NEW DELHI (Scrap Monster): The company led by Naveen Jindal stated in the BSE filing that, the executive sub-committee of the Board of the company has approved of 10,000 personally placed rated and redeemable, unsecured as well as non convertible debentures.
The company rejected to inform the media the need of the fund. Any ways, it is well known that, JSPL and also its subsidiary version Jindal Power are in the need to pay fine, which is worth around 18 billion dollars, based on the orders of the Supreme Court, under the lawsuit for illegal coal mining.
If the company fails to pay the fine, it will not be permitted to participate in the coal block auction, launched by the government.
Copper Scrap View All | |
Alternator | 0.31 (0) |
#1 Copper Bare Bright | 3.81 (-0.04) |
Aluminum Scrap View All | |
356 Aluminum Wheels (Clean) | 0.73 (0) |
6061 Extrusions | 0.64 (0) |
Steel Scrap View All | |
#1 Bundle | 435.00 (0) |
#1 Busheling | 455.00 (0) |
Electronics Scrap View All |