 "steel, iron, metal, manufacturing, production, molten")
JSW Steel Coated Products Limited (JSCPL), a wholly-owned subsidiary of JSW Steel, has been declared the successful resolution applicant for National Steel and Agro Industries.
In a stock exchange filing, JSW Steel stated that JSCPL submitted a resolution plan under the corporate insolvency resolution process of National Steel and Agro Industries Limited (NSAIL) on September 6, 2022, as amended on October 06.
The resolution professional issued a letter of intent to JSCPL on October 7, informing that the committee of creditors of the corporate debtor had approved JSCPL's resolution plan and declared it the successful resolution applicant.
JSCPL accepted the letter of intent
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