Electrosteel Steel 225.5 mln shr IPO subscribed 8.14 times on close Electrosteel Steels Ltd Live BSE Share Price today, Esl latest news, 533264 announcements. Although my analysis for Electrosteel Steels is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. The Company offers pig iron, billets, TMT bars, wire rods, and ductile iron pipes. The delisting proposal was taken on record and approved, in the meeting of the board of directors held today, the company said in a BSE filing. Mahindra & Mahindra | DLF | SAIL | NHPC | Puravankara | MMTC | Claris Life | Jindal Steel | Electrosteel Steels | Time Technoplast | Ujjivan Financial | Banco Products | Monnet Ispat | Mindtree and Usher Agro are stocks, which are in the news today. On June 21, Electrosteel Steels informed exchanges that it has remitted the amount to its financial creditors. This page features the latest news about the Electrosteel Steels share - Page 4 what will happen for the share holders at present? Electrosteel Steels Ltd. was incorporated in the year 2006. 26/02/2020 02:07:04 PM Share: ET Auto @ETAuto. Your Reason has been Reported to the admin. The board of Electrosteel Steels will meet on Monday to mull delisting. The board of Electrosteel Steels Monday approved the proposal to delist the company, according to a regulatory filing.. Electrosteel Steels News and Announcements/notices, Live Electrosteel Steels corporate announcement on Deals, Bonus, Rights, Stock Splits, Dividends, Board Meetings, Quarterly Results on Moneycontrol. The News Scroll 24 September 2018 Last Updated at 8:43 pm | Source: PTI Outlook September 24, 2018 20:43 IST Electrosteel Steels board approves delisting of company outlookindia.com ELECTROSTEEL STEELS LTD : News, information and stories for ELECTROSTEEL STEELS LTD | NSE India Stock Exchange: ELECTROSL | NSE India Stock Exchange Size Micro Cap Style Market Cap £n/a: Enterprise Value £n/a: Revenue: £505.6m: Position in Universe: th / 3027 Quality. The Tata Steel board has approved the next phase of capacity expansion in Kalinganagar to 8 million tonnes per annum from 3 million tonnes at present. MOTHERSUMI 2.90%. Vedanta has recently entered the steel business by acquiring Electrosteel Steels for Rs5,320cr. The delisting proposal was taken on record and approved, in the meeting of the board of directors held today, the company said in a BSE filing. Esl financial results, Esl shareholding, Esl annual reports, Esl pledge, Esl … The delisting proposal was taken on record and approved, in the meeting of the board of directors held today, the company said in a BSE filing. The Company is engaged in selling thermo mechanically treated (TMT) bars, billets, ductile iron (DI) pipes, pig iron and wire rod. Copyright © e-Eighteen.com Ltd All rights resderved. The shares allotted to Indian Overseas Bank, SREI Infrastructure & Finance Ltd and Oriental Bank of Commerce ranged from 4.43 percent to 4.63 percent of the total shares allotted. Home >Companies >News >Electrosteel Steels first from RBI’s dirty dozen to exit bankruptcy Electrosteel Steels owes lenders more than Rs13,000 crore, of … These companies are Electrosteel Steels Ltd (relisted in June 2018), Monnet Monnet Ispat & Energy Ltd (September 2018), GB Global Ltd (July 2019), Ruchi Soya Industries Ltd (January 2020), Alok Industries Ltd (February 2020), and Bafna Pharmaceuticals Ltd (February 2020). Its current market capitalisation stands at Rs 6091 Cr. New Delhi, Oct 30 (PTI) Electrosteel Steels Tuesday said its … 13/03/2020 04:25:58 PM Share: KOLKATA: Lenders to beleaguered Electrosteel Steels have urged the National Company Law Tribunal to admit insolvency proceedings against the West Bengal-headquartered company. Haute résistance, haute durée de vie. Livrables en 72h. Get the latest Electrosteel steels news, videos and headlines. Mirae Asset Emerging Bluechip Fund Direct-Growth, ICICI Prudential Bluechip Fund Direct-Growth, Electrosteel Steels board approves delisting of company, The board of Electrosteel Steels Monday approved the proposal to delist the. Dec 06, 2018 16:05 Source: NSE ELECTROSTEEL STEELS LIMITED. On May 30, NCLAT allowed Vedanta to make a Rs 5,320 crore upfront payment to lenders for acquiring Electrosteel Steels with a caveat that the payment would be subject to the outcome of the petition filed by Renaissance Steel challenging Vedanta’s bid. Sources tell CNBC-TV18, six players have submitted an Expression of Interest for debt-laden Electrosteel Steels in response to the memorandum that was floated by the insolvency professional and this includes names like Tata Steel. Let's reshape it today, Hunt for the brightest engineers in India. The company has acquired control over ESL and a new board of directors has been put in place. This is an invitation to tender your Equity Shares of Electrosteel