Rohit Ferro-Tech Limited
Sector: Steel • Location: India
Source: Financial Conduct Authority (FCA)
Acquisition of controlling 90% stake in Rohit Ferro-Tech Limited by Tata Steel Mining Limited. Funding of ₹617.12 crore was used for CIRP cost, employee dues, operational and financial creditors. Equity investment of ₹10 crore and inter-corporate loan of ₹607.12 crore were made. Board nominees appointed effective April 11, 2022.
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Participants
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Company | Obfuscated Data |
Status
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Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Acquisition of controlling 90% stake in Rohit Ferro-Tech Limited by Tata Steel Mining Limited. Funding of ₹617.12 crore was used for CIRP cost, employee dues, operational and financial creditors. Equity investment of ₹10 crore and inter-corporate loan of ₹607.12 crore were made. Board nominees appointed effective April 11, 2022. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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