Amalgam steel’s acquisition of topworth gets NCLT nod – ET Infra

The bankruptcy court has approved the acquisition of Topworth Steel and Power Pvt Ltd by Amalgam Steel and Power Limited. The company had admitted liability of about ₹3,499 crore, whereas the successful bidder proposed to pay around ₹260 crore. “The overall feasibility and viability of the plan stands unaltered,” the division bench presided over by […]

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