Financial Result for the quarter ended 30th June 2018. Tata steel wants to bid afresh for Electrosteel on MAT relief. 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). Utilities shouldn’t have to choose inferior plastic pipes because iron pipe is too expensive or because of poor corrosion control options. Request you to take the same on record. The same is for information and record. Equity market was reflecting sombre mood in light of weak global cues after the US imposed tariffs on $200 billion worth of Chinese imports. 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. Get Electrosteel Steels latest news, breaking news, videos, photos, special reports, trends, top news, opinions on Electrosteel Steels at Business Standard This is to bring in your notice that the Corporate Office of the Company has been shifted from: Stocks are at record high levels. G K Tower, 2nd & 3rd Floor, 19 Camac Street, Kolkata- 700017 Vedanta had forayed into steel with takeover of Electrosteel Steels Ltd (ESL) from the NCLT last year. 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: ... Latest @Electrosteel. Electrosteel Steels Ltd. Stock/Share prices today, Electrosteel Steels Ltd. Live BSE/NSE. 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. Among the 50 stocks in the Nifty index, 16 were trading in the green, while 34 were in the red. 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 … Earlier Vedanta had acquired management control of debt-laden Electrosteel Steels. 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. Watch now | India's premier event for web professionals, goes online! Shares of Srikalahasthi Pipes (SPL) and Electrosteel Castings (ECL) tanked up to 18 per cent on the BSE in the intra-day trade on Tuesday after their respective boards on Monday approved a draft scheme of amalgamation for the merger. ... Recovery from stressed steel firms may be lower in new resolution round. New stocks continue to arrive as normal. with effect from 1st October, 2018. The Meeting of the Board of Directors commenced at 11:00 A.M. and concluded at 01:20 P.M. 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. Products comply with the many International and European Standards for conveyance of potable drinking water, raw water and wastewater. 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. 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. Electrosteel: Get Electrosteel Latest News, Videos and Photos also find Breaking news, updates, information on Electrosteel. Heavy losses in bank, financial, FMCG and oil & gas counters dragged Sensex and Nifty down. Damaged screens making you switch, facts you must know, Axis Bank, Tata Steel, NMDC among 65 stocks look set to rally, suggests MACD. 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. Plot No. Explore more on Electrosteel Steels at Dnaindia.com. All shareholders are requested to take note of it & use the new contact number for communicating with Company. Company profile page for Electrosteel Steels Ltd including stock price, company news, press releases, executives, board members, and contact information Get detailed Electrosteel Steels stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. The board of Electrosteel Steels Monday approved the proposal to delist the company, according to a regulatory filing. This may be treated as compliance with Regulation 7(3) of SEBI (Listing Obligations & Disclosure Requirements) Regulation 2015. Electrosteel Steels share price live updates on The Economic Times. The Delisting Proposal was taken on record and approved. 10, Lohanchal, Beside Sector 12, Bokaro Steel City, Bokaro Know more. These delisting prices are a fraction of even the actual face value of the shares of the company. Please note that pursuant to provisions of the Companies Act, 2013 read with Rules thereunder and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) the cut-off date for voting purpose is 22nd September, 2018. Electrosteel Steels Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. 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. Should you have any more specific requests please do not hesitate to ask any member of the team. This is for your information and records. 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. 3. 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. Explore more on Electrosteel at Dnaindia.com. 40(9) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. We currently have no plans to amend our normal delivery schedules. Electrosteel are a leading manufacturer of Ductile Iron Pipes, Fittings, and Ancillary Pipeline Products supplying around the globe. Read more on Electrosteel Steels debt. 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. 11th August, 2018. 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. The Group has successfully forayed into Steel Making with an Integrated Steel & DI Pipe Plant at Bokaro, commissioned in consultation with reputed international agencies. Explore more for Electrosteel steels breaking news, opinions, special reports and more on mint. Ltd. challenging the resolution plan of Vedanta Limited for Electrosteel Steels Limited. ESL has achieved an EBIDTA of $ 130-140 per tonne. The Eleventh (11th) Annual General Meeting (AGM) of the Members of the Electrosteel Steels Limited (the Company) was held on Saturday, 29th September, 2018 at 11.30 pm at Capitol Hill Hotel, Mahatma Gandhi Marg, Main Road, Ranchi-834001. 