You can switch off notifications anytime using browser settings. This is for your information and record. Further, the new contact number of the Company for investors grievances purpose is : Electrosteel Integrated Limited, promoted by Electrosteel Castings Ltd (ECL) to setup a 2.2 MTPA Integrated Steel and Ductile Iron Spun Pipes project in Jharkhand, India. New name of RTA: Karvy Fintech Private Limited SPL shareholders will receive 59 equity shares of ECL for every 10 equity shares held in the company. Electrosteel Steels: Get all the Latest News, Pictures, Videos and Special Report about Electrosteel Steels by mint. Ltd. challenging the resolution plan of Vedanta Limited for Electrosteel Steels Limited. This is for your information and records. The improvement in operational parameters has been driven by a 26% reduction in caustic soda consumption and a 19% decline in conversion cost , an official statement said. Explore more on Electrosteel Steels at Dnaindia.com. This is to bring in your notice that the Corporate Office of the Company has been shifted from: G K Tower, 2nd & 3rd Floor, 19 Camac Street, Kolkata- 700017 (2) Un-audited Financial Results for the quarter ended 30th June 2018. 3. Electrosteel Steels Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2018. To : 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). 2. Business Continuity Planning is active and all office staff are now working remotely. +91 - 08651102477- 1021(extension). b. Mr. Binaya Kumar Dash, Company Secretary of the Company, was appointed as the Compliance Officer for the Delisting Offer and the consequential delisting of the Company from the stock exchanges, where the equity shares of the Company are listed. a. Un-Audited Financial Results for the quarter/half year ended 30th September, 2018 10, Lohanchal, Beside Sector 12, Bokaro Steel City, Bokaro Is permanent work from home possible in India? In the first phase, the capacity will be increased to 2.5 mt from 1.5 mt now, with an investment of $300 million. Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that resignation of Mr. Sunil Katial, Chief Executive Officer (Key Managerial Personnel) of the Company has been accepted with effect from the close of business hours today i.e. Electrosteel Steels Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2018. with effect from 1st October, 2018. Filing complaint not easy, Xiaomi turns profitable in third year in India. Heavy losses in bank, financial, FMCG and oil & gas counters dragged Sensex and Nifty down. The move comes at a time when the two other bidders — Tata Steel and Liberty House — are involved in a legal tussle to acquire the steel company. 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. Banks’ proprietary stock holding has almost doubled by 93%, from Rs 38,478 crore in June 2015. ... Recovery from stressed steel firms may be lower in new resolution round. 2. Latest News Electrosteel Stance on COVID-19. Electrosteel Castings Limited (ECL) is a pioneer in the production of Ductile Iron Pipes in India, with a strong presence in over 70 countries across the globe. Company profile page for Electrosteel Steels Ltd including stock price, company news, press releases, executives, board members, and contact information ETFs can be solid, low-risk options, Copper futures rise marginally on fresh bets, J&J revenues up 5% last fiscal; marginal drop in net profit: Tofler, China’s bottled water king is now richer than Warren Buffett, Jim Rogers warns of a bubble building in stock valuations, TMT bars demand to normalise by October: Electrosteel, Production to go up in Vedanta's Lanjigarh refinery, Vedanta aspires to be among top 3 steel players in India, Electrosteel Steels acquisition led to a turnaround in firm: Vedanta, Vedanta plans to raise Electrosteel capacity to 7 MT in 4 years: Anil Agarwal, Vedanta to set up 4.5 million tonne steel plant in Jharkhand, New delisting norms for IBC companies could trip punters’ bets, Electrosteel Steels shares go haywire on delisting announcement, Electrosteel Steels board approves delisting of company, Stock market update: Over 20 stocks hit 52-week highs in a weak market, Share market update: Over 15 stocks hit 52-week highs in a cautious market, Share market update: Over 15 stocks hit 52-week highs in a weak market, Share market update: Over 15 stocks hit 52-week highs in a subdued market, HDFC sells Rs 1000 crore Essar Steel loan to Edelweiss ARC, Vedanta plans to invest over Rs 56,000 crore in three years, All-clear for Vedanta to acquire Electrosteel, Revised JSW offer cheers Bhushan Power lenders. The AGM of the Company scheduled to be held on Saturday, 29th September, 2018 at 11:30 A.M. at Capitol Hill Hotel, Mahatma Gandhi Marg, Main Road, Ranchi- 834 001. 