Monnet Ispat goes to AION Capital-JSW Steel consortium for just Rs 2,850 crore after 75% haircut
Distressed assets fund AION Capital-JSW Steel consortium has won the bid to take over the steel company Monnet Ispat following an order from the Mumbai bench of the National Company Law Tribunal (NCLT).
Distressed assets fund AION Capital-JSW Steel consortium has won the bid to take over the steel company Monnet Ispat. image source: Reuters