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Exchange Filings

JSPL: Truly AtmaNirbhar

Source: Exchange Filings of Jindal Steel & Power Ltd

One reply on “JSPL: Truly AtmaNirbhar”

The promoter group as well as the co. JSPL both are highly pledged/leveraged. The promoter group’s ability to finance & conclude the deal is doubtful in view of the past failures to seal similar deals. Qu. also arises why the promoter owned co.Templar is selected when there were six other bidders for the Oman steel business & the long standing excessive debt/pledge issues & a no. of mis governance issues in the group/promoter co.’s.

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