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Uttam Value Steels swings to profit in Q4

The company, formerly known as Lloyds Steel, had reported a net loss of Rs 6.95 crore during the corresponding quarter of 2011-12.

Lloyds Steel renamed as Uttam Value Steels

"Lloyds Steel Industries, in which the Miglani family (promoters of Uttam Galva) acquired 58.35 percent stake, has been renamed as Uttam Value Steels," it said.

Lloyds Steel to be renamed as Uttam Value Steels

Loss-making Lloyds Steel, in which Uttam Galva group had acquired 58.35 percent stake in December, has decided to rename itself as Uttam Value Steels and has sought shareholders approval for the same.