NEELACHAL ISPAT NIGAM LIMITED
Location
Odisha
Founded
1982-03-27
Website
Risk Signals
83 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Cyclic Organic Crudes and Intermediates, and Organic Dyes and Pigments, Nitrogenous Fertilizers, Products of Petroleum and Coal, Not Elsewhere Classified, Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills, Metals Service Centers and Offices, Coal and Other Minerals and Ores), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about NEELACHAL ISPAT NIGAM LIMITED
Live alerts from global media, monitored by Business Radar
2023-12-25 (news18.com)
'When Acquired By Tata Steel, NINL Was Home To Snakes, Now Running At Full Capacity', Says MD
On July 4, 2022, Tata Steel completed the acquisition of Odisha-based Neelachal Ispat Nigam Ltd
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2023-12-24 (livemint.com)
Tata Steel plays the long game in India's infra boom
The company will boost capacity at its recently acquired Neelachal Ispat Nigam Ltd (NINL) to 5.5 million tonnes per annum (mtpa) from the present 1 mtpa, said Ashish Anupam, vice-president, long products at Tata Steel.
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2023-07-04 (outlookbusiness.com)
Tata Steel's NINL Plant Reaches 100 Pc Capacity Utilisation Within 1 Year Of Acquisition
After being shut for almost three years, operations at the NINL unit was started by Tata Steel in October 2023.
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2023-02-23 (equitypandit.com)
Tata Steel Long Products Purchases Shares for Rs 300 Crore in Neelchal Ispat
Tata Steel Long Products announced that it acquired shares worth Rs 300 crore in Neelachal Ispat Nigam Ltd (NINL), an indirect subsidiary of the corporation. On February 21, Tata Steel assured 4,68,75,000 equity shares of Rs 10 each at a premium of Rs 54 per share, amounting to Rs 300...
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2023-02-23 (business-standard.com)
Tata Steel acquires over 4.68 crore shares of Neelachal Ispat Nigam for Rs 300 crore
Tata Steel said that as part of the first tranche of investment in Neelachal Ispat Nigam (NINL), the company has acquired 4,68,75,000 equity shares of its unlisted indirect subsidiary NINL for an amount aggregating to Rs 300 crore.
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2023-02-23 (livemint.com)
Tata Steel acquires shares worth ₹300 cr in NINL, shareholding increases to 5.23% | Mint
The company on February 21, 2023, has subscribed to 4,68,75,000 equity shares of Rs10 each at a premium of ₹54 per share
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2022-10-04 (odishabytes.com)
Operations Start At NINL Plant In Odisha
Bhubaneswar: Neelachal Ispat Nigam Ltd (NINL) in Odisha’s Jajpur district has started operations nearly 90 days after it was acquired by a Tata Steel subsidiary for Rs 12,000 crore in a bidding process, reports said.
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2022-07-04 (ndtvprofit.com)
Tata Steel Takes Over Neelachal Ispat Nigam For Rs 12,000 Crore
Tata Steel Ltd. on Monday said it will work 'expeditiously' to restart NINL and simultaneously draw a plan to expand its capacity to produce 4.5 MTPA long products complex in the next few years.
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2022-07-04 (news18.com)
Tata Steel Acquires Neelachal Ispat Nigam for Rs 12,100 Crore; Know Details
The payment made by Tata Steel has been utilised for settlement of dues of employees of NINL, operational creditors, secured financial creditors and sellers
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