1 April 2019: The bankruptcy court on Monday allowed an extension of 20 days for the resolution of the twin stressed assets of Uttam Value Steels and Uttam Galva Metallics. The 270-day resolution deadline for the companies is to expire this… Read More ›
SSG Capital Management
26 March 2019: A consortium led by GIC Private Limited including a Tata Group entity and SSG Capital Management are likely to buy 40 percent stake in GMR Airport’s arm for around Rs 8,000 crore, sources privy to the developments… Read More ›
ET: The twin assets include a 1-mn-tonne hot-rolled production capacity of Uttam Value Steels at Wardha in Maharashtra.
19 February 2019: Fresh bids are being invited for Uttam Value Steels and Uttam Galva Metallics, after the lenders to the two companies rejected offers from SSG Capital Management and New Zone Intertrade FZE terming them “unsatisfactory”, two people in the know said. The official… Read More ›