Tata Steel BSL

Overview

Tata Steel BSL

former name	Jawahar Metal Industries Private Limited (1983–1992) Bhushan Steel & Strips Limited (1992–2007) Bhushan Steel (2007–2018)
type	Public
isin	isin: INE824B01021
industry	Steel
founded	January 7, 1983 in Sahibabad, Uttar Pradesh, India
defunct	November 11, 2021
fate	Merged with Tata Steel
successor	Tata Steel
location	Jasmine Towers, 31 Shakespeare Sarani, Kolkata, West Bengal, India‡R1R‡
key people	T. V. Narendran (Chairman & Non-Executive Adnl. Director) Rajeev Singhal (MD)
products	Cold rolled, galvanised, Bhushan Galume, Tata Shaktee,colour coated tiles, drawn tubes, strips, wire rods, alloy billets, sponge iron
num employees	5000+
parent	Tata Steel
revenue	US$1.7 billion
homepage	Official website

Tata Steel BSL Limited, formerly Bhushan Steel Limited, was the largest manufacturer of auto-grade steel in India.[2]

History

The company was founded on 7 January 1983 under the name Jawahar Metal Industries Private Limited in the Sahibabad Industrial Area of Ghaziabad district, Uttar Pradesh. The company manufactured cold rolled steel strips and steel ingots. On 14 January 1987, Jawahar Metal Industries was acquired by Brij Bhushan Singal and his sons, Sanjay and Neeraj Singal. Jawahar Metal Industries was renamed as Bhushan Steel & Strips Limited on 9 June 1992. The name was changed to Bhushan Steel Limited in 2007.[3][4]

Insolvency proceedings were initiated against the company on 26 July 2017 under the Insolvency and Bankruptcy Code, 2016.[5]

Tata Steel BSL

History

Merger with Tata Steel

Plants

Financial Management

References