Electrosteel Steels
Working with authorities to restart Tuticorin plant, says Vedanta
In April, the Tamil Nadu pollution control board rejected Sterlite's plea to renew the Consent To Operate.
NSE imposes Rs 1 crore penalty on Electrosteel Steels
The penalty was imposed for non-compliance with Regulation 33 of the LODR Regulations.
Electrosteel allots shares worth Rs 7,400 crore to lenders
The company had yesterday spelled out steps to be taken for completion of its takeover by Vedanta Star Ltd.
Vedanta deposits Rs 5,320 cr in Electrosteel Steels escrow account
The company has acquired control over ESL and a new board of directors has been put in place.
Vedanta asks NCLAT to lift stay over Electrosteel sale status quo
Renaissance has submitted before NCLAT that Vedanta is not eligible to bid for Electrosteel under section 29 A.
Lenders to get 7.6 pc in Electrosteel after Vedanta takeover
Company officials said the shareholder approval and the legal challenge are two separate things which can go parallelly.
Vedanta's acquisition of Electrosteel credit positive: Moody's
The move would augment the former's business profile and revenue generation.
NCLT okays Electrosteel’s Resolution plan
The Reserve Bank in 2017 to get resolved under the Insolvency and Bankruptcy Code.
SBI files insolvency against Electrosteel at NCLT
The move comes amid SBI and other lenders starting insolvency proceedings against the 12 bad loan accounts identified by RBI.Â