Monday, 2 April 2018

RP submits Vedanta offer for Electrosteel to NCLT


The Resolution Professional (RP) today submitted the Anil Agarwal group-owned Vedanta Ltd offer for bankrupt Electrosteel Steels Ltd before the Kolkata bench of National Company Law Tribunal (NCLT) for approval. According to reports, Vedanta's offer is around Rs 4,500-5,000 crore.

You can read more here: RP submits Vedanta offer for Electrosteel to NCLT

No comments:

Post a Comment

Life insurers earn more in Oct selling lesser policies

The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...