JSWISPAT

Ispat Industries Limited has submitted to the Exchange a copy of the proceedings of the Extra Ordinary General Meeting of the Company held on March 29, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/IspatInd_EGM_08052008.zip target=NEW> For more details click here.</a>

Ispat Industries Limited has informed the Exchange that "The Audited Accounts of our Company for the year ended 31st March, 2008 will be published within a period of 3 months of the close of accounting year. In view of the above, we would not be publishing the un-audited results for the fourth quarter ended 31st March, 2008."

Ispat Industries Limited has informed the Exchange that the Board of Directors of the Company, at its meeting held today i.e 18th April, 2008, has issued and allotted 11,32,44,580 Equity Share Warrants to the eligible promoters, on preferential basis, in terms of section 81 (1A) of the Companies Act 1956 and the Guidelines for preferential Issues contained in Chapter XIII of Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000. The Company has further informed that the Shareholders of the Company have already approved the aforesaid issue of Equity Share

Ispat Industries Limited has informed the Exchange that: "The Board of Directors of our Company, at its meeting held on April 18, 2008 has decided to effect the following changes in the Composition of the Board of Directors of our Company: (a) Mr. V. K. Mittal, Managing Director, has been re-designated as Vice-Chairman & Managing Director. (b) Mr. Vinod Garg, Executive Director (Marketing), has been re-designated as Executive Director (Commercial). (c) Mr. B. K. Singh has been appointed as an Additional Director under Section 260 of the Companies Act, 1956. Mr. B. K. Singh shall be a Whole-T

Ispat Industries Limited has informed the Exchange that : "At the Extra Ordinary General Meeting of the members of our company held today i.e. 29th March, 2008, the members have approved, pursuant to Section 81 (1A) of the Companies Act, 1956, issue of Equity Warrants, on preferential basis, to the eligible promoters, entitling them to apply for equity shares, not exceeding 5% of the post-issue voting rights, in aggregate, in any financial year. The pricing of equity shares, arising out of exercise of rights attached to the aforesaid Equity Warrants, has been determined at Rs. 43.89 each, in

Ispat Industries Limited has submitted to the Exchange a copy of the notice alongwith Explanatory Statement, convening Extraordinary General Meeting of the Shareholders of the Company on March 29, 2008, for seeking approval under Section 81(1A) of the Companies Act, 1956, to issue share warrants on preferential basis. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ISPAT_EGM_06032008.zip target=NEW> For more details click here.</a

Ispat Industries Limited has informed the Exchange that: "The Board of Directors of the Company, at its meeting held on February 26, 2008 has decided to convene an Extra-Ordinary General Meeting of the shareholders of the Company on March 29, 2008, for obtaining requisite approval, in terms of Section 81(1A) of the Companies Act, 1956, for the proposed issue of equity share warrants to eligible promoters, on preferential basis. In terms of the Guidelines for Preferential Issues contained in Chapter XIII of SEBI (Disclosure & Investor Protection) Guidelines, 2000, the " Relevant Date" for deter

Ispat Industries Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ispat_LR_13022008.zip target=NEW> For more details click here.</a>

Ispat Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on January 31, 2008, considered and approved, in principle, hiving-off of the Company's Jetty facilities/ operations to an independent entity, subject to all requisite consents/ approvals and valuation reports to be received from valuers appointed/ to be appointed for the purpose.

Ispat Industries Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 216623 lacs for quarter ending on 31-DEC-2007 against Rs. 182735 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. (3600) lacs for the quarter ending on 31-DEC-2007 against Rs. 1752 lacs for the quarter ending on 31-DEC-2006.

Ispat Industries Limited has informed the Exchange vide its letter dated December 22, 2007 that "The Board of Directors of our Company, at its meeting held today, i.e. 22nd December, 2007, considered and approved issue of share warrants, carrying a right to convert into Equity Shares, to the constituent(s) of the Promoter Group, on preferential basis, not exceeding 5% of the post-issue voting rights in any financial year upto 18 months from the date of allotment thereof. The proposed issue of share warrants shall be subject to approval by the shareholders of the Company and such other consent(

News Verification : The media had reports that Ispat Industries Limited may develop a residential project in a prime locale in South Mumbai. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Ispat Industries Limited has vide its letter inter-alia stated,"Necessary disclosures in relation to the aforesaid property have been made in the Annual report of our Company for the financial year ended 31st March, 2007. Extract

Ispat Industries Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2007 and found the same to be in order subject to certain observations. The auditor's observations are : In terms of Accounting Standard 22, net deferred tax asset of Rs.557.47 crores (net of reversal of Rs 60.70 crores for the quarter) has been recognized in the accounts upto September 30, 2007, based on the future profitability projections made by the management. However, we are unable to express any opinion on the abov