Steels Limited to the Acquirer at the Exit Price of INR 9.54 per Equity Share, subject to the terms and conditions provided below. ELECTROSTEEL STEELS LTD : News, information and stories for ELECTROSTEEL STEELS LTD | NSE India Stock Exchange: ELECTROSL | NSE India Stock Exchange DI Pipes Fittings & Special Other Products. Its today's share price is 31.05. The Group has successfully forayed into Steel Making with an Integrated Steel & DI Pipe Plant at Bokaro, commissioned in consultation with reputed international agencies. Electrosteel Steels Ltd. Stock/Share prices today, Electrosteel Steels Ltd. Live BSE/NSE. Electrosteel Steels: Get Electrosteel Steels Latest News, Videos and Photos also find Breaking news, updates, information on Electrosteel Steels. | Page 1 The delisting proposal was taken on record and approved, in the meeting of the board of directors held today, the company said in a BSE filing. Electrosteel are a leading manufacturer of Ductile Iron Pipes, Fittings, and Ancillary Pipeline Products supplying around the globe. Follow the latest in business and stock markets on BloombergQuint. Get today's Electrosteel Steels Ltd stock price and latest ELES news as well as Electrosteel Steels real-time stock quotes, technical analysis, full financials and more. Get all latest & breaking news on Electrosteel Steels. Electrosteel Castings Limited (ECL) is a pioneer in the production of Ductile Iron Pipes in India, with a strong presence in over 70 countries across the globe. Though Electrosteel’s current market price is Rs 1.10 per share, it’s well accepted that equity shares of an insolvent company are usually worth nothing. 2018-12-25 livemint.com - Kolkata: Vedanta Ltd on Tuesday said it will set up a new steel plant in Jharkhand with a capacity of 4.5-million-tonne-per-annum at an investment of $3-4 billion. Read more on Electrosteel Steels debt. Electrosteel Steels debt: Read Electrosteel Steels debt Latest News also find Videos, Photos and information about Electrosteel Steels debt from ZeeBiz.COM. Choose your winners rationally in 3 simple steps! Explore more on Electrosteel. 172@29@17@136!~!172@29@0@53!~!|news|tags|electrosteel-steels.html!~!news|moneycontrol|com!~!|controller|tag.php!~!is_mobile=false, SC to hear all petitions on farm laws on Jan 11, Tata Motors' new 7-seater SUV named Safari, Coronavirus News LIVE Updates: Second dry run to take place on January 8 in all districts of the country, Nirav Modi's sister, brother-in-law turn approver in PNB scam case, Trouble for Congress in Bihar? ELECTROSTEEL est fier d’avoir participé à une des semaines de formation des nouvelles recrues de VEOLIA en reconversion. DI Pipes and Fittings. June 28, 2018 1:55 am. The delisting proposal was taken on record and approved, in the meeting of the board of directors held today, the company said in a BSE filing. ELECTROSL - Electrosteel Steels Share News ₹31 0.0 0.0% Last Trade - 12/12/18. Read all the latest news and updates on Electrosteel Steels only on News18.com. Explore more on Electrosteel. ACC -1.86%. New Delhi, Oct 30 (PTI) Electrosteel Steels Tuesday said its … Electrosteel Steels Ltd has informed BSE that 4th Annual General Meeting (AGM) of the Company was held on July 15, 2011. Farmers' Protest News LIVE Updates: We're committed to farmers' welfare, says Agriculture Minister Narendra Singh Tomar, Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, Smallcap stocks which turned multibaggers in 2018 were Electrosteel Steels, Excel Industries, Merck, IOL Chemicals & Pharmaceuticals and Nelco. Starbridge Finance Limited sold 12,050,000 shares of Electrosteel Steels at Rs 4 per share on the NSE. Renaissance Steel has questioned the eligibility of Tata Steel and Anil Agarwal-run Vedanta to bid under the bankruptcy process alleging the move to be a breach of the law. CNBC-TV18 learns from sources that Edelweiss Group has made an offer to bail out Electrosteel Steels. September 25, 2018, 13:28 IST The board of Electrosteel Steels Monday approved the proposal to delist the company, according to a regulatory filing. The resolution process of Bhushan Power & Steel Limited, Electrosteel Steels, Essar Steel and Monnet Steel is likely to complete only in the first quarter FY19, according to a report. The consortium of 27 banks has deferred plans to recast Rs 7,000-crore loan extended to the troubled Electrosteel Steels due to differences over terms of the proposal, including fresh capital infusion and corporate guarantee that promoters are supposed to bring to the table. ELECTROSL, BSE:533264- Keep track of all breaking news on Electrosteel Steels Ltd. from all sources at a single place. DI Pipes Fittings & Special Other Products. KOLKATA: Anil Agarwal, chairman of resources major Vedanta group which acquired Electrosteel Steels under the Insolvency and Bankruptcy