JSW Steel’s Credit Ratings Remain Stable Despite Supreme Court’s Bhushan Steel Verdict

Unknown Apr 02, 2026 650 Views

Supreme Court Verdict: Supreme Court has canceled JSW Steel's resolution plan to take over Bhushan Power & Steel Ltd (BPSL) on account of defiance of the Insolvency and Bankruptcy Code. This verdict affects JSW Steel's 2.75 MTPA steel production capacity in Odisha, which represents ar...