Two million equity shares of eil business for sale in Mumbai

Electrosteel Integrated Limited (EIL) is an associate holding company of Electrosteel Castings Ltd. (ECL) with controlling stake of 44.17%. EIL is formed as a special purpose vehicle (SPV) to setup an integrated steel plant with production capacity of 2.2 Millions TPA. One of the prominent shareholder of EIL wants to sell off 2 Million Equity Shares on immediate basis. Hence seeking prospective and serious investors interested in buying this bulk chunk of stake in this growing EIL company.