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Board of Electrosteel Steels allots 176.55 crore equity shares to Vedanta Star

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Capital Market
Last Updated : Jun 16 2018 | 9:50 AM IST

At meeting heldon 15 June 2018

The Board of Electrosteel Steels at its meeting held on 15 June 2018 has allotted 176,55,06,078 fully paid up equity shares of Rs 10 each of the Company to Vedanta Star ('VSL') on preferential basis.

Pursuant the aforementioned allotment, VSL holds 90% of the paid up share capital of the Company.

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First Published: Jun 16 2018 | 9:25 AM IST

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