Ispat Industries Limited has informed the Exchange that the Company has entered into a Memorandum of Understanding (MOU), on October 27, 2007, with M.P. Trade & Investment facilitation Corporation Limited, a wholly owned undertaking of Government of Madhya Pradesh. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ispatindus_MOU_29102007.zip target=NEW> For more details click here.</a>

Ispat Industries Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on July 25, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ispat_agm_280807.zip target=NEW> For more details click here.</a>

Ispat Industries Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2007 and found the same to be in order subject to certain observations. The auditor's observations are: In terms of Accounting Standard 22, net deferred tax asset of Rs.618.17 crores (net of reversal of Rs 5.44 crores for the quarter) has been recognized in the accounts upto June 30, 2007, based on the future profitability projections made by the management. However, the auditors are unable to express any opinion on the above

Ispat Industries Limited has informed the Exchange on July 02, 2007 that "Due to high velocity wind and heavy rains during the last two days, a section of the conveyor belting system of our Company which transports raw material from the adjoining Dharamtar Port to our Company's Plant site at Dalvi near Alibaug, Maharashtra, slipped off and fell on the railway tracks outside the plant site today morning. There has been no loss of life or any injury due to the accident and there is no loss of production. Our Company's Special Task Force, with the help of other Officials of the Company and Senio

Ispat Industries Limited has submitted to the Exchange a copy of Abstract under Section 302 of the Companies Act, 1956, sent to the members of the Company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/IspatIndutries_Abstract302.zip target=NEW> For more details click here.</a>

Ispat Industries Limited has informed the Exchange that the Register of Members of the Company will remain closed from July 18, 2007 to July 24, 2007 (both days inclusive) for the purpose of the Annual General Meeting of the Company convened to be held on July 25, 2007.

Ispat Industries Limited had informed the Exchange that the Company has entered into a Memorandum of Understanding (MOU) on January 10, 2007 with Government of Chattisgarh for setting-up a coal-based 600 MW power project. The power project is proposed to be set-up in Janjgir, Champa District of Chattisgarh. The proposed power project shall entail an investment of approximately Rs. 2500 Crores. The implementation of the MOU would be taken up by the company after obtaining all requisite approvals. The company has now informed the Exchange that: "In supersession of the Memorandum of Understanding

Ispat Industries Limited has submitted to the Exchange a copy of the Minutes of the Proceedings held on April 18, 2007 in relation to results of voting by Postal Ballot conducted pursuant to Section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) Rules, 2001 on the Resolutions under Section 293(1)(d) and 293(1)(a) of the Companies Act, 1956. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corp

Ispat Industries Limited has informed the Exchange that the Company shall publish Audited Financial Results within a period of 3 month for the year ended on March 31, 2007 i.e. on or before June 30, 2007.

Ispat Industries Limited has informed the Exchange that the results of the Postal Ballot, for passing the proposed resolutions under section 293(i)(a) and 293(1)(d), respectively, of the Companies Act,1956, have been announced on April 18, 2007. Both the proposed resolutions have been approved by a majority of share holders. A copy of the Results of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/IspatInd_RPB_19042007.zip target=NEW> For

Ispat Industries Limited had informed the Exchange that at the meeting of the Board of Directors of the Company held on March 02, 2007, it has been decided to issue Foreign Currency Notes (FCNs) aggregating upto US$ 500 Million, subject to further requisite approvals/consents. The company has now informed the Exchange that in connection with the proposed issue of Foreign Currency Notes (FCN) aggregating to USD 500 Million, approval of members of the Company is being sought for increase in borrowing powers of the Company (under Section 293(1)(d) of the Companies Act, 1956) as well as creation o

Ispat Industries Limited has informed the Exchange that the auditor's have conducted the limited review of the un-audited financial results for the quarter and nine months ended on December 31, 2006 .The copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ispat_LR_080307.zip target=NEW> For more details click here.</a>

Ispat Industries Limited has informed the Exchange that : "the proposed issue of Foreign Currency Notes aggregating to USD 500 Million (USD) Five hundred Million) is being made for financing the following projects planned to be undertaken by us:- (a) 1 Million Tons per annum recovery type Coke Oven Plant to be located at Dolvi, Dist. Raigad, Maharashtra. (b) 4.5 Million Tons per annum Pellet Plant to be located at Vishakapatnam, Andhra Pradesh. (c) Enhancement of capacity of our Hot Rolled Coil Steel Plant at Dolvi, Dist. Raigad, Maharashtra, from existing 3 Million Tons per annum to 3.6 Milli

Ispat Industries Limited has informed the Exchange that: "At the meeting of the Board of Directors of our Company held today i.e. 2nd March, 2007, it has been decided to issue Foreign Currency Notes (FCNs) aggregating upto US$ 500 Million, subject to further requisite approvals/consents".

