MAHINDUGIN

Mahindra Ugine Steel Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on February 01, 2013 has approved the proposal of incurring a capital expenditure of not exceeding Rs. 56.64 crores for setting up a new production facility at Dharwad, Karnataka. The new project is being set up to meet the increasing demand of stamping components of automotive businesses situated in southern region of India. The investment is proposed to be made during the financial years 2013 to 2016. Subject to the necessary approvals, the project is expected to get

Mahindra Ugine Steel Company Limited has submitted to the Exchange the Standalone Financial Results along with the Limited Review Report for the period ended December 31,2012.

Mahindra Ugine Steel Company Limited has informed the Exchange that 20,125 Options have been further lapsed against vested options issued on October 24, 2007 and the total number of options which are lapsed under Employees Stock Option Scheme (ESOS) of the Company are now aggregate to 5,64,000.

Mahindra Ugine Steel Company Limited has submitted to the Exchange the Standalone Financial Results along with the Limited Review Report for the period ended September 30,2012.

Mahindra Ugine Steel Company Limited has informed the Exchange that India Ratings & Research Private Limited, a Fitch Group Company, has informed the Company that it has upgraded the Company's Long-Term Issuer rating to 'IND A' from 'IND BBB+', and removed it from Rating Watch Evolving (RWE). The Outlook is Stable.

Mahindra Ugine Steel Company Limited has informed the Exchange regarding a press release dated September 07, 2012, titled "MUSCO finalises 51:49 JV with Sanyo Special Steel Co. Ltd and Mitsui & Co. Ltd.".

Mahindra Ugine Steel Company Limited has informed the Exchange vide letter dated September 06, 2012 regarding "Formation of Joint Venture for Steel Business".

Mahindra Ugine Steel Company Limited has informed the Exchange that 1,57,875 Options have been further lapsed against vested options issued on August 18, 2006, and the total number of options which are lapsed under Employees Stock Option Scheme (ESOS) of the Company are now aggregate to 5,43,875.

Mahindra Ugine Steel Company Limited has informed the Exchange regarding the Outcome of the Annual General Meeting held on August 03, 2012.

Mahindra Ugine Steel Company Limited has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the Company held on August 03, 2012.

Mahindra Ugine Steel Company Limited has informed the Exchange that at the board meeting held on August 3, 2012, the board of directors of the company has approved the proposal of incurring a capital expenditure of about Rs. 33.79 crores for setting up new production facility at Zaheerabad, Andhra Pradesh. The new project is being set up to meet the increasing demand of stamping components of automotive businesses situated in southern region of India. The Investment is proposed to be made during the financial years 2013 to 2015 and the project is expected to be commissioned in 2nd quarter of f

Mahindra Ugine Steel Company Limited has submitted to the Exchange the Standalone Financial Results along with the Limited Review Report for the period ended June 30, 2012.

Mahindra Ugine Steel Company Limited has informed the Exchange vide it letter dated July 10, 2012 regarding Transfer of Steel (Including Rings) Business of the Company as a going concern on a slum sale basis.

Mahindra Ugine Steel Company Limited has informed the Exchange vide letter dated July 06, 2012, regarding "Status on the Legal dispute on water charges".

Mahindra Ugine Steel Company Limited has informed the Exchange that the Annual General Meeting of the Company will be held on August 03, 2012. Further the Register of Members and Share Transfer Books of the Company shall remain closed from July 19, 2012 to August 03, 2012 (both days inclusive) for the purpose of Annual General Meeting.

Mahindra Ugine Steel Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 02, 2012, has in principle, approved the proposal of incurring a capital expenditure of about Rs. 47.49 crores for setting up Automated Heavy Stamping Presses (Press Shop) at the manufacturing unit of its Stamping Division at Pantnagar near Rudrapur, Uttarakhand. The proposed new Heavy automates stamping presses are being set up to meet the increasing demand of stamping components of automotive businesses situated in and around Pantnagar and Rudrapur like Tata Mo

Mahindra Ugine Steel Company Limited has submitted to the Exchange the Consolidated Financial Results for the period ended March 31,2012.

Mahindra Ugine Steel Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 02, 2012 in view of operational losses of the Company, the Board has not recommended any dividend for the financial year 2011-12.

Mahindra Ugine Steel Company Limited has submitted to the Exchange the Standalone Financial Results for the period ended March 31,2012.

Mahindra Ugine Steel Company Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on March 27, 2012 have approved the sale of excess land of the Company of 65 acres out of the total land of around 122 acres of the Stampings Unit of the Company situated at Kanhe, District Pune, Maharashtra.

Mahindra Ugine Steel Company Limited has submitted to the Exchange the Standalone Financial Results along with Limited Review Report for the period ended December 31,2011.

Mahindra Ugine Steel Company Limited has informed the Exchange vide its letter dated January 23, 2012 regarding "Status on the Legal Dispute"

Mahindra Ugine Steel Company Limited has informed the Exchange regarding the Postal Ballot Results declared on January 04, 2012.

Mahindra Ugine Steel Company Limited has informed the Exchange vide its letter dated December 12, 2011, regarding "Status on the Legal dispute".

Mahindra Ugine Steel Company Limited has submitted to the Exchange a copy of notice pursuant to Section 192A (2) of the Companies Act, 1956, read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2011 in respect of the ordinary resolution to be passed through postal ballot : (1) Ordinary Resolution under section 293(1)(a), read with other applicable provisions of the Companies Act, 1956, to transfer, sell or dispose of the Steel Business of the Company on a going concern basis, as a slump sale, to wholly owned subsidiary of the Company as proposed under Item No.1 of the No

Girdharilal Agrawal has submitted to the Exchange a copy of disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Mahindra Ugine Steel Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on 11th November 2011 has inter alia, subject to approval of the shareholders of the Company and receipt of other requisite approvals, approved of a proposal to transfer the Steel (including Rings/Bearing Races) Division of the Company, by way of a slump sale on a going concern basis, to a wholly owned subsidiary of the Company ("JV Company"). Further, the Company has submitted to the Exchange a copy of Press Release in this regard.

