Electrosteel Steels Ltd. News and Updates

Keep track of all breaking news on Electrosteel Steels Ltd. from all sources in a single place.

Electrosteel Steels Ltd.

17 May 2023

Electrosteel Consolidated March 2023 Net Sales at Rs 1,872.37 crore, up 18.73% Y-o-Y

Moneycontrol

Electrosteel Standalone March 2023 Net Sales at Rs 1,761.82 crore, up 13.28% Y-o-Y

Moneycontrol | 17 May 2023

Electrosteel Steels Ltd.

20 Feb 2023

Electrosteel Standalone December 2022 Net Sales at Rs 1,728.04 crore, up 24.39% Y-o-Y

Moneycontrol

Electrosteel Steels Ltd.

01 Dec 2022

Weighing options on Electrosteel: Vedanta Resources' Anil Agarwal

Business Standard

"But it has to have world-class capacity, and cannot be a small plant. We have a capacity of about 3 million tonnes (mt)... we are contemplating. We have to take it to 15-20 mt"

Electrosteel Steels Ltd.

15 Nov 2022

Vedanta says priority is to complete doubling Electrosteel capacity to 3 MT

Business Standard

Vedanta Group on Tuesday said it was focused on completing the expansion of Electrosteel Steels Ltd to three million tonnes from 1.5 million tonnes amid rumours about the company's exit from the steel business. Anil Agarwal-led Vedanta Group scooped Electrosteel Steels four years ago. "As of date, this (exiting Electrosteel) is not a topic for us. The only priority is to raise the (production) capacity to 3 million tonnes, Vedanta Group CEO Sunil Duggal told reporters when asked about the reports of exiting the steel business. "I just visited the Electrosteel facility and reviewed the progress," he said. He was at the curtain raiser event of CII organised Global Mining Summit 2022. The group was planning to invest USD 300-350 million in doubling the Electrosteel capacity out of the USD 2 billion investment announced by the group. During the day, he also sought regulatory flexibility for the mining sector.

ESL Steel capacity expansion by next year: Vedanta's Sunil Duggal

Business Standard | 15 Nov 2022

Electrosteel Steels Ltd.

15 Nov 2022

Electrosteel Steels sale not a point of discussion: Vedanta CEO

Business Line

Says focus is on raising produciton capacity at present

Electrosteel Steels Ltd.

11 May 2022

Electrosteel Standalone March 2022 Net Sales at Rs 1,555.33 crore, up 115.79% Y-o-Y

Moneycontrol

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Electrosteel Steels Ltd.

01 Mar 2021

DHL Express becomes Mumbai Indians Principal and Official Logistics Partner

livemint

The company has been associated with multiple international sports events such as the World Rugby Sevens Series, ESL One, MotoGP and Formula 1. DHL Express also sponsors football clubs such as Manchester United