As filed · Bansal Wire Industries Limited has informed the exchange regarding Memorandum of Understanding entered between BWI Steel Private Limited (Wholly Owned Subsidiary) and Ministry of Steel, Government of
Bansal Wire Industries Limited has informed the exchange regarding Memorandum of Understanding entered between BWI Steel Private Limited (Wholly Owned Subsidiary) and Ministry of Steel, Government of India under PLI scheme 1.2. Phiroze Jeejeebhoy Towers, Dalal. Limited has entered into a Memorandum of Understanding (MoU) with Ministry of Steel (Mos), Government.
A joint venture commits capital and management time to an asset the company only part-owns.
Prior statements by this company that CapitSignal has recorded changing.
we want to take this to 60% because that is the business which gives me the best ROC.
Therefore, the 20% number growth thought process still remains.
We are looking to go to 25% ROCE in current business also in a very short while.
On INR 2 lakh tonnes, we will be able to maintain about INR 600 crore-INR 800 crore of EBITDA on an investment of INR 2,000 crore or INR 2,500 crore.
Therefore, the 20% number growth thought process still remains.
We are looking to go to 25% ROCE in current business also in a very short while.
