Evonith Steel has secured Rs. 1700 crore from multiple banks, including Standard Chartered and JP Morgan, to repay existing creditors and extend debt maturities. Acquired by UK-based Nithia Capital in 2021, Evonith has an annual capacity of up to 1 million tonnes of crude steel.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.