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Essar Oil gets stock exchanges go ahead for delisting
This is Ruia brothers second attempt to delist Essar Oil after their failed attempt in 2007. Essar Energy Holdings Ltd's January 2007 plan to delist the company in order to gain higher "flexibility in the operations and management of the company ...
Rosneft deal to help Ruias delist Essar cos
However, an Essar Oil statement was quick to clarify on Thursday that Rosneft will pick up a 49% stake in Essar Oil and not Vadinar refinery.
Essar investors step up attack on Ruias
The statement on Friday came soon after a committee of Essar Energy's independent directors, led by Philip Aiken, repeated its arguments that the 70p-a-share offer from Essar Global Fund Limited materially undervalued the business. However, the ...
Essar's Minority Investors Hire Legal Adviser  Wall Street Journal
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Sebi grants Essar Oil an extension on proposed delisting
Mumbai: Capital market regulator Securities and Exchange Board of India (Sebi) on Friday granted some relaxation from delisting norms to Essar Energy Holdings Ltd on the imminent takeover of its subsidiary Essar Oil Ltd by Russian oil company OJSC ...
Sebi gives more time to Essar Oil to finalise the delisting offer  Daily News & Analysis
Essar Oil gets extension from market regulator on delisting  DEALSTREETASIA
India Ready To Clear $6.5 Billion Of Iran's Oil Dues: Sources
Refiners like Essar Oil and Mangalore Refinery and Petrochemicals Ltd (MPRL) owe nearly $6.5 billion in dues to Iran.
India Hopeful to Clear Iran's Oil Dues Soon  Tasnim News Agency (press release)
Opening Bell | Essar Steel, JSW Energy, Heineken in news
Essar Steel Ltd shares will be under pressure as the steel maker is seeing early signs of a turnaround but is yet to conclude its plans to bring in a new investor and continues to negotiate with banks to complete the refinancing of its debt, reports Mint .
Essar Oil reports strong performance for December quarter
The promoters of Essar Oil Ltd completed the delisting process from the National Stock Exchange and Bombay Stock Exchange after agreeing to pay Rs.262.8 per share to the public shareholders.
Essar Oil says “advanced talks” with Rosneft on; no comments on Aramco stake ...  Economic Times
India's Essar Oil says Rosneft stake buy in advanced due diligence  Reuters
In-house: Singh steps down from GC post at Indian energy giant Essar Global Fund
Raminder Singh, the London-based general counsel and chief compliance officer of Indian conglomerate Essar Global Fund Limited (EGFL), the holding company for Essar Energy, is to depart at the end of the year. Essar's most senior lawyer Singh said he ...
Essar Steel places big bet on US iron ore
Essar recently sold a 49 per cent stake in its main oil refinery to Rosneft of Russia, while in 2013 it took on a new $1bn loan from Moscow-based VTB Bank to fund a controversial delisting of its Essar Energy subsidiary from the London Stock Exchange.
Essar Oil's delisting begins; shares gain 4%
Essar Oil Ltd, India's second biggest non-state oil refiner, had earlier this month issued a public notice to delist the company from local bourses by buying out the non-promoter shareholding of 28.54 per cent at Rs 146.05 per share.
Essar Oil Delisting Offer Begins, Shares Edge Higher  NDTV