Fate of New Millennium Iron CorpNo matter what happens going forward its already written on the wall. TATA Steel is patiently waiting to put a hand on NML for chump change when NML goes belly up.
I will not be surprised to know, if ever, that TATA Steel has been calling the shots at NML through the BOD for many years now which explains the gradual fall of NML.
All in my opinion.