Is Uttam steel a good buy?
Is Uttam Galva Steels Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Uttam Galva Steels Ltd is a average quality company.
Is it good to invest in Uttam Galva Steel?
Is UTTAM GALVA STEELS good for long term investment? As on May 20,2022, the Fundamentals of UTTAM GALVA STEELS look Poor and hence it may not be good for long term investment !
Who is the owner of Uttam Galva Steel?
You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Uttam Galva Steels Ltd….PREMARKET.
|Anuj R Miglani||Managing Director & CEO|
|Gursharan Singh Sawhney||Director – Finance & CFO|
|Raggvendra Agrawal||Company Secretary|
What is happening in Uttam Galva Steel?
Deutsche Moves to block ArcelorMittal’s takeover of Uttam Galva. ArcelorMittal’s resolution plan, which was submitted by Uttam Galva’s resolution professional in June 2021, is pending before the bankruptcy tribunal. The LN Mittal-owned steelmaker formerly held 30% in Uttam Galva and is the only bidder for the company.
Who is taking over Uttam value Steel?
Nithia Capital and CarVal Investors
Mumbai: UK-based stressed asset management companies, Nithia Capital and CarVal Investors, announced Tuesday that they have completed the acquisition of Uttam Galva Metallics Limited (UGML) & Uttam Value Steel Limited (UVSL) for a total purchase consideration of around Rs 2000 crore.
Is Uttam Galva in nclt?
Deutsche Bank has moved the National Company Law Tribunal (NCLT) to block ArcelorMittal’s ₹4,000-crore takeover of Uttam Galva Steels under the Insolvency and Bankruptcy Code (IBC).
What happened Uttam Steel?
In November 2019, Uttam Galva Steels had defaulted to the tune of $6.67 million on its overseas loan or external commercial borrowing (ECB) facility with the total amounting to around $25 million (reduced from $50 million after a settlement). The facility was extended by State Bank of India (SBI) in May 2013.
Is Uttam value Steel and Uttam Galva Steel same?
Uttam Galva group also runs two more plants in India: Uttam Galva Metallics Limited and Uttam Value Steels Limited (previously known as Lloyds Steel Industries Limited) both at Wardha, Maharashtra.