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ADHUNIK ALLOYS
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...- Bhagwati Power top bidder for Adhunik AlloyA source in the banking circle said the committee of creditors (CoC) in its meeting held last week has approved the plan of Bhagwati Power ...
- 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
- Lenders accept misra & sons’ bid for Orissa ManganeseThe others are Zion Steel, Adhunik Metalliks and Adhunik Alloy & Power. Ghanashyam Misra will retain debt of Rs 150 crore in the mining uni...
- Srei Infra’s Rs 215-cr offer for Adhunik Alloy disqualifiedSrei Infrastructure had bid with three other applicants for Adhunik Alloy, one of the four companies of Adhunik group facing bankruptcy pro...
- 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.
- Three Adhunik companies get 90-day extensionThe extension comes at a time when the group companies have collectively received about 20 expressions of interest. However, the companies ...
- 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...
- Insolvent Adhunik firms get 20 EoIsBinding bids for the resolution plans must be submitted in the next two weeks.
- Adhunik Group appoints Mohanlal as Group CEOMohanlal will based in Rourkela and will be responsible for the group's steel business and mining operations, a statement said.
- Adhunik Metaliks offers a helping hand to Uttarakhand victimsA 30-member team from Adhunik Metaliks has come forward and volunteered for help in assisting the Government of Jharkhand in rescue operati...
- Adhunik Metaliks to receive environmental clearance for iron mine soonThe clearance will be for 150 acres of non-forest area mining, sources close to the development confirmed. The official announcement for th...
- ET Ferro Alloy: Adhunik Metaliks on growth trackNirmal Kumar Agarwal talks about the co's performance, vis-à-vis industry.
- Adhunik Metaliks net up 200 per cent to Rs 56 crNet sales of the company was at Rs 428.44 crore, up 39.16 per cent, compared to Rs 307.87 crore in Q1 of 2009-10, the company said in a sta...
- Adhunik Metaliks plans Rs 300 crore IPO for mining unitSpeciality steel maker Adhunik Metaliks Ltd will raise Rs 250 to 300 crore through an initial public offering of shares in its mining subsi...
- Adhunik Group to set up 1,000 MW power plant in JharkhandAdhunik Thermal and Power Ltd, a unit of Adhunik Group, on Monday said it would invest Rs 4,500 crore for setting up a 1,000 MW power plant...
- ATPL to set up 1000 MW power plant in JharkhandAdhunik Thermal and Power Limited (ATPL)will invest Rs 4500 crore to set up a 1000 MW power plant at Kandra in Saraikela-Kharswan district ...
- Adhunik Metaliks to sell stake in mining arm to PE fundsAdhunik Metaliks, which manufactures speciality steels for the auto industry, is in talks with a clutch of private equity (PE) players to o...
- Religare assigns ‘buy’ to Adhunik MetaliksReligare has initiated coverage on Adhunik Metaliks with a buy recommendation for a target price of Rs 246.
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