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[भरत @_Numerophile]

Hey @grok I've sourced above all from Gemini. Can you please verify the authenticity of the information and add further cautions for someone looking to invest in such company with a history.

[भरत @_Numerophile]

ESSAR SHIPPING
Why isn't Debt-Free & why Seros Shipping is?

In Nov 2022, Essar Group announced it had paid back over $25 bn in debt, officially declaring itself "debt-free" from Indian banks. However, this claim applies primarily to promoter group holding level.

(1/n)

[भरत @_Numerophile]

History Repeats in Corporate Governance: Can I trust Ruias & think of making money investing?

Essar Oil delisting controversy to Essar Steel IBC wipeout, capital allocation has consistently prioritized group-level restructurings over public minority shareholder equity.

(7/7)