South African units of Jindal Steel & Power Ltd. filed for a local form of bankruptcy protection known as business rescue this month.
Jindal Mining SA, Jindal Africa Investments and Eastern Solid Fuels filed notice of the voluntary proceedings on June 12, according to documents posted on Jindal Africa’s website. A spokesman for the company didn’t immediately reply to emails seeking comment.
Jindal Mining SA’s main business is coal production at the Kiepersol mine, according to one of the documents. Business-rescue practitioners for the unit have scheduled a meeting with creditors for June 26.
Jindal Africa also has operations in Botswana,