JSWISPAT

JSW ISPAT Steel Limited has informed the Exchange with reference to the Company's earlier communication dated May 08, 2013 informing the sanctioning of the Composite Scheme of Amalgamation and Arrangement amongst JSW ISPAT Steel Limited ("JSWISL"), JSW Building Systems Limited, JSW Steel Coated Products Limited and JSW Steel Limited and and their respective shareholders and creditors (the "Scheme") by the Hon'ble High Court of Judicature at Bombay. The Company has now informed the Exchange that in terms of Section 391(3) read with Section 394(3) of Companies Act, 1956, the Scheme has become ef

JSW ISPAT Steel Limited has informed the Exchange that the Board of Directors of the company at its meeting held on May 21, 2013, approved the proposed acquisition of the cement grinding facility of Heidelberg Cement India Limited at Dolvi, Dist. Raigad, Maharashtra, adjacent to the company's steel plant. The acquisition is proposed by way of a 'slump sale' and shall be subject to obtaining necessary approvals and completion of due diligence. The cement grinding facility has an installed capacity of 0.60 MTPA and its acquisition would enable the company develop a stable outlet for evacuation o

JSW ISPAT Steel Limited has informed the Exchange regarding Sanction of the Composite Scheme of Amalgamation and Arrangement amongst JSW ISPAT Steel Limited and JSW Building Systems Limited and JSW steel Coated Products Limited and JSW Steel Limited and their respective shareholders and creditors Sections 391 to 394 of Companies Act, 1956.