Explore more for Electrosteel steels breaking news, opinions, special reports and more on mint. Stocks are at record high levels. Please find enclosed the Compliance Certificate for the half year ended 30th September, 2018, from Practicing Company Secretary, pursuant to Reg. 10, Lohanchal, Beside Sector 12, Bokaro Steel City, Bokaro Business | Monday December 22, 2014. May, 2020. 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: Further, the new contact number of the Company for investors grievances purpose is : MUMBAI/KOLKATA: Promoters of Electrosteel Steels, at risk of losing the company to banks after defaulting on Rs 10,000 crore in loans, have asked lenders to reschedule of the loans and halt the process of taking control as higher steel prices in the past few months has helped them report net profit in the fourth quarter for the first time in five years. These delisting prices are a fraction of even the actual face value of the shares of the company. Check out why Electrosteel Steels share price is today. In this regard, pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Proceedings of the 11th (Eleventh) Annual General Meeting (AGM) of the Company. 2. Business Continuity Planning is active and all office staff are now working remotely. The Group has successfully forayed into Steel Making with an Integrated Steel & DI Pipe Plant at Bokaro, commissioned in consultation with reputed international agencies. Electrosteel Steels debt: Read Electrosteel Steels debt Latest News also find Videos, Photos and information about Electrosteel Steels debt from ZeeBiz.COM. The Meeting of the Board of Directors commenced at 11:00 A.M. and concluded at 01:20 P.M. Watch now | India's premier event for web professionals, goes online! 2. Get details on Electrosteel Steels Ltd. news, dividends, financial report, shareholding, company profile, annual report, quarterly results, profit and loss account, results and more. Earlier Vedanta had acquired management control of debt-laden Electrosteel Steels. 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). 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. Vedanta had forayed into steel with takeover of Electrosteel Steels Ltd (ESL) from the NCLT last year. 3. In May of 2019, employees and customers had the opportunity to visit the Electrosteel Castings facility in Kolkata, Indian to experience firsthand the manufacturing process of ductile iron pipe and fittings. The Electrosteel USA website and social media platforms were given a complete new look. Electrosteel Steels net loss narrows to Rs 86 cr in Jul-Sep. PTI Feeds | October 30, 2018 9:15 PM IST. Get Electrosteel Steels latest news, breaking news, videos, photos, special reports, trends, top news, opinions on Electrosteel Steels at Business Standard For more details, kindly Click here, Rupee settles 15 paise lower at 73.17 against US dollar, Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. KOLKATA: Lenders to beleaguered Electrosteel Steels have urged the National Company Law Tribunal to admit insolvency proceedings against the West Bengal-headquartered company. 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. 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. You are requested to kindly take the same on record. The Company has been informed that pursuant to Order of the Hyderabad Bench of theNational Company Law Tribunal (NCLT Order), the operations of Karvy Computershare Private Limited, the Share Transfer Agents of the Company (KCPL) have been transferred to Karvy Fintech Private Limited (Karvy Fintech) with effect from 17th November, 2018. A regulatory filing by 93 %, from Rs 38,478 crore in 2015. Videos and Photos also electrosteel steel latest news breaking news, updates, information on Electrosteel shares... Counters dragged Sensex and Nifty down TimesAllowNot now bank loans the bankruptcy court with Rs 54,851 of..., raw water and wastewater Steels news, pictures, Photos and Video news a 30 gain. 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