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UTTAM GALVA METALLICS
NCLT approves resolution plan for stressed companies of Uttam GalvaBids were submitted by CarVal Investors and Nithiya Capital Resources Advisors. The resolution plans involve settlement to financial credit...08 May, 2020, 10.39 AM IST- Uttam Galva counters Deutsche’s $20-million recovery plea at NCLTUttam Galva has raised two contentions opposing the petition — one, that the debt was time-barred and the other, that the loan agreement wa...22 Jan, 2020, 08.36 AM IST
- 20 days more for resolution of Uttam GalvaThe 270-day resolution deadline for the companies is to expire this Wednesday, with lenders still to take a final call on the two bids that...01 Apr, 2019, 11.25 PM IST
- Uttam Value Steels & Galva Metallics get new bids from CarVal consortiumCarVal Investors, the investment arm of US-based agri group Cargill, has bid for the assets along with Asset Reconstruction Company (India)...23 Mar, 2019, 06.48 AM IST
- SSG Capital Management-New Zone consortium bids for Uttam Value, Galva MetallicsSSG Capital Management, founded by ex-Lehman Brothers executives, has bid for the twin assets together with Synergy Metals and Mining Fund ...25 Jan, 2019, 07.44 AM IST
- Sarda Energy may bid with SSG for 2 units of Uttam Galva SteelsThe flagship company of the Sarda Group of Industries, SEM is a listed steel producer based in Raipur, Chhattisgarh, specialising in making...20 Dec, 2018, 06.49 AM IST
- List of resolution applicants for Uttam Value, Uttam Galva metallics growsAPL Apollo had also submitted an EoI for Uttam Value Steels alone but was not identified as an eligible resolution applicant.31 Oct, 2018, 07.54 AM IST
- JSW Steel, 3 others eye Uttam Galva companiesAPL Apollo, meanwhile, has shown interest in buying Uttam Value Steels.12 Oct, 2018, 10.26 AM IST
- Banks led by SBI had asked ArcelorMittal to clear dues of two firms: NuMetal to SCA bench of Justices R F Nariman and Indu Malhotra took note of the submissions with a word of caution saying the charges and counter-charge...19 Sep, 2018, 09.51 PM IST
- SC asks Numetal to establish subterfuge charge against ArcelorMittal in divesting sharesNuMetal accused steel and mining major ArcelorMittal of cheating Indian banks of Rs 7,000 crore.18 Sep, 2018, 09.38 PM IST
- Lenders set to name PwC as admin for Uttam companiesUttam Galva Metallics has outstanding dues of Rs 9,500 crore.05 Jan, 2018, 10.46 AM IST
- Tribunals dismiss Macquarie Bank's insolvency petition against Uttam Galva MetallicsIn an order dated July 17, NCLAT said that Macquarie Bank had no office in India, nor any account with any of the local banks or financial ...30 Jul, 2017, 12.43 PM IST
- SBI led banks' consortium launches probe into suspected financial irregularities at Uttam Galva SteelsThe probe may impact discussions that the company’s promoters, the Miglani family, are having with Aion Capital as well as China’s Tidfore ...01 Mar, 2017, 01.28 AM IST
- Uttam Galva Metallic, Posco sign tech pact for Wardha plantUttam Galva Metallic today said it has signed an agreement with the South Korean alloy major Posco to deploy new technologies at its Wardha...22 Dec, 2015, 07.13 PM IST
- Uttam Galva acquires Lloyds Steel, to invest Rs 380 crore moreUttam Galva group has acquired majority stake of about 58.35% in ailing Lloyds Steel and plans to invest additional Rs 380 crore.19 Nov, 2012, 08.40 AM IST
- ArcelorMittal-Uttam to set up plant in MaharashtraMetal giant ArcelorMittal is going to set up a greenfield steel plant with Uttam Galva in Sindhudurg, Maharashtra, sources said.01 Jul, 2010, 07.11 PM IST
- Miglanis keep Metallics out of Arcelor-Uttam dealThe Miglanis have kept Uttam Galva Metallics, which houses the pig iron facility in Wardha, Maharashtra, out of the deal with Arcelor-Mitta...11 Sep, 2009, 05.39 AM IST
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