltd (BSSL.NS)
23 Jun 2017
* Bhushan Steel - lenders consortium authorised SBI to refer co to NCLT Source text: [BHUSHAN STEEL LIMITED HAS INFORMED THE EXCHANGE THAT THE LENDERS CONSORTIUM WHICH MET IN MUMBAI ON THURSDAY HAVE AUTHORISED STATE BANK OF INDIA TO REFER BHUSHAN STEEL LIMITED TO NCLT UNDER THE INSOLVENCY AND BANKRUPTCY CODE. ] Further company coverage:
** Shares of Electrosteel Steels Ltd fall as much as 7.9 pct to 4.10 rupees
- Note: Reuters has not verified this story and does not vouch for its accuracy
MUMBAI The Reserve Bank of India (RBI) has asked lenders to initiate bankruptcy proceedings against a dozen companies, including Essar Steel, Bhushan Steel Ltd, Monnet Ispat and Energy Ltd, sources with direct knowledge of the matter said.
* RBI list also names Jaypee Infratech, Bhushan Power, Monnet
* Says wins bid for iron ore mine at Kalmong west block Source text: (http://bit.ly/2ryWcrT) Further company coverage:
* Bhushan steel clarifies on news item, "Bhushan steel may be brought under S4A; likely to close refinancing from German bank; due diligence underway"
* Bhushan Steel Ltd clarifies on news item "bhushan steel maybe brought under S4A; likely to close refinancing from german bank; due diligence underway."
Apr 11 Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE) for local debt instruments as of April 10, 2017. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------- ---------- ------ ------- --------- SHORT TERM RATINGS: ------------------- Ajai Builders ST Bk Fac
** Bhushan Steel Ltd rises as much as 8.3 pct to its highest since Aug 10, 2015