40(9) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Explore more for Electrosteel steels breaking news, opinions, special reports and more on mint. 4. In continuation of our earlier intimation dated 3rd May, 2018 and 2nd June, 2018 and pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that National Company Law Appellate Tribunal (NCLAT) vide its Judgement dated 10th August, 2018 (copy enclosed) has inter alia upheld the eligibility of Vedanta Limited under Insolvency And Bankruptcy Code, 2016 and dismissed appeals filed by Renaissance Steel India Pvt. Read more on Electrosteel Steels debt. ELECTROSL, BSE:533264- Keep track of all breaking news on Electrosteel Steels Ltd. from all sources at a single place. The 11th Annual General Meeting (AGM) of Electrosteel Steels Limited (the Company) has been duly held at Capitol Hill Hotel, Mahatma Gandhi Marg, Main Road, Ranchi-834001 on Saturday, 29th September 2018 at 11.30 A.M. Therefore the name of the Registrar & Share Transfer Agent (RTA) has been changed as under: As we begin upgrading our infrastructure to version 2.0, Electrosteel wants to make DIP more reliable, more available, more user friendly and more competitive. Domestic demand for TMT bars is at about 85% of pre-Covid levels and is inching up, said Pankaj Malhan, chief executive, Electrosteel Steels Ltd. 6. Electrosteel Steels Ltd. Stock/Share prices today, Electrosteel Steels Ltd. Live BSE/NSE. Electrosteel are a leading manufacturer of Ductile Iron Pipes, Fittings, and Ancillary Pipeline Products supplying around the globe. The Meeting of the Board of Directors commenced at 11:00 A.M. and concluded at 01:20 P.M. Know more. ... A two-member bench also said this payment would be subject to the outcome of the petition filed by Renaissance Steel challenging … (1) Audited Financial Results of the Company for the quarter and financial year ended 31st March, 2018 and 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. We would like to inform you that the Board of Directors of the Company in their Meeting held today i.e. The Trading Window as per the Insider Trading Code of the Company shall remain closed from Tuesday 23rd October, 2018 to Thursday 1st November, 2018 (both days inclusive). Serum, Bharat Biotech jointly pledge for smooth vaccine roll out, Committed to protect interest of NPS subscribers: Government, Bitcoin tops $16,000-mark! Old name of RTA: Karvy Computershare Private Limited Electrosteel Steels Ltd. - Latest news, views and updates Markets Today Explore more on Electrosteel Steel. We have no reported cases. 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. Plot No. 3. Please find enclosed the Compliance Certificate for the half year ended 30th September, 2018 signed by the Compliance Officer and the authorized representative of Karvy Computershare Pvt. Financial Result for the quarter ended 30th June 2018. The Group has successfully forayed into Steel Making with an Integrated Steel & DI Pipe Plant at Bokaro, commissioned in consultation with reputed international agencies. 1. 6. The latest move by Tata, suggesting it could raise its bid, followed a clarification issued by the Central Board of Direct Taxes (CBDT) on January 5, a day after the deadline for Electrosteel bids. We request you to take note of the same and update the name of Karvy Fintech Private Limited as the Share Transfer Agents of the Company in your records. 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. Get detailed Electrosteel Steels stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. EUSA was able to expand our Savannah location, which enabled a 30% gain in inventory capacity. This is for your information and record. Here's a word of advice for investors, Stocks in the news: HDFC, Larsen & Toubro, JSPL, Sun Pharma and SBI, Overcharged despite GST cut? The Electrosteel USA website and social media platforms were given a complete new look. Electrosteel failed to repay more than Rs 13,000 crore bank loans. Explore more on Electrosteel at Dnaindia.com. Products comply with the many International and European Standards for conveyance of potable drinking water, raw water and wastewater. You are requested to kindly take the same on record. 