https://www.taxtmi.com/news?id=30597 State-funded revival plan for RINL provides for a significant equity infusion and conversion of an existing working capital loan into non-cumulative preference share capital with deferred redemption, aimed at relieving acute liquidity constraints, regularising capital structure, enabling phased resumption and scaling of blast furnace operations, and stabilising production while protecting employment dependent on the Visakhapatnam Steel Plant. en-us Fri, 17 Jan 2025 17:31:03 +0530 Fri, 17 Jan 2025 17:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30597 State-funded revival plan for RINL provides for a significant equity infusion and conversion of an existing working capital loan into non-cumulative preference share capital with deferred redemption, aimed at relieving acute liquidity constraints, regularising capital structure, enabling phased resumption and scaling of blast furnace operations, and stabilising production while protecting employment dependent on the Visakhapatnam Steel Plant. News - Fri, 17 Jan 2025 17:31:03 +0530 https://www.taxtmi.com/news?id=30597