26 Sep 2025 | 3 Mins Read
JSW Steel shares jump following Supreme Court's BPSL acquisition U-turn
Flipitmoney
The Supreme Court overturned its order against JSW Steel's acquisition of Bhushan Power and Steel, rejecting ₹6,100 crore in additional dues sought by the Committee of Creditors. The court deemed JSW's efforts to turn the company around achieved its purpose under the IBC. JSW Steel's shares surged 1.1% after the ruling.