08 Oct 2025 | 5 Mins Read
JSW Steel shares in focus
Flipitmoney
The Supreme Court declined to interfere in ongoing money laundering proceedings against JSW Steel and its officials over the Obulapuram Mining Company (OMC) case, allowing the statutory process to continue. The case concerns a Rs 33.80 crore withdrawal from bank accounts attached by the Enforcement Directorate. The key issue is whether the withdrawn amount qualifies as "proceeds of crime".