E-voting for ArcelorMittal’s resolution plan delayed, result on Thursday1 min read 24 Oct 2018, 08:46 PM IST
ArcelorMittal will pay ₹42,000 crore upfront to creditors of Essar Steel. The company will also infuse ₹8,000 crore over a period of time
Mumbai: The voting process for the approval of the resolution plan submitted by ArcelorMittal Netherlands NV for debt-ridden Essar Steel Ltd was delayed due to minor technical glitch on Tuesday. The voting outcome, which was to be declared on Wednesday evening, consequently got delayed and will now, be declared on Thursday.
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