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Published 3 months ago

JSW Steel Pays Rs 2.79 Lakh Penalty Levied By RBI On JISPL

Summary by BQ
JSW Steel on Tuesday said it has paid about Rs 2.79 lakh that was levied as penalty by the Reserve Bank of India on JSW Ispat Special Products Ltd.JISPL was amalgamated with effect from Jul. 31, 2023 after an order of the National Company Law Tribunal dated Jun. 22, 2023, JSW Steel said in a filing on Tuesday."A penalty of Rs 2,79,718 levied by the RBI vide its order dated Nov. 22, 2023 on the erstwhile JISPL in response to a compounding applica…
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