Who is owner of electrosteel?

You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Electrosteel Castings Ltd….PREMARKET.

Sunil Katial WholeTime Director & CEO
Uddhav Kejriwal Whole Time Director
Umang Kejriwal Managing Director
Vyas Mitre Ralli Director

What will happen to electrosteel shareholders?

Once the stock is delisted, the company will offer an exit mechanism in which it will buyback the shares from the shareholders. The buyback window will be open for a period of 365 days. So, you can either choose to: Sell your shares to the company at a price of Rs,9.54.

Where is Vedanta Limited in Jharkhand?

ESL, an Integrated Steel Producer, was incorporated in 2006 as a Public Limited Company with operations in Bokaro, Jharkhand, India. The company has set up a green field integrated manufacturing facility, which is currently commissioned at a capacity of 1.5 MT per annum.

What is ESL Vedanta?

Vedanta forayed into the steel business through acquisition of 90% stake in ESL Steel Limited (ESL). In June 2018, Vedanta Limited acquired the management control of ESL through the Corporate Insolvency Resolution Process initiated for addressing resolution of non-performing assets of the Indian banking system.

Who is CEO of ESL India?

Mr. Vhatte has been appointed as Chief Executive Officer and Whole Time Director of ESL Steel Limited w.e.f. 10th May, 2021. Mr. Vhatte holds Diploma in Electrical Engineering (DEE) from Govt. Polytechnic Maharashtra, Graduation in Elect.

Who is Umang Kejriwal?

Umang Kejriwal, Non Executive and Non Independent Director, Electrosteel Integrated Ltd., a commerce graduate from Calcutta University. Mr. Kejriwal has 37 years’ experience in steel & pipe manufacturing industry.

When did Vedanta acquire electrosteel?

June 2018
In June 2018, Vedanta acquired a 90% stake in ESL, a primary producer of steel and downstream value-added products. The business was acquired under the Insolvency and Bankruptcy Code (IBC) 2016, in line with the Resolution Plan approved by Honourable National Company Law Tribunal (NCLT), Kolkata.