Impact Analysis Of Bhushan Steel Resolution Plan
M & A Critique|September 2019
Bhushan Steel was under Corporate Insolvency Resolution Process (CIRP) and on May 15, 2018, resolution plan was approved by the NCLT.
Impact Analysis Of Bhushan Steel Resolution Plan

On May 18, 2018, the company was acquired by Bamnipal Steel Limited (BMSL), a wholly owned subsidiary of Tata Steel Limited and later on renamed it to Tata Steel BSL Ltd. Company recently issued its first Annual report post acquisition. We tried to dive into the impact of the resolution plan to the financial, other stakeholders and other aspects through this article.

Structuring of the deal

As a part of resolution plan, BMSL paid Rs. 35,100 crores to the financial creditors of Bhushan steels to settle their claims. Amount was infused by way of issue of equity shares and inter-corporate deposits.

Capital structure:

この蚘事は M & A Critique の September 2019 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は M & A Critique の September 2019 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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