NCLAT dismisses Jindal Stainless plea over Mittal Corp, asks to approach NCLTA two-member NCLAT bench observed the lenders of Mittal Corp were "empowered to issue fresh RFRP" when none of the resolution plans had bee...
30 Mar, 2023, 08.02 PM IST
Phoenix ARC may sell Mittal Corp to Shyam SelPhoenix ARC is the largest debtholder after bank lenders sold their loans at a Swiss challenge auction for ₹405 crore last October. The loa...
03 Mar, 2023, 12.22 AM IST
NCLAT sets aside NCLT order allowing Shyam Sel to submit a revised bid for Mittal CorpSoon after the voting commenced, Shyam SEL approached the NCLT, seeking direction that Resolution Professional to consider the revised offe...
18 Jan, 2023, 07.58 PM IST
NARCL declines to match Phoenix ARC's bid for Mittal CorpPhoenix's offer was 78% higher than the ₹228 crore from NARCL, and more importantly, it was on a full cash basis in contrast with the 85% s...
02 Nov, 2022, 06.29 AM IST
Phoenix ARC makes highest offer of Rs 405 crore for Mittal Corp under Swiss auctionPhoenix ARC gave a Rs 405 crore bid for the bankrupt steel maker, against the anchor offer of Rs 228 crore from National Asset Reconstructi...
28 Oct, 2022, 10.55 PM IST
NARCL gets going with its first offerNARCL has offered ₹228 crore for Mittal Corp debt held by public sector banks (PSBs) totalling ₹1,414.5 crore, people aware of the developm...
04 Oct, 2022, 05.10 AM IST
Bidders for Mittal Corp challenge NCLT move to halt voting on plansJindal Stainless and Rimjhim Ispat have approached the National Company Law Appellate Tribunal (NCLAT) challenging the NCLT decision to per...
14 Sep, 2022, 11.11 AM IST
Shyam Metalics plans to invest Rs 850cr in FY22, ropes in Salman Khan for TMT bar promotionThe company is foraying into manufacturing of aluminium foil for the packaging industry with Rs 300 crore capital expenditure (capex), an o...
27 Sep, 2021, 07.38 PM IST
Shyam Metalics IPO subscribed 121.4 times on final dayThe IPO comprises an offer for sale of up to Rs 252 crore and fresh issuance of shares worth up to Rs 657 crore.
16 Jun, 2021, 05.30 PM IST
Shyam Metalics IPO subscribed 3.65 times on Day 2The company is selling its shares in the fixed price band of Rs 303-306 under the IPO.
15 Jun, 2021, 05.50 PM IST
Shyam Metalics IPO opens on June 14: All you need to knowThe producer of long steel products is looking to raise about Rs 909 crore from a mix of fresh issue and offer for sale.
10 Jun, 2021, 12.52 PM IST
Shyam Metalics fixes IPO price band at Rs 303-306, issue to open on June 14The issue comprises fresh issuance of shares, aggregating up to Rs 657 crore, and an offer for sale of up to Rs 252 crore by existing share...
08 Jun, 2021, 01.31 PM IST
Shyam Metalics' Rs 1,107 cr IPO to open on Jun 14: ReportShyam Metalics and Energy, which filed preliminary IPO papers with capital markets regulator Sebi in February, received its go-ahead on May...
05 Jun, 2021, 06.20 PM IST
Kolkata-based Shyam Metalics receives Sebi nod for Rs 1,107 crore IPOThe company had filed its draft red herring prospectus (DRHP) on February 27, 2021, with the market regulator.
17 May, 2021, 06.56 PM IST
Shyam Metalics and Energy refiles for Rs 1,107 crore IPOShyam Metalics tried to tap the capital markets in 2018 and received Sebi's nod in early 2019. But the company deferred its plans to list o...
01 Mar, 2021, 04.41 PM IST
Allegation of threats to Shyam-Sel's officials false propaganda: Mamata Banerjee"This is not the real case. I still feel our government is very transparent unlike the CPI(M) and there are numerous examples to prove that...
19 Jul, 2014, 09.00 PM IST
- Shyam Group to commission first phase of steel project
City-based Shyam Group today said despite economic downturn they would go ahead with the setting up of their greefield integrated steel and...
09 Dec, 2008, 06.45 PM IST