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Essar Steel Announces Cancellation Of Shareholder Holdings

Existing issued, subscribed and paid-up share capital stands cancelled from December 16, 2019
Existing issued, subscribed and paid-up share capital stands cancelled from December 16, 2019
Essar Steel shares held by investors have been debited from their demat accounts and those held in physical form as share certificates will also not be valid, following the resolution plan which seeks to extinguish the capital, the company announced on Thursday.
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