JSW may support Ruia family bid to take back control of Essar Steel

JSW may support Ruia family bid to take back control of Essar Steel

Aerial view of blast furnace at Essar Steel in Hazira, Gujarat. Visual: Mint

JSW Steel Ltd will support the Ruia family in its bid to win back control of Essar Steel Ltd, if a bankruptcy court approves the family’s offer to repay all outstanding debt of the insolvent steel maker.

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