Moneycontrol
Last Updated : Jan 04, 2018 09:07 PM IST | Source: CNBC-TV18

Race for Electrosteel Steels

Electrosteel Steels, which banks have put on the block in the National Company Law Tribunal, has secured bid from some marquee names like Tata Steel, Edelweiss, Vedanta Group and the Dalmias of Renaissance, sources close to the bankers told CNBC-TV18. The quality of the bidders indicates every possibility of the deal going through in 270 days, sources said. CNBC-TV18's Latha Venkatesh who broke this story gave us these details.

CNBC TV18 @moneycontrolcom

Electrosteel Steels, which banks have put  on the block in the National Company Law Tribunal, has secured bid from some marquee names like Tata Steel, Edelweiss, Vedanta Group and the Dalmias of Renaissance, sources close to the bankers told CNBC-TV18. The quality of the bidders indicates every possibility of the deal going through in 270 days, sources said. CNBC-TV18's Latha Venkatesh who broke this story gave us these details.

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First Published on Jan 4, 2018 08:53 pm
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