KALSTEELS

Kalyani Steels Ltd has informed the Exchange that pursuant to Scheme of Arrangement ("Scheme") between Kalyani Steels Limited ("Demerged Company") and Chakrapani Investments & Trades Limited, Surajmukhi Investment & Finance Limited and Gladiolla Investments Limited ("Amalgamating Companies") and Kalyani Investment Company Limited ("Resulting Company"), approved by the Hon'ble High Court of Judicature at Bombay, the Company has fixed April 23, 2010 as the Record Date, for the purpose of (1) Determination of Names of the Members of Kalyani Steels Limited, who will be entitled to receive Equity S

Kalyani Steels Ltd has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed August 17, 2009 to August 26, 2009 (both days inclusive) for the purpose of the Annual Closure for Annual General Meeting to be held on August 26, 2009. Further, the Company has informed the Exchange that no dividend has been recommended by the Board for the year ended March 31, 2009 in its meeting held on June 01, 2009.