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ADHUNIK
Edelweiss ARC exits Adhunik as Davidson Kempner takes controlEdelweiss, which had acquired Adhunik via the insolvency resolution route, had been gradually monetising its exposure through asset sales a...- Liberty Steel's Adhunik Metaliks resumes operationsAdhunik and Zion Steel were taken to the insolvency courts and had an admitted debt of around Rs 5,000 crore, according to court filings in...
- NCLAT stays liquidation process against Adhunik MetaliksThis follows an appeal by Liberty House group. The latter had emerged the successful resolution applicant for Adhunik Metaliks.
- Adhunik Metaliks debt plan may get a breatherThe RP for the debt-laden company is likely to tell the NCLT during a hearing on Tuesday to deduct up to 25 days from the deadline
- Edelweiss ARC makes Rs 325 crore top bid for Orissa Manganese & MineralsEdelweiss ARC was the sole bidder for the other two companies – Zion Steel and Adhunik Metaliks.
- Adhunik Alloys gets four resolution plansThe four companies face claims totalling Rs 14,185 crore.
- NCLT gives extension to Adhunik companiesAdhunik Metaliks, Zion Steel, and Orissa Manganese and Minerals had failed to hammer out a debt resolution plan within the initial deadline...
- Adhunik Metaliks is doing rather well today. Know whyShares of small cap Adhunik Metaliks rose limit up 20% after the metals company got a state government nod on a lease renewal of three of i...
- Adani Power in talks to buy Adhunik Group firm; Adhunik Metaliks rallies 20% intraday, ends 6% upAdhunik Metaliks surged as much as 20 per cent in trade on Wednesday.
- Adani in talks to buy Adhunik PowerGautam Adani's Adani Power is in advanced talks with Adhunik Group to buy Adhunik Power, sources with direct knowledge said.
- Dalmia Cement acquires Adhunik Cement for Rs 560 croreThe equity value of the deal to buy Adhunik will be 560 cr & there is a debt of 525 cr, Puneet Dalmia, CEO & MD of Dalmia Cement said.
- Buy Adhunik Metaliks with a target of 31: Prakash GabaAdhunik Metaliks Ltd is a ‘BUY’ call with a target of Rs 31 and a stop loss of Rs 29.
- Adhunik Metaliks in talks to sell forging arm Neepaz V Forge to Amtek AutoThe subsidiary, Neepaz V Forge, manufactures forged products for automobile players such as Tata Motors, Ashok Leyland and Mahindra & Mahin...
- Keonjhar mine to provide some cost advantage: Adhunik MetaliksIn a chat with ET Now, BN Singh, Group CEO, Adhunik Metaliks, shares his views on company's performance.
- Adhunik group to have another power plantAdhunik Power and Natural Resources Limited (APNRL), a unit of Adhunik Group of Companies, will set up one Super Thermal Power plant in Jha...
- SBI Macquarie to buy 12% in Adhunik arm for Rs 125 crSBI Macquarie Infrastructure Fund is buying a 12% stake in Adhunik Metalik's power subsidiary for Rs 125 crore, sources with direct knowled...
- SBI Macquarie Infra Fund to invest Rs 125 cr in Adhunik MetaliksSBI Macquarie Infrastructure Fund is buying 12% stake in Adhunik Metalik’s power subsidiary for Rs 125 crores, sources with direct knowledg...
- Adhunik in talk with major automakersAdhunik Group of Industries is in discussion for tie-up with major automobile companies to supply specialised steel and auto components, of...
- Adhunik in talks to buy 50% in Australian mine for $100 mnThe Adhunik Group of Industries, with interests in power, steel, cement, transmission towers and mining businesses, has initiated talks to ...
- Adhunik Metaliks set to take reins of Unistar GalvanisersIn an indication that the consolidation mood in the metals industry has now spread to mid-size companies, Adhunik Metaliks, part of the Kol...
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