Essar Steel has posted healthy EBIDTA (earnings before interest, tax, depreciation and amortisation) of around Rs 2,000 crore during the insolvency period and the amount could be utilised by financial creditors against their outstanding dues, one of the operational creditors has claimed..
For buying shares of Essar Steel or any other companies, please call on 8108303330 or place your order here buysellunlistedshares.com/buysell/
ArcelorMittal will pay nearly Rs 50,000 crore for Essar Steel buyout, an upfront payment of Rs 42,000 crore to settle debt and a further Rs 8,000 crore for capital injection into the company. ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries and an industrial footprint in 18 countries.
The Essar Steel acquisition will give ArcelorMittal control of India’s largest single-location flat steel mill in Hazira, Gujarat, with a nameplate capacity of 10 million tonnes per annum. The asset also has two iron ore pelletisation plants, at Visakhapatnam and Paradip, and a downstream steel hub in Pune, close to a automobile manufacturing hub.
Essar Steel is a fully integrated flat carbon steel manufacturer – from iron ore to ready-to-market products – with a current capacity of 10 million tonnes per annum (MTPA).
For buying shares of Essar Steel or any other companies, please call on 8108234400 or place your order here buysellunlistedshares.com/buysell/
Essar Steel’s manufacturing facility comprises ore beneficiation, pellet making, iron making, steel making, and downstream facilities including cold rolling mill, galvanising, pre-coated facility, steel processing facility, extra wide plate mill and a pipe mill.
We are buying delisted shares of Essar Steel at Rs 20 per share. This is a limited time and quantity offer.
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For more details, please call on 08108234400 or email on email@example.com
Shares of Essar Steel are delisted from the stock exchanges and its shares are not traded on stock exchanges. These shares can’t be sold in secondary market under normal rolling settlement. We are providing an exit option to such investors by buying these physical and/or demat shares.
We provide on the spot payment and doorstep collection service all over India. Please call and ask for our counter offer against buy/sell offer price given by any other individual or company. We are regular buyers in all other physical and demat unlisted shares. We are regular buyers in all other physical and demat unlisted shares.