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Last 22.00 INR
Change Today +3.00 / 15.79%
Volume 3.1M
ELSC On Other Exchanges
Natl India
As of 6:04 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

electrosteel castings ltd (ELSC) Snapshot

Previous Close
Day High
Day Low
52 Week High
08/13/14 - 31.65
52 Week Low
12/22/14 - 15.05
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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electrosteel castings ltd (ELSC) Details

Electrosteel Castings Limited manufactures and supplies ductile iron (DI) pipes, fittings, and Cast Iron (CI) pipes in India. Its products include ductile iron (DI) pipes, such as socket and spigot with push-on joints, and flanged pipes; and DI fittings comprising socketted DI fittings with push-on joints, flanged DI fittings, DI fittings with push-on type restrained joints, DI mechanical joint fittings with rubber gasket and follower glands, and fabricated and custom made DI fittings. The company’s DI pipes have applications in raw and clear water transmission; distribution of potable water; water supply for industrial/process plant applications; ash slurry handling and disposal systems; on-shore and off-shore fire fighting systems; desalination plants; sewerage and waste water force mains; gravity sewerage collection and disposal systems; storm water drainage piping; domestic and industrial disposal systems; recycling systems; piping work in water and sewage treatment plants; vertical connection to utilities and reservoirs; piling for ground stabilization; and protective piping under carriage-ways. It also provides electrotuff DI pipes under Electrosteel brand for sewerage markets. In addition, the company undertakes turnkey solutions for water transportation and sewerage management, which include manufacturing DI pipes, and supplying and laying various types of pipes, operating the system and transferring to the owners. The company was formerly known as Dalmia Iron and Steel Ltd. Electrosteel Castings Limited also exports its products. Electrosteel Castings Limited was founded in 1955 and is based in Kolkata, India.

Founded in 1955

electrosteel castings ltd (ELSC) Top Compensated Officers

Joint Managing Director and Executive Directo...
Total Annual Compensation: 6.0M
Managing Director, Executive Director and Mem...
Total Annual Compensation: 6.0M
Whole Time Director
Total Annual Compensation: 5.5M
Director of Khardah Works and Whole Time Dire...
Total Annual Compensation: 3.4M
Director of International Business, Whole-Tim...
Total Annual Compensation: 3.4M
Compensation as of Fiscal Year 2014.

electrosteel castings ltd (ELSC) Key Developments

Electrosteel Castings Clarifies News Item

With reference to the news flashed on CNBC TV 18 on July 07, 2015 captioned "Joint Lender forum to take control of Electrocasting. No open offer", Electrosteel Castings Limited (BSE:500128) has Clarified to BSE stating: "The news item appearing in "CNBC TV 18" titled "Joint Lender Forum to take control of Electrocasting no open offer" is not relating to the Company. Further, there has been no event which requires intimation to the Stock Exchange under Clause 36 of the Listing Agreement. The Company keeps the Stock Exchanges informed about events, information etc. including price sensitive information in accordance with the regulatory requirements. We continue to endeavor to maintain highest standard of corporate governance practices and disclosure standards."

Electrosteel Castings Limited Appoints Jinendra Kumar Jain as an Independent Additional Director with Effect from June 18, 2015

Electrosteel Castings Limited appointed Mr. Jinendra Kumar Jain as an independent additional director with effect from June 18, 2015.

Electrosteel Castings Limited Recommends Dividend for the Year Ended March 31, 2015

Electrosteel Castings Limited announced that the board of directors of the company at its meeting held on May 12, 2015, has recommended a dividend of INR 0.65 (65%) per Equity Share of face value of INR 1 for the financial year ended March 31, 2015, subject to the approval of the shareholders at the ensuing Annual General Meeting of the company.


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