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The Hon’ble National Company Law Tribunal Mumbai Bench-I (NCLT) has pronounced an order on 14th October, 2022, approving the resolution plan submitted by AM Mining India Private Limited with respect to the corporate insolvency resolution process of the Uttam Galva Steels Limited (the “Company”) under Section 31 of the Insolvency and Bankruptcy Code, 2016 (resolution plan, as approved, the “Resolution Plan”).

All actions in relation to acquisition of the Company have been completed in accordance with the Resolution Plan and a new board of directors of the Company was constituted on 10th November, 2022

We are in the process of changing the name of the Company from Uttam Galva Steels Limited to AMNS Khopoli, subject to all statutory approvals.


 
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