CCI approves acquisition of majority shareholding in B.M.M Ispat Limited by JSW Projects Limited.

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....CI approves acquisition of majority shareholding in B.M.M Ispat Limited by JSW Projects Limited. <br>News and Press Release<br>Dated:- 24-4-2020<br><BR>The Competition Commission of India (CCI) approv....

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....es proposed combination relating to acquisition of majority shareholding in B.M.M Ispat Limited (BMM) by JSW Projects Limited (JPL). JPL, a part of the JSW group, is engaged in the business of manufa....

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....cture of direct reduce iron/ sponge iron, coke dry quenching and captive power generation which are ultimately used in the manufacture of steel and steel products on a job work basis for JSW Steel Lim....

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....ited. BMM, incorporated India, is engaged in the manufacture and sale of steel products including (i) iron ore pellets; (ii) sponge iron; (iii) TMT bars and (iv) semis. Detailed order of the CCI wil....

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....l follow.<BR> News - Press release - PIB....