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Essar Ports seeks shareholder nod to raise $1 bn

Last Updated: Friday, September 06, 2013, 18:57

Essar Ports has sought shareholders' nod to raise up to USD 1 billion (about Rs 6,500 crore) through securities for ongoing expansion of various projects.

SEBI revokes restrictions on Essar Ports

Last Updated: Monday, August 12, 2013, 18:09

Market regulator Sebi Monday revoked the restrictions it had imposed on Essar Ports as well as its directors and promoters for not meeting the minimum public shareholding norms, as the company has now complied with the directions.

Essar Ports to secure Rs 700-cr loans for Vizag port in 6 mths

Last Updated: Sunday, July 21, 2013, 13:11

The iron ore berths at the Visakhapatnam port have the highest peak loading rate of 8,000 tonnes per hour and deepest draft terminal in the country.

Essar Ports Q1 net up 48%; Co to move to dollar-based tariff

Last Updated: Thursday, July 18, 2013, 18:48

Essar Ports, which Thursday reported a 48 percent jump in consolidated net profit at Rs 101.44 crore, is moving towards a dollar-based tariff structure to cut interest costs and mitigate the impact of falling rupee.

Essar Ports meets Sebi's public float norms

Last Updated: Thursday, June 20, 2013, 14:32

Essar Ports has a current capacity of 104 mt per annum, which is being expanded to 181 mt over the next few years.

Port of Antwerp to convert Essar Ports GDS into equity shares

Last Updated: Wednesday, June 05, 2013, 20:32

Essar Ports Wednesday said its strategic partner Port of Antwerp International will convert the global depository shares held in it into equity shares, a move that would help the Essar group firm in meeting 25 percent minimum public shareholding norm.

Essar Ports Net rises five-fold to Rs 331.6 crore in FY13

Last Updated: Thursday, April 18, 2013, 17:57

Essar Ports today reported a five-fold increase in its consolidated net profit to Rs 331.6 crore for fiscal 2012-13 on higher income.

Essar Ports Q3 net doubles at Rs 90.42 cr

Last Updated: Thursday, January 17, 2013, 18:45

Essar Ports' consolidated net profit more than doubled to Rs 90.42 crore in the third quarter of the current fiscal on higher income.

Essar Ports commissions 16-mt terminal at Paradip

Last Updated: Monday, December 24, 2012, 14:05

Essar Ports Monday said it has commissioned its 16 million tonne per annum (MTPA) dry bulk terminal at Paradip in Odisha, taking its capacity to 104 MTPA.

RBS acquires 29 lakh shares in eight cos for Rs 352 cr

Last Updated: Tuesday, November 06, 2012, 19:39

Royal Bank of Scotland (RBS) Tuesday acquired a total of nearly 29 lakh shares in eight companies, including Infosys, Adani Power and Essar Ports, for over Rs 352 crore.

Essar Ports says Paradip iron ore berth commissioning shortly

Last Updated: Sunday, November 04, 2012, 18:05

"The civil and engineering work is over. We are just waiting for an official go-ahead to formally commission the 20 million tonne per annum facility, which can happen within a few weeks," Essar Ports finance director Shailesh Sawa said here.

Essar Ports Q2 net profit up 97% to Rs 80.53 cr

Last Updated: Tuesday, October 16, 2012, 18:58

The Ruias-promoted firm had reported a net profit of Rs 40.84 crore in the corresponding quarter of the previous fiscal.