ESL Steel - Dividend I Bonus Issue | Stock Split

RECOMMENDATION

Neutral

Business Type

Emerging Leader

Management

Accounting Practice

Profitability

Solvency

Growth

Valuation

RATING

RECOMMENDATION

Neutral

Business Type

Emerging Leader

No upcoming dividends are available.

No past dividends are available.

No upcoming corporate actions available.

Corporate Action	Corporate Action Description	Ratio	Date
Mergers & Aquisitions	Vedanta Limited acquired the management control of ESL through the corporate insolvency resolution process initiated for addressing the resolution of non-performing assets of the Indian banking syste…	90%	June 5, 2018

No Upcoming announcements available.

Announcements	Link	Announced On
Updates Additionally, the Board has re-appointed Mr. Prasun Kumar Mukherjee (DIN: 00015999) as an Independent Director of the Company for a period of two years w.e.f. June 4, 2021, subject to the approval of the members in ensuing Annual General Meeting as a Special Resolution. The present terms of his appointment expired on June 3, 2021. Directors recommend his re-appointment.	-	June 3, 2021
Updates The Board has also re-appointed Mr. Mahendra Singh Mehta (DIN: 00019566) as an Independent Director of the Company for a period of two years w.e.f. June 21, 2021, subject to the approval of the members in ensuing Annual General Meeting as a Special Resolution. The present terms of his appointment expired on June 20, 2021. Directors recommend his re-appointment.	-	May 20, 2021
Updates Further, on recommendation of Nomination and Remuneration Committee, the Board of Directors of the company appointed Mr. Navnath Laxman Vhatte (DIN: 09048441) as Additional Director designated as Whole Time Director, effective from May 10, 2021. The company is seeking approval from shareholders in the forthcoming Annual General Meeting for con-firming the appointment of Mr. Navnath Laxman Vhatte as Whole Time Director.	-	May 10, 2021