NCLAT allows Vedanta to make upfront payment of Rs 5,320 cr for Electrosteel
A two-member bench also said this payment would be subject to the outcome of the petition filed by Renaissance Steel challenging Vedanta's bid.
May 30, 2018, 15:19 PM IST
SBI moves NCLT, files insolvency against Electrosteel
SBI has initiated insolvency proceedings before NCLT against Kolkata- based Electrosteel Steels to recover Rs 10,000 crore in loans as bankers tighten screws on big corporate defaulters.
Jun 29, 2017, 15:32 PM IST
Tata Group shows interest to invest in Electrosteel Steels
Reacting to the news, shares of the firm breached the upper circuit. The shares were trading higher by 11.42 percent at Rs 4.20 apiece on BSE in afternoon trade.
Jun 11, 2015, 15:16 PM IST
Vedanta eyeing minority stake in Electrosteel Steels
"There has been initial talks in this matter between Vedanta and Electorsteel, however nothing is finalised yet," a person privy to the matter said.
Apr 26, 2015, 10:49 AM IST
