GAIL Releases Payment To All Stakeholders Of JBF Petrochemicals
The acquisition of JBFPL offers GAIL an opportunity to add a new product Purified Terephthalic Acid (PTA) to GAIL’s existing petrochemical portfolio.
Source: freepressjournal.in
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GAIL releases payment to all stakeholders of JBF Petrochemicals as per NCLT Order CIRP gets completed in 15 months
In a first of its kind endeavour for a CPSE, GAIL India Ltd emerged successful in Corporate Insolvency Resolution Process of JBF Petrochemicals in competitive bidding seeing through major India petrochemical players in the process.
Source: equitybulls.com