Electrosteel Steels Ltd:Update

BSE had sought clarification from Insolvency Resolution Professional if SREI in talks/ negotiation to acquire ESL. ESL has replied to BSE that bids have been invited and EOI have been received from various applicants.

Naturally ESL at this stage can't reveal name of potential bidders. But investors mistook at denial and selling pressure

Our source fairly confident that Dalmia Bharat promoter is frontrunner to acquire ESL

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