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Bhushan Power & Steel Ltd
4th Floor, Tolstoy House
15-17, Tolstoy Marg, Connaught Place
Phone: +91 1143544500p:+91 1143544500 NEW DELHI, 110019  India Fax: +91 1130451101f:+91 1130451101

On 7/13/2017, The National Company Law Tribunal (NCLT) issued a Notice to the Company regarding the Initiation of Insolvency Proceedings by its lender, Punjab National Bank under Section 7 of the Insolvency and Bankruptcy Code, 2016.
On 7/26/2017, The National Company Law Tribunal admitted Punjab National Bank's Insolvency petition filed against Bhushan Power & Steel Ltd. The Company has 180 days to present a Resolution Plan in accordance with the Insolvency and Bankruptcy Code, 2016.

Business Summary
Bhushan Power & Steel Limited is a steel making company. It manufactures flat, long and round products. It offers cable tapes used in power and industrial boilers, transformers, super heaters, automobiles and bicycles, railway electrification, furniture and general engineering applications; GP and steel coils; corrugated sheets used for industrial sheds, housing and temporary structures; and cold rolled sheets used in the manufacture of automobiles, white goods, electrical panels, furniture, transformers, oil barrels and drums, and general engineering products. It also provides narrow cold rolled coils, galvanized pipe, black pipe, precision tubes, and wire rods.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
IRA CQ
Score
Moody's
Rating
Fitch
Rating
DBRS
Rating
Morningstar
Rating
-Yes-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/20143/31/2014Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman & Managing Director SanjaySingal 53
Vice Chairman, Director AartiSingal
Director, Marketing H.C.Verma
Director, Commercial Development R.P.Goyal
Director, Technical Affairs R.N.Yadav

General Information
Outstanding Shares: 193,715,000 (As of 3/31/2014)
Fax Number: +91 1130451101
Email Address: delhi@bpsl.net


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Sunday, November 17, 2019