Tag: ArcelorMittal

By 2019-End ArcelorMittal Expects to Complete Essar Steel’s Acquisition
LimeLight

By 2019-End ArcelorMittal Expects to Complete Essar Steel’s Acquisition

SME STREET- November 19, 2019

ArcelorMittal India Private Limited's (AMIPL) resolution plan for Essar Steel India Limited (‘ESIL') has been unconditionally approved by the Supreme Court of India and the ... Read More

LimeLight, News

SC Sets Aside NCLAT Order Approving ArcelorMittal’s Bid to Acquire Essar Steel

SMEStreet Desk- November 15, 2019

The Supreme Court on Friday set aside the July 4 order of the NCLAT approving ArcelorMittal's Rs 42,000-crore bid for acquiring debt-laden Essar Steel. A ... Read More

Creditors Approached NCLT Against ArcelorMittal -Essar Steel Takeover Deal
News, Infrastructure

Creditors Approached NCLT Against ArcelorMittal -Essar Steel Takeover Deal

SMEStreet Desk- November 14, 2018

Orissa Stevedores Ltd, which has Rs 20.46 crore in outstanding dues from Essar Steel, sought a direction to Committee of Essar Steel Creditors "not to ... Read More

ArcelorMittal to Aquire Essar Steel For Over 42,000 Cr
LimeLight, Infrastructure

ArcelorMittal to Aquire Essar Steel For Over 42,000 Cr

SME STREET- October 27, 2018

NRI billionaire Lakshmi Mittal-led ArcelorMittal had won a bid to acquire debt-laden Essar Steel for over Rs 42,000 crore, a deal that will help fulfill ... Read More

ArcelorMittal Parks Rs 7,000 Cr with SBI to Clear Uttam Galva Steel Dues
LimeLight, Analysis

ArcelorMittal Parks Rs 7,000 Cr with SBI to Clear Uttam Galva Steel Dues

SMEStreet Desk- May 16, 2018

The move to park about Rs 7,000 crore in an escrow account of State Bank of India (SBI) follows ArcelorMittal's bid for Essar Steel coming ... Read More