Trading Q&A by Zerodha - All your queries on trading and markets answered

Electrosteel shares- delisted in exchange

ShubhS9 July 12, 2020, 5:32am 4

Read this

When is Electrosteel Steels delisting and what happens to my shares? Stocks

Today was the last trading day of Electrosteel Steels Limited and the company will be delisted from the exchanges from 13/12/2018. Why the company delisting? ESL was a debt laden company which owed over Rs.13000 crores. The creditors of the company led by SBI had initiated insolvency proceedings against the company in the National Company Law Tribunal (NCLT). Once a case is filed in NCLT and if there is enough evidence of the company’s default, the company is admitted into a corporate insolve…

show post in topic

Home
Categories
Guidelines
Terms of Service
Privacy Policy

Powered by Discourse, best viewed with JavaScript enabled