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ESL STEEL LIMITED
Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...- Vedanta's Rs 1 lakh cr aluminium refinery project to come up in Odisha's RaygadaVedanta will establish a Rs 1 lakh crore aluminium refinery and smelter in Raygada, Odisha. The first phase will start in the next three ye...
- Tata Steel CEO TV Narendran says company not so keen on any other new acquisitionsTata Steel CEO TV Narendran on Sunday said that the company, which is in an expansion mode in India, is not keen on any new acquisitions. A...
- Anil Agarwal-led Vedanta looks to sell Electrosteel and exit steel businessWants to focus on core mining, industrial, cut debt; AMNS, JSW, Jindal Steel & Power, Tatas tapped. Anil Agarwal seeks Rs 10.5K-Rs 12Kcr Va...
- Does a secondary market for corporate and personal guarantees exist?The amount involved in the resolution process of personal guarantors to corporate debtors is substantial. As of March 2022, 926 application...
- Captive mines, value-added businesses will help Vedanta realise "hefty" margins: CEO Sunil DuggalVedanta has recently won two iron ore mines in Odisha through auctions. Once these mines get operational, they will not only secure its iro...
- Commodity prices won't soften anytime soon: Vedanta CEO Sunil DuggalMeanwhile, as India's demand for metals such as nickel and cobalt rises with the eventual mainstreaming of electric vehicles, Vedanta is sc...
- Steel companies build pillars of support for staff to ease Covid painAnil Agarwal-led Vedanta, which employs around 79,000, has announced a comprehensive Covid insurance cover for its employees. On Monday, th...
- Steel makers supply 1.43 lakh MT medical oxygen since September 20: Official dataPrivate steel companies supplying oxygen are Tata Steel, ArcelorMittal Nippon Steel India (AMNS India), JSW Steel, Jindal Steel and Power L...
- Vedanta announces two senior level appointmentsAs part of the initiative, Prakash Kumar Singh, former Chairman and Managing director of Steel Authority of India Limited, has joined Vedan...
- Hindustan Zinc Limited emerges as water positive companySpeaking on the occasion, Sunil Duggal, Group CEO, Vedanta said: “We have a long-term approach to water management that aims to improve our...
- Electrosteel Steels acquisition led to a turnaround in firm: VedantaESL has achieved an EBIDTA of $ 130-140 per tonne.
- Electrosteel Steels board approves delisting of companyThe delisting proposal was taken on record and approved, in the meeting of the board of directors held today, the company said in a BSE fil...
- Vedanta gets management control of Electrosteel SteelsVedanta has deposited Rs 5,320 crore in an escrow account of ESL for 90 per cent equity in the bankrupt alloy maker.
- NCLAT allows Vedanta to make upfront payment of Rs 5,320 cr for ElectrosteelThe bench also clarified that if Renaissance Steel wins the case, then the Committee of Creditors (CoC) will have to return the money to Ve...
- NCLT extends time period for Corporate Insolvency Resolution Process for Electrosteel Steels LimitedThe order was passed by the Kolkata Bench of NCLT on December 19, 2017, Electrosteel Steels informed the BSE on Thursday. The scrip rose 0....
- Electrosteel Steels hopes to achieve financial closure of Jharkhand plant by end November 2012ESL is expected to close the transaction for long-term project funding of Rs 2,300 crore through a debt syndication comprising of credible ...
- Electrosteel Castings' Q2 net profit at Rs 37.03 croreElectrosteel Castings Ltd (ECL) has posted a net profit of Rs 37.03 crore in the quarter ended September 2012 compared to Rs 19.36 crore in...
- Electrosteel Steels to market its products from September12Initially, ESL plans to focus on the eastern region for marketing its products and gradually increase its marketing base all across the cou...
- 'Subscribe' to Electrosteel Steel IPO: ArihantThe company has entered capital market by issuing shares of face value Rs 10 each in the price band of Rs 10-11.
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