ESL

Electrosteel Steels Limited has submitted the Exchange a copy of disclosure under Regulation 8A(4) and Regulation 7(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997.

Electrosteel Steels Limited has submitted to the Exchange copy of Minutes of the proceedings of the Annual General Meeting of the Company held on July 15, 2011.

IL&FS Trust Company Limited has submitted the Exchange a copy of Disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997.

Electrosteel Steels Limited has informed the Exchange that the Board Meeting of the Company held on April 22, 2011 concluded with the following material outcome; (a) Mr Binod Khaitan appointed as Additional Independent Director (Non Executive) cum Chairman of the Company who will hold office upto the date of the next Annual General Meeting of the Company. (C) The Board recommended the Annual General Meeting for the year 2010-11 to be held on July 15, 2011. (d) Books of share transfer will remain closed From July 09, 2011 to July 15, 2011 (both days inclusive) due to the Annual General Meeting

Electrosteel Steels Limited has informed the Exchange vide notes to Accounts in the Audited Financial Results for the year ended March 31, 2011 (taken on record by the Board of Directors of the Company at its meeting held on April 22, 2011) regarding the particulars of proceeds raised from the issued of equity shares and its actual utilisation via-a-vis projected utilisation upto March 31, 2011.

Electrosteel Steels Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 22, 2011 has appointed Mr. Binod Khaitan as Additional Independent Director (Non Executive) cum Chairman of the Company who will hold office upto the date of the next Annual General Meeting of the Company.

Electrosteel Steels Limited has submitted to the Exchange the Standalone Financial Results for the period ended March 31,2011.

Electrosteel Steels Limited has informed the Exchange that Mr. Anil Kumar Sinha, Director & Chairman of the Company, has resigned from the Board of Directors of the Company in the Board Meeting held on November 15, 2010.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on November 05, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on November 05, 2010 : 800,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on November 04, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on November 04, 2010 : 3,007,297 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on November 03, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on November 03, 2010 : 2,100,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on November 02, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on November 02, 2010 : 2,700,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on November 01, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on November 01, 2010 : 2,500,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on October 29, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on October 29, 2010 : 3,500,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on October 28, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on October 28, 2010 : 1,700,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on October 26, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on October 26, 2010 : 2,350,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on October 25, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on October 25, 2010 : 2,500,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on October 22, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on October 22, 2010 : 920,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on October 21, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on October 21, 2010 : 1,450,131 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on October 20, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on October 20, 2010 : 1,100,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on October 19, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on October 19, 2010 : 600,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on October 18, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on October 18, 2010 : 400,000 shares.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on October 15, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on October 15, 2010 : 1,700,000 shares.

Electrosteel Steels Limited has informed the Exchange that the Blast Furnace of the Company's Steel Plant which was commission on September 27, 2010 has been temporarily shut down for synchronization of the other units of the steel plant.

Edelweiss Capital Limited (acting as the Stabilizing Agent to the Issue) has submitted to the Exchange the details of shares purchased as on October 12, 2010 under the Green Shoe Option of Electrosteel Steels Limited. Further, total number of shares purchased on October 12, 2010 : 50,000 shares.