Electrosteel Steels

Bidders seek clarity on ESL Steels' environmental clearance from Vedanta

Vedanta bought the firm under IBC in 2018 and recently put on the block, as it wanted to focus on its core business; bidders' current issue is with plant site in Jharkhand

Considering options on Electrosteel: Vedanta Resources' Anil Agarwal

"But it has to have world-class capacity, and cannot be a small plant. We have a capacity of about 3 million tonnes (mt)... we are contemplating. We have to take it to 15-20 mt"

ESL Steel capacity expansion by next year: Vedanta's Sunil Duggal

Mining giant says priority is to finish doubling capacity of company it acquired in June 2018

Stressed steel plants acquired via IBC seeing faster turnaround: CRISIL

The steel plants acquired via IBC process include Bhushan Steel, Essar Steel, Electrosteel Steels, Monnet Ispat & Energy Ltd and Bhushan Power & Steel

Vedanta's Anil Agarwal, Centricus team up for turnaround investment fund

The fund will also target companies restructuring under India's bankruptcy regime, the people said

From moulding markets to changing mindset, how Vedanta revived Electrosteel

The second of a four-part series on IBC takes a look at how Vedanta restored faith of suppliers and customers and updated products to turn around the stressed plant

Electrosteel in expansion mode, eyes 10 mt capacity in 5-6 years

Electrosteel had a planned capacity of 2.5 mt, but the commissioned capacity was 1.5 mt

Electrosteel Steels fined Rs 10 mn for non-compliance of disclosure norms

As per regulatory norms, the company was obligated to submit its audited financial results for quarter and year ended March 31, 2018, within 60 days that is by May 30, 2018

Electrosteel Steels allots equity shares worth Rs 74 billion to lenders

In March, Vedanta was declared as successful resolution applicant by committee of creditors for Electrosteel Steels

Electrosteel Steels seeks exemption from Sebi for filing Q4, FY18 results

Earlier this month, NCLAT admitted the petition of Renaissance Steel challenging Vedanta's bid for debt-ridden Electrosteel

Lenders to get 7.6% stake in Electrosteel Steels after Vedanta takeover

Electrosteel acquisition would complement the Group's existing iron ore business, which comprises mining operations in Karnataka and Goa and a pig iron plant in Goa

Insolvency proceedings: Tribunal seeks Electrosteel Steels bid details

Apart from Vedanta, Tata Steel, Renaissance Steel, Edelweiss Asset Reconstruction had also submitted resolution plans

Electrosteel Steels goes to Vedanta, first of 12 IBC cases resolved

The value of the bid is Rs 53.20 bn, against admitted claims worth Rs 133 bn

Insolvency resolution: Tatas, Vedanta defend bids for Electrosteel

An independent assessment of Tata Steel and Vedanta 's eligibility was done and they were found to be eligible

Electrosteel may see a higher revision in bids from all four companies

The four companies who had bid for Electrosteel Steels - Vedanta, Tata Steel, Edelweiss and Renaissance Steel India

NCLT admits SBI's insolvency petition against Electrosteel Steels

A PwC partner has been appointed as the interim resolution professional for the company

Electrosteel Steels hits 52-week high on Jindal Drilling stake buys

Jindal Drilling bought 9.16 million shares of Electrosteel Steels at Rs 4.1 per share on the NSE via block deal