Four steel companies namely Arcelormittal India Private Limited, JSW Steel Limited (BSE:500228), Jindal Steel & Power Limited (NSEI:JINDALSTEL) (JSPL), and Vedanta Limited (NSEI:VEDL) owned Electrosteel Steels Limited (ESL Steel Limited), have submitted expressions of interest (EoIs) for debt-laden Uttam Galva Steels Limited (BSE:513216). A total of six firms, have submitted EoIs. The admitted claims of Uttam Galva Steels Limited stands at INR 90.7066 Billion, with ArcelorMittal India Private Limited having an 87% voting share among the financial creditors.

The companies will be called to place their resolution plans.