Shyam Metalics and Energy Ltd - 543299 - Clarification On The Media Reports On The Acquisition Of Mittal Corp Ltd.
This is in regard to the media reports published in today's various newspapers in regard to the acquisition of Mittal Corp Ltd. We would like to clarify that Shyam Metalics and Energy Ltd. (SMEL) has taken active steps to acquire Mittal Corp Ltd under Insolvency and Bankruptcy Code (IBC) process. Presently, the matter is pending adjudication. This is for your kind information and records.21-12-2022