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Q.

I have essar steel @ 52.20, but now no quote available , what happend?

Tags: happend, essar steel, quote available
Asked by Anand, 27 Dec '07 03:07 pm
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Answers (5)

1.

What's the qty?Please sell off market & divert yr investment in better stks.I f you require a buyer let us know.Depend on your qty we will give you our quote.
Regards,
Money Managers.Com
Answered by surendar chhajed, 20 Oct '10 08:39 am

 
  
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2.

Essar Steel Holdings Limited had fixed the delisting price of Essar Steel Limited. The Essar Steel delisting price which was determined by the reverse book building process where shareholders bid on the delsiting price is Rs. 48 per share of face value Rs 10 each. This announcement was made by Edelweiss Capital Limited which is the Manager to the Delisting Offer. The minority shareholders of Essar Steel Limited have two options. They could choose to surrender their shares to Essar Steel Holdings Limited for Rs. 48 per share or they could choose to hold on to the shares of Essar Steel Limited, which was delisted and hence not traded on the stock exchanges. The risk with choosing the latter option is the lack of liquidity after delisting. Shareholders might not be able to sell the shares of Essar Steel Limited at all and may be struck with them for eternity. However, these shareholders will continue to enjoy all shareholder rights such as voting rights and right to receive dividend along ...more
Answered by LALITKUMAR RANA, 27 Dec '07 03:12 pm

 
  
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3.

If u want to sell contact @9871162597
Answered by Arun, 16 Feb '10 08:00 pm

 
  
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4.

Dear Sir,
We are currently purchasing essar steels. so if you are interested in selling kindly let us know.
Regards,
Vipul Gandhi
Company Executive
(M)+91 93755 77007
Answered by GANDHI ASSOCIATES, 16 Nov '09 06:24 pm

 
  
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5.

Essar steel has been delisted from the exchange by the company...the company shall buy back all the shares @ 48 per share....you can choose to sell it to the company or hold on to it....but i think the first one is a better option
Answered by saloni shah, 27 Dec '07 03:12 pm

 
  
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