Electrosteel Castings Limited

ELECTROSTEEL THERMAL COAL LIMITED, a promoter group entity, bought 2,05,00,000 shares of Electrosteel Castings Limited for ₹143.74 Cr at ₹70.12 apiece in a market purchase. The shareholding after the purchase is 3.32%.

A manufacturer of ductile iron pipes, ductile iron fittings, and cast iron pipes for water and sewage infrastructure applications across India. The company also produces and supplies pig iron as a core offering. Electrosteel Castings operates as a vertically integrated producer in the iron and steel products sector, serving municipal and industrial customers with foundry-cast products and raw material solutions.