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Reputation: 642,713  •  Jul 28, 2023 5:51 AM
Nalwa Steel, BTL EPC bids tied for McNally
Nalwa Steel, BTL EPC bids tied for McNally
Nalwa Steel and Power and BTL EPC's resolution plans received an equal number of votes from creditors in the case of McNally Bharat Engineering, causing a rare tie situation in the bankruptcy proceedings. The winning bid was declared as BTL EPC, which offered INR 445.2 crore, compared to Nalwa's INR 426 crore.
The Economic Times

https://economictimes.indiatimes.com/industry/indl-goods/...
#EVEREADY #WILLAMAGOR #NSIL #DABUR

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