KALSTEELS

Kalyani Steels Limited has informed the Exchange that "The Company has decided to publish "Audited Results" for the year ended March 31, 2010, within the period of 2 months i.e. by May 31,2010 and therefore the Company will not be publishing the unaudited financial results for the last quarter ended March 31. 2010."

Members of the Exchange are hereby informed that the trading in equity shares of Kalyani Steels Ltd. shall be suspended w.e.f. April 22, 2010 (i.e. closing hours of trading on April 21, 2010) on account of Scheme of Arrangement.

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 Hon'ble High Court of Judicature at Bombay, has passed an Order today i.e. on 12th March, 2010 approving : (1) the Scheme of Arrangement between Kalyani Steels Limited ('Demerged Company') and Chakrapani Investments & Trades Limited and Surajmukhi Investment & Finance Limited and Gladiolla Investments Limited ('Amalgamating Companies') and Kalyani Investment Company Limited ('Transferee / Resulting Company') and their respective shareholders. (2) the reduction of Equity Share Capital of Kalyani Steels Limited".

Kalyani Steels Ltd has informed the Exchange that "Petition presented by the Company on 22nd January, 2010, under Section 394 of the Companies Act, 1956, for sanctioning the Scheme of Arrangement between Kalyani Steels Limited and Chakrapani Investments & Trades Limited and Surajmukhi Investment & Finance Limited and Gladiolla Investments Limited and Kalyani Investment Company Limited and their respective Shareholders ('Scheme'), was admitted by the Hon'ble High Court of Judicature at Bombay on 29th day January 2010 and that the said Petition is fixed for hearing before the Judge taking Compan

Kalyani Steels Ltd has informed the Exchange that "Meeting of Equity shareholders of the Company convened as per the directions of Hon'ble Hight Court of Judicature at Bombay to consider and approve the Scheme of Arrangement was held today i.e. on January 20, 2010. At the said meeting the requisite quorum was present and the resolutions proposed at Item Nos. 1 to 2 of the Notice dated December 19, 2009 were approved by the requisite majority."

Kalyani Steels Ltd has informed the Exchange that Notice that by an Order made on December 18, 2009 in the Kalyani Steels Ltd, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of Kalyani Steels Ltd on January 20, 2010, to consider and if thought fit, approve with or without modification(s), the proposed arrangement embodied in the Scheme of Arrangement between Kalyani Steel Limited (" Demerged Company") and Chakrapani Investments & Trades Limited(" First Transferor/First Amalgamating Company") and Surajmukhi Investment & Finance Limited ("S

Kalyani Steels Ltd has informed the Exchange that by an Order made on December 18, 2009, the High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Company be convened and held on January 20, 2010, among other things, for the purpose of considering and, if thought fit, approving with or without modification(s), the Scheme of Arrangement between Kalyani Steels Limited and Chakrapani Investments & Trades Limited and Surajmukhi Investment & Finance Limited and Gladiolla Investments Limited and Kalyani Investment Company Limited and their respective shareh

Kalyani Steels Ltd has informed the Exchange regarding Disclosure in terms of regulation 7(3) of SEBI (Substantial Acquisituion of Shares and Takeovers) Regulations, 1997. 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/kalsteel01_reg_30112009.zip target=NEW> For more details click here.</a>

Kalyani Steels Ltd has informed the Exchange that "The Board of Directors of Kalyani Steels Limited at their meeting held on November 03, 2009, have considered and approved the Composite Scheme of Arrangement under Sections 391 to 394 read with Sections 100 to 103 and other relevant provisions of the Companies Act, 1956, for demerger of the 'Investment Division' of Kalyani Steels Limited ('Demerged Company') into Kalyani Investment Company Limited ('Resulting Company'), and amalgamation of Chakrapani Investments & Trades Limited ("Chakrapani") and Surajmukhi Investment & Finance Limited ("Su

Kalyani Steels Ltd has informed the Exchange that Annual General Meeting of the members of the Company was held on August 26, 2009. At the said meeting the requisite quorum was present and the resolutions proposed at Item Nos. 1 to 9 of the Notice dated June 01, 2009 were duly approved.

Kalyani Steels Ltd has submitted to the Exchange a copy of Notice of the Annual General Meeting of the Members of the Company to be held on August 26, 2009. 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/Kalyani_AGMNot_14082009.zip target=NEW> For more details click here.</a>

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.

Kalyani Steels Ltd has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. 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/KALSTEELS_LR_30072009.zip target=NEW> For more details click here.</a>

Kalyani Steels Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on July 28, 2009, has approved issue of Secured Redeemable Non-Convertible Debentures, aggregating to Rs.450 Million, on Private Placement basis, which debentures will be listed on the Stock Exchanges. The issue is being made to augment fund requirements for general corporate purposes.

Kalyani Steels Ltd has informed the Exchange that the Board of Directors at its meeting held on July 03, 2009, have issued and allotted Unsecured Redeemable Non-Convertible Debentures, aggregating to Rs. 500 Million, on Private Placement basis to J.M.Financial Mutual Fund, to meet the short term working capital requirements.

Kalyani Steels Ltd has informed the Exchange that Mr. S. S. Hiremath, Director of the Company passed away on July 03, 2009.

Kalyani Steels Ltd has informed the Exchange that "The Company has decided to publish 'Audited Results' for the year ended 31st March, 2009, within the period of 3 months i.e. by 30th June, 2009 and therefore the Company will not be publishing the unaudited financial results for the last quarter ended 31st March, 2009".

Kalyani Steels Ltd has informed the Exchange that: "We have been informed by the Promoters / Promoter Group that they have not pledged any shares of the Company held by them." 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/KalyaniSteels_Pledge_11022009.ZIP target=NEW> For more details click here.</a>

Kalyani Steels Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on January 31, 2009 has approved / noted the following : 1) Re-appointment of Mr. C.G. Patankar, as Executive Director for the further period of five years from April 01, 2009 to March 31, 2014. 2) Completion of term of Mr. Suresh Pandey, as Wholetime Director (Technical) of the Company on January 31, 2009. 3) Resignation of Mr. Suresh Pandey, as a Director of the Company w.e.f. January 31, 2009.

Kalyani Steels Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on January 31, 2009, has authorised the Finance Committee of Directors to advise the Board about the possibility of restructuring / demerging investment division of the Company.

Kalyani Steels Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held today i.e. January 14, 2009 have approved issue of Secured Redeemable Non - Convertible Debentures, aggregating to Rs.550 Million, on Private placement basis to Life Insurance Corporation of India, which debentures shall be listed on National Stock Exchange of India Limited (NSE). The issue is being made to meet the normal capital expenditure, augment fund requirements for general corporate purposes and long term working capital requirements.