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UTTAM STEEL
DRDO to showcase Pralay, BrahMos missiles, other advance defence systems at Bihar exhibitionThe exhibition is being organised by the Defence Research and Development Organisation (DRDO) at the Mahatma Gandhi Prekshagrih in Motihari...- Deutsche Moves to block ArcelorMittal's takeover of Uttam GalvaArcelorMittal's resolution plan, which was submitted by Uttam Galva's resolution professional in June 2021, is pending before the bankruptc...
- Nithia Capital and CarVal Investors complete acquisition of stressed assets of Uttam Group for ₹2,000 croreOn May 6th of 2020, a monitoring agency was formed, in which successful resolution applicants Nithia and CarVal along with two members from...
- Metal giants in race for Uttam GalvaMittal has the highest exposure to Uttam Galva’s liabilities of Rs 9,742 crore, followed by other financial and operational creditors.
- 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...
- ArcelorMittal deploys team to oversee Uttam Galva operationsArcelorMittal, the world’s largest steelmaker, became the sole financial creditor of Uttam Galva after paying off outstanding dues of about...
- ArcelorMittal looks to buy ownership of Uttam GalvaUttam Galva owed lenders Rs 6,880 crore as of September last year. AM had acquired 29.05% of Uttam Galva's stake in 2009 and has since been...
- JSW Steel, 3 others eye Uttam Galva companiesAPL Apollo, meanwhile, has shown interest in buying Uttam Value Steels.
- SBI’s casual approach in giving loans to Uttam Steels criticisedA resolution plan was also submitted in October last year.
- Uttam Galva shares soar 8% on joint venture with PoscoFollowing this, the stock jumped 7.93 per cent to settle at Rs 40.85 on the BSE. In intra-day, it soared 17.3 per cent to Rs 44.40.
- POSCO signs deal with Shree Uttam Steel and Power to set up steel plant in MaharashtraPOSCO has signed an agreement with India's Uttam Steel and Power to set up a 3 million tonne-per-year integrated steel plant.
- Shree Uttam Steel & Power signs MoU for Rs 11,156 crore project in MaharashtraShree Uttam Steel and Power Ltd (SUSPL) has signed a MoU with the government of Maharashtra for setting up a steel manufacturing facility.
- Shree Uttam Steel merger with Uttam Galva gets CCI nodCCI cleared Shree Uttam Steel and Power's proposed merger with Uttam Galva Steels, co-promoted by Miglani family and ArcelorMittal.
- Lloyds Steel renamed as Uttam Value SteelsAfter acquiring majority stake in Lloyds Steel, Uttam Galva today said it has got necessary approvals to rename the entity as Uttam Value S...
- Lloyds Steel to be renamed as Uttam Value SteelsLoss-making Lloyds Steel, in which Uttam Galva group had acquired 58.35 per cent stake in December, has decided to rename itself as Uttam V...
- 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.
- Uttam Galva Q1 net profit up 12.53 pc to Rs 10.24 crUttam Galva Steels today reported a rise of 12.53 per cent in net profit to Rs 10.24 crore for the quarter ended June 30, 2012, despite inc...
- ArcelorMittal begins work on JV planArcelorMittal, the world’s largest steel company by capacity, is in the preliminary stages of building its first greenfield steel plant in ...
- ArcelorMittal, Uttam Galva may jointly build Rs 15,000cr plantThe world's largest steel maker ArcelorMittal is understood to be jointly working with its domestic partner Uttam Galva for setting up a Rs...
- 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.
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