Arcelor Mittal to pay financial creditors of Uttam Galva Steels

Image
Capital Market
Last Updated : Oct 19 2018 | 10:04 AM IST
Uttam Galva Steels announced that Arcelor Mittal has approved the payment of Rs 7469 crore to the secured financial creditors of the company and KSS Petron to clear its dues in order that the offer Arcelor Mittal submitted for Essar Steel India on 02 April 2018 is eligible and can be considered by ESIL's Committee of Creditors.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Oct 19 2018 | 9:43 AM IST

Next Story