Mumbai-based ARC partners local investor to acquire stressed Odisha steel plant
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Mumbai-based ARC partners local investor to acquire stressed Odisha steel plant

By Beena Parmar

  • 07 May 2021
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Mumbai-based ARC partners local investor to acquire stressed Odisha steel plant
Credit: 123RF.com

A Mumbai-based asset reconstruction company (ARC), along with a local investor, has bought a stressed Kolkata-based firm that owns a steel plant in Odisha, two people told VCCircle. CFM Asset Reconstruction Pvt Ltd, registered in Gujarat, has partnered a local investor to buy MSP Metallics through a purchase of its entire ......

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