Essar Steel Delisting Offer Price has been fixed at Rs. 48 per share. This is the price at which the shareholders of Essar Steel can surrender their shares. Investors can refuse to surrender the shares by not participating in the open offer. However, in this case investors will have no exit option since the shares of Essar Steel will soon be delisted from the Indian stock exchanges. Earlier in December last year SAT had stayed the original delisting of shares on the earlier planned date. A hearing was heard on the 12th of December by SAT and a ruling was passed after the hearing.

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