Electrosteel Castings, Srikalahasti Pipes boards approve mergerThe merged entity will have total DI pipe manufacturing capacity of 8 lakh tonne in India with a market share of 30 %, the company said in ...
05 Oct, 2020, 10.41 PM IST
TMT bars demand to normalise by October: ElectrosteelDomestic demand for TMT bars is at about 85% of pre-Covid levels and is inching up, said Pankaj Malhan, chief executive, Electrosteel Steel...
13 Sep, 2020, 11.52 PM IST
Weighing options in Karnataka: Electrosteel CEO“We would seriously be evaluating options in Karnataka iron-ore mines. We have a big piece of land already with us, close to our mines (in ...
23 Feb, 2020, 11.49 PM IST
Vedanta plans to raise Electrosteel capacity to 7 MT in 4 years: Anil AgarwalIn the first phase, the capacity will be increased to 2.5 mt from 1.5 mt now, with an investment of $300 million.
26 Dec, 2018, 06.55 AM IST
Lenders to get 7.6 pc in Electrosteel after Vedanta takeoverElectrosteel acquisition would complement the Group's existing iron ore business, which comprises mining operations in Karnataka and Goa an...
03 May, 2018, 02.33 PM IST
NCLAT directs status quo in Electrosteel sale caseNCLAT direction came over a petition filed by Renaissance Steel which saw its resolution application being rejected by the Committee of Cre...
01 May, 2018, 07.31 PM IST
Vedanta's acquisition of Electrosteel credit positive: Moody'sThe ratings agency said that Vedanta's acquisition of 90 percent of Electrosteel is credit positive "because it will enhance the company's ...
24 Apr, 2018, 04.47 PM IST
Tata steel wants to bid afresh for Electrosteel on MAT reliefThe latest move by Tata, suggesting it could raise its bid, followed a clarification issued by the Central Board of Direct Taxes (CBDT) on ...
26 Jan, 2018, 07.04 AM IST
Vedanta eyeing minority stake in Electrosteel SteelsElectrosteel has been under corporate debt restructuring scheme since 2013 with a debt of more than Rs 6,000 crore.
26 Apr, 2015, 11.45 AM IST
Electrosteel's Rs 7,000-cr loan recast plan may go to CDR by July"The lenders are ready to recast the Electrosteel Steels' Rs 7,000 crore loan provided they meet our demands, which include corporate guara...
23 Jun, 2013, 01.20 PM IST
- Electrosteel Steels hopes to achieve financial closure of Jharkhand plant by end November 2012
ESL is expected to close the transaction for long-term project funding of Rs 2,300 crore through a debt syndication comprising of credible ...
09 Nov, 2012, 06.47 PM IST
- Electrosteel Castings' Q2 net profit at Rs 37.03 crore
Electrosteel 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...
14 Oct, 2012, 11.31 AM IST
- Bokaro plant ready for commissioning; will auger well for ESL in future
Commissioning of plant at Bokaro and reduction in cost of production due to captive capacities, going ahead, will auger well for Electroste...
27 Sep, 2012, 06.41 PM IST
- Electrosteel joins hands with Chinese major
The company has entered into agreement with Laiwu Steel to commission its state-of-the-art steel pant and to achieve 90% production in a re...
16 Nov, 2011, 01.35 PM IST
- 'Subscribe' to Electrosteel Steel IPO: Arihant
The company has entered capital market by issuing shares of face value Rs 10 each in the price band of Rs 10-11.
23 Sep, 2010, 01.24 PM IST
- Electrosteel Steels fixes IPO price band at Rs 10-11 per share
Electrosteel Steels Ltd (ESL) promoted by Electrosteel Castings Ltd has fixed price band of Rs 10 and Rs 11 per equity share for its initia...
20 Sep, 2010, 11.02 PM IST
- Electrosteel achieves financial closure
Elecrostel Integrated Limited achieves financial closure for its Rs 4956-crore integrated steel project in Bokaro.
29 Jun, 2007, 09.45 PM IST