Steel Strips Wheels to invest Rs 138 cr in AMW Autocomponent

Steel Strips Wheels Ltd (SSWL) is set to invest Rs 138 crore in AMW Autocomponent Ltd as part of an insolvency resolution plan. The decision follows the approval of the resolution plan by the NCLT Ahmedabad. The investment, a blend of equity and debt, aims to settle financial and operational obligations, marking the fulfillment of SSWL's commitment under the approved plan.

Related Keywords

Ahmedabad ,Gujarat ,India , ,Autocomponent Limited ,Steel Strips Wheels Ltd ,Autocomponent Ltd ,Ahmedabad Bench ,National Company Law Tribunal ,Steel Strips Wheels ,Steel Strips ,Amw Autocomponent ,Insolvency Resolution Plan ,Nclt Ahmedabad ,