5. Join financial experts to secure your golden years with early planning. Latest News Electrosteel Stance on COVID-19. 1. Essar Steel is facing insolvency proceedings at the bankruptcy court with Rs 54,851 crore of claims from financial and operational creditors. Electrosteel ventured into sustainable community based CSR programme from 2007 in Bokaro and does pursue a systematic approach to address the issue of health, education, social security, livelihood opportunity and environmental … 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). T:+44 (0)1246 264 222 F:+44 (0)1246 264 224 E:sales@electrosteel.co.uk, Electrosteel Castings (UK) Ltd, Ambrose Yard, Broombank Trading Estate, Broombank Road, Chesterfield, Derbyshire S41 9QJ, Copyright © 2015 Electrosteel Casting (UK) Limited. Electrosteel Steels Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2018. Poetry at its best. +91 - 08651102477- 1021(extension). (1) Audited Financial Results of the Company for the quarter and financial year ended 31st March, 2018 and All shareholders are requested to take note of it & use the new mail id for communicating grievances. Is permanent work from home possible in India? 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. 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. ELECTROSL, BSE:533264- Keep track of all breaking news on Electrosteel Steels Ltd. from all sources at a single place. KOLKATA: Lenders to beleaguered Electrosteel Steels have urged the National Company Law Tribunal to admit insolvency proceedings against the West Bengal-headquartered company. 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. ECL (UK) Ltd - Current Corona position - 21st May 2020. 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. 6. b. We submit herewith the Notice of the Eleventh Annual General Meeting (AGM) of the Company along with the attendance slip and the proxy form. Electrosteel Steels: Get all the Latest News, Pictures, Videos and Special Report about Electrosteel Steels by mint. 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. DI Pipes and Fittings. 2. Business Continuity Planning is active and all office staff are now working remotely. ... A two-member bench also said this payment would be subject to the outcome of the petition filed by Renaissance Steel challenging … Find Electrosteel Steels news headlines, photos, videos, comments, blog posts and opinion at The Indian Express. Find Electrosteel Steel Latest News, Videos & Pictures on Electrosteel Steel and see latest updates, news, information from NDTV.COM. (2) Un-audited Financial Results for the quarter ended 30th June 2018. Never miss a great news story!Get instant notifications from Economic TimesAllowNot now. 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 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. Ltd, Registrar and Share Transfer Agent of the Company, pursuant to Regulation 7(3) of SEBI (Listing Obligations & Disclosure Requirements) Regulation 2015. 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. 5. 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. 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. Further, the new contact number of the Company for investors grievances purpose is : Electrosteel failed to repay more than Rs 13,000 crore bank loans. Get details on Electrosteel Steels Ltd. news, dividends, financial report, shareholding, company profile, annual report, quarterly results, profit and loss account, results and more. a. Un-Audited Financial Results for the quarter/half year ended 30th September, 2018 Old name of RTA: Karvy Computershare Private Limited Looking to diversify your portfolio? Electrosteel Steels net loss narrows to Rs 86 cr in Jul-Sep. PTI Feeds | October 30, 2018 9:15 PM IST. Filing complaint not easy, Xiaomi turns profitable in third year in India. You can switch off notifications anytime using browser settings. 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. Limited Review Report of the Statutory Auditors of the Company Pursuant to Regulation 33 of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015, we enclose the following: 2. Business Continuity Planning is active and all office staff are now working remotely. 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). NEWS UPDATE: “NCL Gives approval to Vedanta VSL merger with Electrosteel Steel Ltd” Vedanta Ltd. on 4th Feb, 2020 said the National Company Law Tribunal, Kolkata Bench, has approved the scheme of amalgamation of its arm Vedanta Star Ltd. with Electrosteel Steels Ltd. 3. Business | Monday December 22, 2014. 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. Explore more on Electrosteel Steel. Get the latest Electrosteel steels news, videos and headlines. Electrosteel Steels Ltd. - Latest news, views and updates Markets Today ECL (UK) Ltd - Current Corona position - 21st May 2020. Should you have any more specific requests please do not hesitate to any! 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