The company’s Board has approved the sale of the unit on slump sale basis as a going concern subject to the approval of the West Bengal Industrial Infrastructure Development Corporation (WBIIDC) and the company will enter into an agreement for slump sale with the buyer very shortly.
Ashirwad Steels and Industries manufactures and supplies sponge iron used in manufacturing finished steel. Under its bottling business, the company is engaged in bottling of hydrocarbon gas and liquefied petroleum gas (LPG).
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.