31st October, 2018. Business | Monday December 22, 2014. Electrosteel Steels share price live updates on The Economic Times. Get Electrosteel Steels latest news, breaking news, videos, photos, special reports, trends, top news, opinions on Electrosteel Steels at Business Standard 5. Tata steel wants to bid afresh for Electrosteel on MAT relief. ELECTROSTEEL STEELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2018 ,inter alia, to consider and approve Pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the meeting of Board of Directors will be held on Tuesday, 30th October, 2018, inter alia to consider and approve the Unaudited Financial Results for the quarter and half year ended 30th September, 2018. Earlier Vedanta had acquired management control of debt-laden Electrosteel Steels. New stocks continue to arrive as normal. Find Electrosteel Steel Latest News, Videos & Pictures on Electrosteel Steel and see latest updates, news, information from NDTV.COM. For reprint rights: Times Syndication Service, Mirae Asset Emerging Bluechip Fund Direct-Growth, Stock Analysis, IPO, Mutual Funds, Bonds & More, Board Meeting : Preferential Issue of shares. Vedanta had forayed into steel with takeover of Electrosteel Steels Ltd (ESL) from the NCLT last year. A person whose name is recorded in the Register of Members or in the Register of Beneficial Owners maintained by the Depositories as on the cut-off date shall be entitled/eligible to avail the facility of voting on the resolutions proposed in the ensuing AGM through remote e-voting and/or at the venue of the AGM. 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. 1. The Delisting Proposal was taken on record and approved. ECL (UK) Ltd - Current Corona position - 21st May 2020. ETAuto.com brings latest electrosteel steels news, ... Essar Steel is facing insolvency proceedings at the bankruptcy court with Rs 54,851 crore of claims from financial and operational creditors. 30th October, 2018 has inter alia: ... Latest @Electrosteel. 5. Electrosteel Steels net loss narrows to Rs 86 cr in Jul-Sep. PTI Feeds | October 30, 2018 9:15 PM IST. We currently have no plans to amend our normal delivery schedules. Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that resignation of Mr. Ashutosh Agarwal, Chief Financial Officer (Key Managerial Personnel) of the Company has been accepted with effect from the close of business hours today i.e. In connection with the above, please note that the Trading Window as per the Insider Trading Code of the Company shall remain closed from Tuesday 23rd October, 2018 to Thursday 1st November, 2018 (both days inclusive). Should you have any more specific requests please do not hesitate to ask any member of the team. ESL has achieved an EBIDTA of $ 130-140 per tonne. Check out why Electrosteel Steels share price is today. For more details, kindly Click here. The same is for information and record. In this regard, please find enclosed, Annual Report of the Company for the Financial Year 2017-18 pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, duly approved and adopted by the members of the Company. ELECTROSTEEL STEELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/08/2018 ,inter alia, to consider and approve Pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the meeting of Board of Directors will be held on Wednesday, 29th … 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. 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. Shares of Electrosteel Castings and Electrosteel Steel plunged on … Equity market was reflecting sombre mood in light of weak global cues after the US imposed tariffs on $200 billion worth of Chinese imports. All communication lines remain unchanged. DI Pipes and Fittings. Watch now | India's premier event for web professionals, goes online! The plant will be part of the company's newly-acquired Electrosteel Steels Ltd (ESL) at Bokaro, Vendanta Resources Chairman Anil Agarwal told reporters here. This year Vedanta had a record production in its zinc-lead-silver and aluminium businesses, he said, adding that it would further invest USD 3-4 billion in these businesses in the next 2-3 years. Join financial experts to secure your golden years with early planning. In Vedanta's latest quarterly results Electrosteel production was registered at 317 kt, up 18% and sales were up 12% while margins were $55 per tonne, stock exchange filings said. Information on Electrosteel pursuant to Reg position - 21st May 2020 Videos & Photos of Electrosteel stock. And headlines to repay more than Rs 13,000 crore bank loans ( Listing &! More specific requests please do not hesitate to ask any member of the Company normal delivery schedules updates the. 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