Essar Steel-Old-2015-16 Annual Report

NB : This is 2015-16 Annual Report

http://www.essar.com/upload/pdf/EssarSteel_AR_2015_16.pdf

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old posts

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

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



General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking an investment decision.No responsibility with this blog / blog writer

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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General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking an investment decision.No responsibility with this blog / blog writer

August 24, 2017

Essar Steel's Control-Tata Steel in Race

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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http://economictimes.indiatimes.com/industry/indl-goods/svs/steel/tatas-eye-essar-steel-to-regain-steel-crown/articleshow/60199720.cms

http://www.financialexpress.com/market/tata-steel-posco-express-interest-in-buying-essar-steel/821147/

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 It appears some shares of Essar Steel are available for Sale / Purchase with Share Dealers of Unlisted Shares / Rare Indian Shares ( PLEASE RECHECK THIS )

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old post

August 23, 2017

Essar Group-Latest Developments

Please Click :-

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

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for more on

Essar Steel

http://www.rareindianshares.info/search?q=essar+steel+limited

Essar Oil

http://www.rareindianshares.info/2017/08/essar-oil-shareholders-should-get-more.html

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Please do not take any investment decision based on the above stated facts / news.

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General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has  holdings in these Companies, so please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer

June 19, 2017

Essar Steel, and Other NPA Shares- Guidance to Investors

http://www.moneycontrol.com/news/business/markets-business/got-essar-amtek-or-other-stocks-from-rbis-npa-list-heres-what-you-should-do-2306933.html

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http://www.rareindianshares.info/2017/06/list-of-12-big-loan-dafaulters-npa.html


http://www.livemint.com/Industry/urVCzaCYZvF0BnWeFQPsZP/Banks-may-have-to-take-60-haircut-on-12-largest-NPAs-Crisi.html

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Blog : It appears some shares of Essar Steel are available for Sale / Purchase with Share Dealers of Unlisted Shares / Rare Indian shares ( Please Recheck )