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IVRCL GROUP COMPANY
Subhash Chandra's Essel Group to exit infrastructure firm IVRCLEssel Group is stepping away from IVRCL, an infrastructure company in which he expressed a keen interest just a few months ago.
- Essel Group offloads IVRCL shares worth Rs 68 crore
Essel Group pared its stake in IVRCL around 6 months after it expressed interest in raising its holding in the infra firm.
- IVRCL to merge IVRCL Assets & Holdings into itself
Infrastructure firm IVRCL on Monday said the Andhra Pradesh High Court has approved the merger of subsidiary IVRCL Assets and Holdings with...
- IVRCL promoter Sudhir Reddy plans to sue UBS over Essel bid
The founder of IVRCL is directing his ire at Swiss banking group UBS, drawing it into a rancourous blame game with Subhash Chandra of the E...
- Essel says not buying more IVRCL shares
Essel also implied that IVRCL's promoters led by Reddy were initially keen to sell their stake but at a price that was not acceptable to it.
- IVRCL down 2.6 pc as Essel group says no plan to hike stake now
Shares of IVRCL settled over 2 per cent lower today amid Subhash Chandra-led Essel group saying it has no immediate plans to buy additional...
Essel to contest any move by IVRCL to sell assetsEssel Group, which is one of the largest shareholders in IVRCL, will contest any decision by the infrastructure major to sell assets on the...
- No immediate plans to buy more shares of IVRCL: Essel
Subhash Chandra-led Essel group today said it has no immediate plans to buy additional shares of IVRCL Ltd, where it recently bought 12.27 ...
- IVRCL shares climb 4.5% on Essel open offer buzz
Essel Group may buy 20% more shares in IVRCL through an open offer priced at 110 for a share triggered hectic activity in the stock.
Essel now largest shareholder in IVRCL, offers to buy founder Sudhir Reddy's stake at Rs 90 per shareThe Essel Group has dangled an offer to buy out the founder of IVRCL as it presses ahead with a plan to smoothly gain control of the compan...
- IVRCL gains 2% as Essel group hikes stake
With the latest share purchase, Essel group's holding in IVRCL has exceeded that of the company's promoter holding as on December 31, 2011.
- Essel Group increases stake in IVRCL
Essel Group has bought an additional 55 lakh shares of IVRCL on April 2 and 3, through privately held arms. The IVRCL shares rose by 2.7% t...
- Essel group raises stake in IVRCL to 12.27 per cent
Overtaking the promoter stake in IVRCL, Essel group has further increased holding in the infrastructure company by 2.08 per cent to 12.27 p...
IVRCL's Sudhir Reddy to resist Essel claim for board seatA close associate of Sudhir Reddy said he will not accept a scenario where the Essel group wins control of the company and he is asked to m...
- IVRCL buy a profit venture for Essel Group
Recent acquisition of a stake of 10.19% stake in IVRCL by one of the largest diversified companies Essel Group could be positive for the Es...
- IVRCL rallying support from Andhra infra companies to avert takeover by Essel
Half a dozen AP infra cos have shown solidarity with Sudhir Reddy & are willing to lend the money he could need to fend off Essel.
- Essel group acquires 10.2% in IVRCL
The Essel Group, which acquired 10.2% through secondary market transactions, said it was keen to increasing its stake.