Mahindra Ugine Steel Company Limited has informed the Exchange vide its letter dated November 11, 2011 regarding "Status on the Legal dispute".

Mahindra Ugine Steel Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on November 11, 2011, has approved the followings : (1) The appointment of Mr. Niranjan Mishra, as an Additional Director with effect from November 11, 2011, who will be treated as Independent Director.

Mahindra Ugine Steel Company Limited has submitted to the Exchange the Standalone Financial Results for the period ended September 30,2011.

Mahindra Ugine Steel Company Limited has informed the Exchange that the Company, since 1992, have had been legally disputing the unreasonable Increase of water charges levied by the Irrigation Department, for usage of river water for the Khopoli Plant of the Company. Pursuant to the civil suit filed by the Company against such increase of water charges, the said Hon'ble Civil Judge, Panvel vide its order dated October 20, 2003 upheld the stand of the Company and restrain the department from unreasonable increase In water charges. The Irrigation Department aggrieved by the decision of the Hon'b

Mahindra Ugine Steel Company Limited has informed the Exchange that the Company has received a letter dated August 18, 2011 from Life Insurance Corporation of India (LIC) informing that Ms. Saroj S. Dikhale, Nominee of LIC on the Board of the Company has resigned from the Board of Directors of Company vide her letter dated August 05, 2011. In view of her resignation, Ms. Saroj S. Dikhale ceased to be Director of the Company with effect from August 05, 2011.

Mahindra Ugine Steel Company Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on July 27, 2011.

Mahindra Ugine Steel Company Limited has submitted to the Exchange a copy of Outcome of the Annual General Meeting of the Company held on July 27, 2011.

Mahindra Ugine Steel Company Limited has informed the Exchange regarding a press release dated July 27, 2011, titled "MUSCO ANNOUNCES UNAUDITED FINANCIAL RESULTS OF Q1-FY 2011-12".

Mahindra Ugine Steel Company Limited has submitted to the Exchange the Standalone Financial Results for the period ended June 30,2011.

Mahindra Ugine Steel Company Limited has informed the Exchange that the manufacturing unit of Stampings division of the Company located at Pantnagar, Uttarakhand, has commenced its commercial operations.

Mahindra Ugine Steel Company Limited has informed the Exchange that the Annual General Meeting of the Company will be held on July 27, 2011. Further the Register of Members and Share Transfer Books of the Company shall remain closed from July 16, 2011 to July 27, 2011 (both days inclusive) for the purpose of Annual General Meeting.

Mahindra Ugine Steel Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 27, 2011, inter alia, in view of overall performance of the Company, the Board has not recommended any dividend for the financial year 2010-2011.

Mahindra Ugine Steel Company Limited has submitted to the Exchange a copy of an abstract dated May 16, 2011 sent to the Shareholders of the Company, as requited under the provisions of section 302 of the Companies Act, 1956, in respect of terms of appointment and remuneration payable to Mr. Uday Gupta, Managing Director of the Company.

Mahindra Ugine Steel Company Limited has informed the Exchange that the Board of Directors has appointed Mr. Uday Gupta as an Additional Director of the Company with effect from May 05, 2011. Further, the Board has appointed Mr. Uday Gupta as the Managing Director of the Company with effect from May 05, 2011 in place of Mr. K.V. Ramarathnam, whose tenure of service as the Managing Director expired on May 04, 2011. Accordingly, Mr. K.V. Ramarathnam ceases to be the Managing Director as well as the Director of the Company with effect from May 05, 2011.

Mahindra Ugine Steel Company Limited has submitted to the exchange a copy of an abstract dated March 25, 2011 sent to the Shareholders of the Company, as required under the provisions of Section 302 of the Companies Act, 1956, in respect of revision in remuneration of Mr. K. V. Ramarathnam, Managing Director of the Company.

Mahindra Ugine Steel Company Limited has submitted to the Exchange the Standalone Financial Results for the period ended March 31,2011.

Mahindra Ugine Steel Company Limited has informed the Exchange regarding a press release dated January 25, 2011, titled "MUSCO Announces Unaudited Financial Results of Q3 FY 2010-11".

Mahindra Ugine Steel Company Limited has submitted to the Exchange the Standalone Financial Results for the period ended December 31,2010.

Mahindra Ugine Steel Company Limited has informed the Exchange that Mr. Nikhilesh Panchal has been appointed as an Additional Director of the Company. He is considered as an independent Director of the Company.

Mahindra Ugine Steel Company Limited has informed the Exchange regarding a press release dated October 27, 2010, titled "MUSCO Announces Unaudited Financial Results of Q2 & H1-FY 2010-11".

Mahindra Ugine Steel Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 27, 2010 have approved, amongst other agenda items, the following : The appointment of Mr. Daljit Mirchandani, as an Additional Director with effect from October 27, 2010, who will be treated as Independent Director

Mahindra Ugine Steel Company Limited has submitted to the Exchange the Standalone Financial Results for the period ended September 30,2010.

Mahindra Ugine Steel Company Limited has informed the Exchange vide its letter dated September 30, 2010 regarding the Revision of Fitch Ratings of existing loans of the Company.