Ispat Industries Limited has submitted to the Exchange a copy of Abstract under Section 302 of the Companies Act, 1956, sent to the members of the Company. The copy of the same shall be available on the NSE website (http://www.nseindia. com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ispat_misc_160207.zip target=NEW> For more details click here.</a>

Ispat Industries Limited has informed the Exchange on January 12, 2007 that "Our Company has entered into a Memorandum of Understanding (MOU) today with Government of Jharkhand for setting-up an integrated Steel Plant. The proposed steel plant shall initially have steel making capacity of 2.8 million tones per annum, which capacity is proposed to be enhanced to 5 million tones per annum in phases. The intergrated steel plant is proposed to be set-up at Manoharpur in West Singhbhum District in the State of Jharkhand. The proposed project shall entail an investment of approximately Rs.6750 Crore

Ispat Industries Limited has informed the Exchange on January 10, 2007 that "Our Company has entered into a Memorandum of Understanding (MOU) today with Government of Chhattisargh for setting-up a coal-based 600 MW power project. The power project is proposed to be set-up in Janjgir, Champa District of Chhattisgarh. The proposed power project shall entail an investment of approximately Rs. 2500 Crores. The implementation of the MOU would be taken up by us after obtaining all requisite approvals".

Ispat Industries Limited has informed the Exchange on December 06, 2006 that "Our Company has entered into a Memorandum of Understanding (MOU) yesterday with Government of Maharashtra for expansion of capacity for manufacture of steel at its integrated steel complex located at Dolvi, District Raigad, Maharashtra. The proposed expansion shall result in increase in steel making capacity from the existing 3 million tons per annum to 5 million tons per annum. The proposed expansion in steel making capacity shall entail an investment of approximately Rs.2,000 Crores. The proposed expansion is also

Ispat Industries Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2006 and found the same to be in order subject to certain observations. The auditor's observations are: In terms of Accounting Standard 22, net deferred tax asset of Rs.685.02 crores [including Rs. 51.54 crores (after adjusting the reversal of Rs. 2.86 crores for the quarter) for the half year ended September 30, 2006] has been recognized in the accounts upto September 30, 2006, based on the future profitability projectio

Ispat Industries Limited has submitted to the Exchange a copy of the proceedings of the AGM of the Company held on August 29,2006. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/IspatInd_AGM_08112006.zip target=NEW> For more details click here.</a>

Ispat Industries Limited has informed the Exchange that Industrial Development Bank of India Limited (IDBI) has, vide its letter dated September 18, 2006, withdrawn the nomination of Mr. C. P. Philip from the Board of Ispat Industries Limited and instead appointed Mr. B. P. Singh, Executive Director, IDBI, on the Board of Ispat Industries Limited with effect from September 18, 2006.

Ispat Industries Limited has informed the Exchange that consequent upon sale of registry business of M/s. MCS Limited to M/s. Intime Spectrum Registry Limited (ISRL), M/s. Intime Spectrum Registry Limited (ISRL) has been appointed as Registrar & Share Transfer Agents of the Company with effect from October 01, 2006. The address and other details of ISRL are given below:- Address: M/s. Intime Spectrum Registry Limited, C-13, Pannalal Silk Mills Compound, L.B.S. Marg, Bhandup (West), Mumbai - 410 206. Name of Contact Person: Mr. N. Mahadevan Iyer, General Manager. STD Code: 022. Tel. No. 25963

Ispat Industries Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2006 and found the same to be in order subject to certain observations. The auditor's observations are: In terms of Accounting Standard 22, net deferred tax asset of Rs.687.88 crores (including Rs. 54.40 crores for the quarter) has been recognized in the accounts upto June 30, 2006, based on the future profitability projections made by the management. However, the auditors are unable to express any opinion on the above project

News Verification : The media had reports on July 28, 2006 that ICICI Bank may offer Ispat Industries Limited to JSW Steel Limited. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Ispat Industries Limited has vide its letter inter-alia stated, "We wish to clarify that the referred news item is baseless, without any substance and truth."

Ispat Industries Limited has informed the Exchange that the Register of Members of the Company will remain closed from August 17, 2006 to August 28, 2006 (both days inclusive) for the purpose of the Annual General Meeting of the Company convened to be held on August 29, 2006.

Ispat Industries Limited has informed the Exchange that at a meeting of the Board of Directors of the Company held on May 27, 2006, it has been decided to enchance the proposed offering of Foreign Currency Convertible Bonds (FCCBs) from US$ 125 Million to an aggregate of upto US$ 150 Million (including Green - Shoe option). The proposed offering of FCCBs would be subject to further requisite approvals / consents, wherever necessary.

Ispat Industries Limited has informed the Exchange that the address of our Registrar and Transfer Agent, M/s MCS Limited has changed. The new address is as under:- M/s MCS Limited, "Harmony", Plot No. 6, Sector - 1, Khanda Colony, New Panvel (West), Navi Mumbai - 410 206. Tel No: 2749 2003-10, Fax No: 2749 2005.