Essar Steel Proposes Rs 54\,389 Crore Settlement To Creditors

Essar Steel Proposes Rs 54,389 Crore Settlement To Creditors

Essar Steel is among a dozen of the country's biggest debt defaulters that were pushed into the bankruptcy court last year.

Corporates | | Updated: October 25, 2018 18:20 IST
Essar Steel Proposes Rs 54,389 Crore Settlement To Creditors

Essar Steel's plan consists of an upfront cash payment of Rs 47,507 crore to all creditors