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Electrosteel Steels
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November 04, 2019, Monday
From moulding markets to changing mindset, how Vedanta revived Electrosteel
The second of a four-part series on IBC takes a look at how Vedanta restored faith of suppliers and customers and updated ...
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June 26, 2019, Wednesday
Electrosteel in expansion mode, eyes 10 mt capacity in 5-6 years
Electrosteel had a planned capacity of 2.5 mt, but the commissioned capacity was 1.5 mt
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July 06, 2018, Friday
Electrosteel Steels fined Rs 10 mn for non-compliance of disclosure norms
As per regulatory norms, the company was obligated to submit its audited financial results for quarter and year ended March 31, ...
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June 06, 2018, Wednesday
Electrosteel Steels allots equity shares worth Rs 74 billion to lenders
In March, Vedanta was declared as successful resolution applicant by committee of creditors for Electrosteel Steels
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May 25, 2018, Friday
Electrosteel Steels seeks exemption from Sebi for filing Q4, FY18 results
Earlier this month, NCLAT admitted the petition of Renaissance Steel challenging Vedanta's bid for debt-ridden Electrosteel
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May 03, 2018, Thursday
Lenders to get 7.6% stake in Electrosteel Steels after Vedanta takeover
Electrosteel acquisition would complement the Group's existing iron ore business, which comprises mining operations in Karnataka ...
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May 01, 2018, Tuesday
Insolvency proceedings: Tribunal seeks Electrosteel Steels bid details
Apart from Vedanta, Tata Steel, Renaissance Steel, Edelweiss Asset Reconstruction had also submitted resolution plans
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April 18, 2018, Wednesday
Electrosteel Steels goes to Vedanta, first of 12 IBC cases resolved
The value of the bid is Rs 53.20 bn, against admitted claims worth Rs 133 bn
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March 15, 2018, Thursday
Insolvency resolution: Tatas, Vedanta defend bids for Electrosteel
An independent assessment of Tata Steel and Vedanta 's eligibility was done and they were found to be eligible
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January 24, 2018, Wednesday
Electrosteel may see a higher revision in bids from all four companies
The four companies who had bid for Electrosteel Steels - Vedanta, Tata Steel, Edelweiss and Renaissance Steel India