NEWS UPDATE: “NCL Gives approval to Vedanta VSL merger with Electrosteel Steel Ltd” Vedanta Ltd. on 4th Feb, 2020 said the National Company Law Tribunal, Kolkata Bench, has approved the scheme of amalgamation of its arm Vedanta Star Ltd. with Electrosteel Steels Ltd. ESL has achieved an EBIDTA of $ 130-140 per tonne. This is for your information and records. The move comes at a time when the two other bidders — Tata Steel and Liberty House — are involved in a legal tussle to acquire the steel company. Should you have any more specific requests please do not hesitate to ask any member of the team. Ltd, Registrar and Share Transfer Agent of the Company, pursuant to Regulation 7(3) of SEBI (Listing Obligations & Disclosure Requirements) Regulation 2015. The Eleventh (11th) Annual General Meeting (AGM) of the Members of the Electrosteel Steels Limited (the Company) was held on Saturday, 29th September, 2018 at 11.30 pm at Capitol Hill Hotel, Mahatma Gandhi Marg, Main Road, Ranchi-834001. This is to bring your notice that designated mail id to address investors grievances of the Company eil.investors@electrosteel.com has been changed to esl.shares@vedanta.co.in. Electrosteel failed to repay more than Rs 13,000 crore bank loans. Gains in Infosys, Axis Bank, Mahindra & Mahindra and State Bank of India were offset by losses in ITC, HDFC twins and Hindustan Unilever. 6. Please note that pursuant to provisions of the Companies Act, 2013 read with Rules thereunder and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) the cut-off date for voting purpose is 22nd September, 2018. In connection with the above, please note that the Trading Window as per the Insider Trading Code of the Company shall remain closed from Friday 24th August, 2018 to Friday 31st August, 2018 (both days inclusive). Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that resignation of Mr. Sunil Katial, Chief Executive Officer (Key Managerial Personnel) of the Company has been accepted with effect from the close of business hours today i.e. Earlier Vedanta had acquired management control of debt-laden Electrosteel Steels. As we begin upgrading our infrastructure to version 2.0, Electrosteel wants to make DIP more reliable, more available, more user friendly and more competitive. 1. The Delisting Proposal was taken on record and approved. ... Latest @Electrosteel. In the first phase, the capacity will be increased to 2.5 mt from 1.5 mt now, with an investment of $300 million. ECL (UK) Ltd - Current Corona position - 21st May 2020. Electrosteel Steels: Get Electrosteel Steels Latest News, Videos and Photos also find Breaking news, updates, information on Electrosteel Steels. ELECTROSL, BSE:533264- Keep track of all breaking news on Electrosteel Steels Ltd. from all sources at a single place. Join financial experts to secure your golden years with early planning. ELECTROSTEEL STEELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2018 ,inter alia, to consider and approve Pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the meeting of Board of Directors will be held on Tuesday, 30th October, 2018, inter alia to consider and approve the Unaudited Financial Results for the quarter and half year ended 30th September, 2018. Pursuant to Regulation 33 of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015, we enclose the following: The Electrosteel USA website and social media platforms were given a complete new look. 2. Business Continuity Planning is active and all office staff are now working remotely. +91 - 08651102477- 1021(extension). All communication lines remain unchanged. Electrosteel Steels Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. We would like to inform you that the Board of Directors of the Company in their Meeting held today i.e. This is to inform you that the meeting of the Board of Directors of the Company was held today, September 24, 2108, wherein the proposal to delist the equity shares of the company (Delisting Proposal) was considered and inter alia the following decisions were taken: DI Pipes and Fittings. In this regard, please find enclosed, Annual Report of the Company for the Financial Year 2017-18 pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, duly approved and adopted by the members of the Company. Get details on Electrosteel Steels Ltd. news, dividends, financial report, shareholding, company profile, annual report, quarterly results, profit and loss account, results and more. Serum, Bharat Biotech jointly pledge for smooth vaccine roll out, Committed to protect interest of NPS subscribers: Government, Bitcoin tops $16,000-mark! Poetry at its best. G K Tower, 2nd & 3rd Floor, 19 Camac Street, Kolkata- 700017 Business | Monday December 22, 2014. ... Recovery from stressed steel firms may be lower in new resolution round. ... A two-member bench also said this payment would be subject to the outcome of the petition filed by Renaissance Steel challenging … Among the 50 stocks in the Nifty index, 16 were trading in the green, while 34 were in the red. Filing complaint not easy, Xiaomi turns profitable in third year in India. The delisting proposal was taken on record and approved, in the meeting of the board of directors held today, the company said in a BSE filing. 2. Business Continuity Planning is active and all office staff are now working remotely. Approved the Un-audited Financial Results of the Company for the quarter/half year ended 30th September, 2018. Please find enclosed the Compliance Certificate for the half year ended 30th September, 2018, from Practicing Company Secretary, pursuant to Reg. The 11th Annual General Meeting (AGM) of Electrosteel Steels Limited (the Company) has been duly held at Capitol Hill Hotel, Mahatma Gandhi Marg, Main Road, Ranchi-834001 on Saturday, 29th September 2018 at 11.30 A.M. Essar Steel is facing insolvency proceedings at the bankruptcy court with Rs 54,851 crore of claims from financial and operational creditors. For reprint rights: Times Syndication Service, Mirae Asset Emerging Bluechip Fund Direct-Growth, Stock Analysis, IPO, Mutual Funds, Bonds & More, Board Meeting : Preferential Issue of shares. In connection with the above, please note that the Trading Window as per the Insider Trading Code of the Company shall remain closed from Tuesday 23rd October, 2018 to Thursday 1st November, 2018 (both days inclusive). Electrosteel Steels Latest breaking news, pictures, photos and Video News. 11th August, 2018. Explore more on Electrosteel Steels at Dnaindia.com. Get Electrosteel Steels latest news, breaking news, videos, photos, special reports, trends, top news, opinions on Electrosteel Steels at Business Standard We have no reported cases. ECL has obtained mining blocks of iron ore and coking coal in the state of Jharkhand and has set up EIL for implementing the integrated steel and DI pipe plant. This may be treated as compliance with Regulation 7(3) of SEBI (Listing Obligations & Disclosure Requirements) Regulation 2015. Electrosteel Steels Ltd. - Latest news, views and updates Markets Today Therefore the name of the Registrar & Share Transfer Agent (RTA) has been changed as under: New stocks continue to arrive as normal. In continuation of our earlier intimation dated 3rd May, 2018 and 2nd June, 2018 and pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that National Company Law Appellate Tribunal (NCLAT) vide its Judgement dated 10th August, 2018 (copy enclosed) has inter alia upheld the eligibility of Vedanta Limited under Insolvency And Bankruptcy Code, 2016 and dismissed appeals filed by Renaissance Steel India Pvt. Banks’ proprietary stock holding has almost doubled by 93%, from Rs 38,478 crore in June 2015. Plot No. The AGM of the Company scheduled to be held on Saturday, 29th September, 2018 at 11:30 A.M. at Capitol Hill Hotel, Mahatma Gandhi Marg, Main Road, Ranchi- 834 001. 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