Tata Steel Mining buys Rohit Ferro-Tech for Rs 617 crore
TSML has acquired debt-laden Rohit Ferro-Tech Ltd for Rs 617.12 crore through an insolvency resolution process.
The investment from TSML to Rohit Ferro-Tech has been made through a combination of equity of Rs 10 crore and inter-corporate loan of Rs 607.12 crore. Pic: Reuters and http://www.rohitferrotech.com/