Bhushan Steel is now Tata Steel BSL Ltd

Bhushan Steel was renamed Tata Steel BSL Ltd as a result of the Center's approval for the name change, said the steel manufacturer.

"On November 27, 2018, Bhushan Steel Ltd received the approval of the central government authorizing the name change of Tata Steel BSL Ltd and a" Certificate of Incorporation under a name change ". .. was issued by the Registrar of Companies, New Delhi in this regard, "said the company in a document filed with BSE.

Bamnipal Steel Ltd (BNPL), a wholly-owned subsidiary of Tata Steel, finalized the acquisition of the 72.65% controlling interest in Bhushan Steel Ltd (BSL).

Previously, Tata Steel had won the purchase purchase of Bhushan Steel in debt for bankruptcy. The bankrupt company was among the 12 stressed badets that were the subject of an appeal before the RBI last year before the National Corporate Law Tribunal (NCLT).