Essar Energy

Essar Energy is to be listed on London's FTSE 100

Essar Energy is to be listed on London's FTSE 100

According to sources, the leading integrated energy company of the country, Essar Energy is going to be listed on FTSE 100 index in London. Essar Energy has informed that its shares would be included in this list.

It will happen just after the announcement of quarterly review of the FTSE's U. K. Index series. FTSE 100 index the index of the leading shares listed on the main market of the London Stock Exchange. Now Indian company Essar Energy is going to share the list.

From 18th of June this will be effective. Its trading will commence from 21st of June.

Essar Energy Raises £1.27 billion in London’s Largest Stock Market

Essar Energy Raises £1.27 billion in London’s Largest Stock Market

India's Essar Energy has raised £1.2bn in London's biggest stock market flotation, because the beginning of financial downturn closed the market for new listings.

The power, oil and gas organization being drawn out of India's collapsing Essar corporation, will be valued at £5.4bn, putting it amongst the 60 biggest public firms on the London Stock Exchange.