News Agency News Aggregator Journalist/Editor Broking House Others
Vedanta may sell off ESL Steel Limited and leave the steel industry According to The Economic Times, Vedanta intends to sell out ESL Steel Limited (formerly known as Electrosteel Steels Limited) in order to deleverage the financial sheet,
Mining giant Vedanta plans to sell off Electrosteel Steels Ltd to focus on its #mining business and deleverage the balance sheet which had a debt of $11.7 billion at March-end according to a report Read more👇 https://t.co/zTuWh15BZ2 #ElectroSteelSale
The steel plants acquired via IBC process include #BhushanSteel, #EssarSteel, #ElectrosteelSteels, Monnet Ispat & Energy Ltd and Bhushan Power & Steel Abhijit Lele reports #SteelProducers #IBCRules #CRISIL
Diversified natural resources major, Vedanta on Monday announced the appointment of P K Singh, former chairman of SAIL, as President–Growth Project, Electrosteel Steels Limited & Jitendra Kumar Dadoo, who retired as a Secretary to GoI in Dec' 17, as a Senior Advisor
Modiji’s Aatma Nirbhar Bharat movement, based on economy, infrastructure, technology driven system, vibrant demography & demand is a welcome initiative that will propel India’s growth and shape up India of Future: Pankaj Malhan, CEO, Vedanta ElectroSteel Steels
Vedanta Limited will now directly hold 95.49% in Electrosteel Steels Ltd (ESL) This follows nod from NCLT Kolkata for scheme of amalgamation of Vedanta Star Limited with ESL. The scheme has been made effective from Wednesday, March 25, 2020, Vedanta has informed the BSE.
Vedanta has said Electrosteel Steels Limited that was acquired in 2018 has recorded an improvement in operational performance with EBITDA margins of over $100 per tonne in Q4 FY20. Electrosteel is set to achieve the best ever production of 1.4 million tonnes in FY20
NCLT Kolkata has approved amalgamation of Vedanta’s arm Vedanta Star with Electrosteel Steels. Post the amalgamation Vedanta will hold 95.48% stake in the target company.
Orissa Bengal Carrier Ltd receives contract from Electrosteel Steels Ltd
Only 5 stocks gave multibagger returns in 2018, will 2019 turn the tables? Smallcap stocks which turned multibaggers in 2018 were Electrosteel Steels, Excel Industries, Merck, IOL Chemicals & Pharmaceuticals and Nelco
Navkar Corporation, Electrosteel Steels to move into ASM Framework