27-September-2025
Corporate News
 
Supreme Court approves JSW Steel’s takeover of Bhushan Power and Steel
26-Sep-2025

The Supreme Court of India said in a judgment on Friday that JSW Steel‘s $2.3 billion takeover of Bhushan Power and Steel (BPSL) could go ahead, Reuters reported. In the judgment, the apex court reversed its own earlier decision to reject the deal. In its judgement, the Supreme Court rejected the committee of creditors’ plea seeking Rs 6,100 crore in additional dues.

News Source:- https://www.financialexpress.com/business/industry-supreme-approves-jsw-steels-takeover-of-bhushan-power-and-steel-3990050/?ref=hometop_hp
 
 
 

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