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Maharashtra Seamless emerges as successful resolution applicant for acquisition of United Seamless

23 Apr 2018 Evaluate

Maharashtra Seamless has been declared as the successful resolution applicant by the Committee of Creditors (CoC) of United Seamless Tubulaar, subject to necessary regulatory approvals including from Adjudicating Authority i.e. the National Company Law Tribunal (NCLT).

Maharashtra Seamless provides a whole range of high-class, customizable and innovative seamless pipes and tubes using state-of-art technology. The company also manufactures ERW Pipes and Coated Pipes. The company also engaged in the business of Wind Power, Steel Pipes & Tubes. 

Peers
Company Name CMP
JSW Steel 1268.00
Tata Steel 184.75
Steel Authority 180.00
Jindal Stainless 750.90
APL Apollo Tubes 2270.65
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