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SC approves JSW Steel’s plans to acquire Bhushan Power & Steel
short by / on Friday, 26 September, 2025
In a total reversal of its earlier order, the Supreme Court of India cleared JSW Steel path to acquire debt-laden Bhushan Power & Steel Ltd (BPSL) under a ₹19,700 crore resolution plan. A special bench led by Justice BR Gavai, with Justices Satish Chandra Sharma and K Vinod Chandran, upheld NCLT and NCLAT approvals.
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