Code earlier this year, is keen to make it the vehicle for his expansion into the steel sector. Highly Speculative. New Delhi: Electrosteel Steels Ltd on Tuesday spelled out steps to be taken for completion of its takeover by Vedanta Star Ltd and subsequent delisting from stock exchanges. On October 17, 2016 Roundabout Finance Ltd sold 1,20,50,000 shares of Electrosteel Steels. The delisting proposal was taken on record and approved, in the meeting of the board of directors held today, the company said in a BSE filing. Explore more on Electrosteel Steels at Dnaindia.com. The Vedanta-owned company was re-listed after the insolvency procedure. For reprint rights: Electrosteel Steels acquisition led to a turnaround in firm: Vedanta, Electrosteel Steels shares go haywire on delisting announcement, Vedanta acquires management control of Electrosteel Steels, Vedanta gets management control of Electrosteel Steels, IMA for Electrosteel Steels till Vedanta gets control, IBBI slaps penalty on Electrosteel Steels resolution professional. Online News, Business News, Steel News, Steel Prices, S.. Vedanata Electrosteel Exploring Steel Plant in Karnataka. Electrosteel Steels net loss narrows to Rs 86 cr in Jul-Sep. PTI Feeds | October 30, 2018 9:15 PM IST. steelguru. The board of Electrosteel Steels Monday approved the proposal to delist the company, according to a regulatory filing.The delisting proposal was taken on record and approved, in the meeting of the board of directors held today, the company said in The board of Electrosteel Steels Monday approved the proposal to delist the company, according to a regulatory filing. Electrosteel Steels Ltd. share price live updates on The Economic Times. Get detailed Electrosteel Steels Ltd. stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. NCLAT declines to stay delisting of ElectroSteel Steels by Vedanta On May 30, NCLAT allowed Vedanta to make a Rs 5,320 crore upfront payment to lenders for acquiring Electrosteel Steels with a caveat that the payment would be subject to the outcome of the petition filed … New Delhi, Oct 30 (PTI) Electrosteel Steels Tuesday said its … ETAuto | Weighing Options in Karnataka: Electrosteel CEO . Electrosteel Steels has a debt of about Rs 11,000 crore that owed to a consortium of banks led by SBI. Electrosteel Steels board approves delisting of company. Copyright © e-Eighteen.com Ltd. All rights reserved. Anil Agarwal group-owned Vedanta said it has won the bid to acquire bankrupt Electrosteel Steels in an insolvency auction. Inciting hatred against a certain community, How your focus on sustainability can actually increase in sales. Electrosteel Steels Ltd. manufactures metal products. Electrosteel Steels net loss narrows to Rs 86 cr in Jul-Sep. PTI Feeds | October 30, 2018 9:15 PM IST. The plant will be part of the company’s newly-acquired Electrosteel Steels Ltd (ESL) at Bokaro, Vedanta Resources chairman Anil Agarwal said. NCLAT declines to stay delisting of ElectroSteel Steels by Vedanta. The total income of the company increased to Rs 1,046.15 crore in April-June quarter over Rs 814.94 crore in the year-ago period, it said. On May 17, the NCLAT admitted the petition of Renaissance Steel challenging Vedanta’s bid for debt-ridden Electrosteel. Spécialiste de la fonte ductile, Electrosteel produit des systèmes complets de canalisations pour l'assainissement, l'adduction d'eau et l'irrigation. Explore more on Electrosteel Steels. Get Electrosteel Steels Ltd. detailed news, announcements, financial report, company information, annual report, balance sheet, profit & loss account, results and more. Find Electrosteel Steels Latest News, Videos & Pictures on Electrosteel Steels and see latest updates, news, information from NDTV.COM. Reproduction of news articles, photos, videos or any other content in whole or in part in any form On December 22, 2016 Starbridge Finance Limited sold 1,20,50,000 shares of Electrosteel Steels. Electrosteel are a leading manufacturer of Ductile Iron Pipes, Fittings, and Ancillary Pipeline Products supplying around the globe. Products comply with the many International and European Standards for conveyance of potable drinking water, raw water and wastewater. MUMBAI: Banks led by State Bank of India will decide on Thursday the fate of three large defaulters — Essar Steel, Bhushan Steel and Electrosteel Steels — which constitute nearly half the loans of the top 12 defaulters identified by the Reserve Bank of India, thus marking a significant phase in the effort of lenders to clean up bad loans. These companies are Electrosteel Steels Ltd (relisted in June 2018), Monnet Monnet Ispat & Energy Ltd (September 2018), GB Global Ltd (July 2019), Ruchi Soya Industries Ltd (January 2020), Alok Industries Ltd (February 2020), and Bafna Pharmaceuticals Ltd (February 2020).