RINL CMD administers pledge for turnaround of company

Visakhapatnam Led by Atul Bhatt, Chairman-cum-Managing Director and Directors of Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant on Tuesday administered a pledge by the RINL collective to achieve a turnaround for the cash-starved company.

At a program held at RINL, Bhatt appraised the employees about the challenges and the financial stress through which the company is passing through and exhorted everyone to once again reaffirm their commitment to put their best effort to turnaround the company’s performance and sail into profitability in the next three months.

As a step towards this, all the employees led by CMD and Directors of RINL took pledge to turnaround the company in coming months. The CMD exhorted the employees to focus on increasing capacity utilisation and increase output of steel products by 20 per cent.