Essar Steel - Ruias May Lose Control

new post

August 24, 2017

Tata Steel in Race For Essar Steel

for more

http://www.rareindianshares.info/2017/08/tata-steel-in-race-for-essar-steel.html

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Essar Steel Limited through at the Reverse Book Building process in 2007 delisted from the Stock Exchanges at the " discovered Price " of Rs. 48.

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Ruia family may lose control over its crown jewel Essar Steel

more /source

http://economictimes.indiatimes.com/industry/indl-goods/svs/steel/ruia-family-may-lose-control-over-its-crown-jewel-essar-steel/articleshow/56723833.cms

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Please , also ,Click :-

http://www.thehindubusinessline.com/companies/we-will-repay-50000-cr-to-indian-banks-essar-group-director/article9827115.ece

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old posts

September 21, 2010

Essar Steel Limited

Incorporated in 1976 as Essar Gujarat Limited , Essar Steel Limited belongs to the renowned ESSAR Group of S + R ( Shashi + Ravi Ruia Brothers )

Registered Office :-

Hazira- 394270

RTA :-

Data Software Research Co. Pvt. Limited ,
Chennai-.600024

Chairman : SN Ruia
Director Marketing : Vikram Amin
Director Operations :Dilip Oommen
director Finance ; Mahadev Iyer
Directors 
PS Ruia
RR Ruia 
SV Venkatesan
Jatinder Mehra
VG Raghavan
Malay Mukherjee
KV Krishnamurthy
Jatinder Balakrishnan

Company Secretary 
Narottam B Vyas

Operations 

Essar Steel Limited operates an integrated steel plant ( 4.6 MTPA ) in Hazira (Gujarat ). ;
Ore benefication plant ( 8 MTPA ) at Kirandul and Pelletisation at Vizag
precoated facility at Pune .

Further , large expansions are under way at Hazira and Orissa plant

Essar Steel Limited through at the Reverse Book Building process in 2007 delisted from the Stock Exchanges at the " discovered Price " of Rs. 48.

http://www.suchetadalal.com/?id=175202d7-a5ce-be2f-492fe1477460&base=sub_sections_content&f&t=Essar%27s+Delisted+Saga

Presently , Essar Steel Holdings Limited ( which in turn is a subsidiary of Essar Global Limited -Cayman Island -the ultimate holding Company ) is the holding company of Essar Steel Limited.

Financials ( 31-03-2010 )

Share Capital : Rs.1184 cr
Share Capital ( to be allotted on amalgamation )Rs 1073 cr
Reserves : Rs. 6834 cr.

Amalgamations

Essar Steel ( Hazira ) Limited ;
Hazira Plate Limited 
Hazira Pipe Mil Limited and
Essar Steel Orissa Limited 

have been amalgamated with Essar Steel Limited 


( 2009-2010 )

Sales : Rs. 10,893 cr
Gross Profit : Rs.1764 cr
Net Profit :Rs. 22 cr
Dividend : Nil

Status : Delisted and Illiquid

http://www.essar.com/

http://www.financialexpress.com/news/essar-steel-to-raise-r3000cr-convertible-debt/1038786 

http://www.rareindianshares.info/2013/04/essar-steel-major-debt-refinance.html
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March 26, 2016

Essar Steel - SBI Warns of Management Change

http://economictimes.indiatimes.com/industry/indl-goods/svs/steel/sbi-to-essar-steel-pay-up-or-face-management-change/articleshow/51544397.cms?utm_source=COLUMBIA&utm_medium=COLUMBIA&utm_campaign=COLUMBIA

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March 29, 2016

Essar Steel-Ruias to Bring More Funds and Strategic Investor

http://www.moneycontrol.com/news/business/ruias-assure-banksfund-infusionessar-steel_6041121.html

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OLD POST

March 26, 2016

Essar Steel - SBI Warns of Management Change

http://economictimes.indiatimes.com/industry/indl-goods/svs/steel/sbi-to-essar-steel-pay-up-or-face-management-change/articleshow/51544397.cms?utm_source=COLUMBIA&utm_medium=COLUMBIA&utm_campaign=COLUMBIA

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Essar Steel Limited through at the Reverse Book Building process in 2007 delisted from the Stock Exchanges at the " discovered Price " of Rs. 48.

http://www.rareindianshares.info/2010/09/essar-steel-limited.html

.

March 26, 2016

Essar Steel - SBI Warns of Management Change

http://economictimes.indiatimes.com/industry/indl-goods/svs/steel/sbi-to-essar-steel-pay-up-or-face-management-change/articleshow/51544397.cms?utm_source=COLUMBIA&utm_medium=COLUMBIA&utm_campaign=COLUMBIA

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Essar Steel Limited through at the Reverse Book Building process in 2007 delisted from the Stock Exchanges at the " discovered Price " of Rs. 48.

http://www.rareindianshares.info/2010/09/essar-steel-limited.html

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http://www.rareindianshares.info/2016/03/essar-steel-ruias-to-bring-more-funds.html



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