MAHINDUGIN

Mahindra Ugine Steel Company Limited has informed the Exchange that a petition was filed before the Hon'ble High Court of Judicature at Bombay for sanctioning the Scheme of Amalgamation of Mahindra Hinoday Industries Limited, Mahindra Ugine Steel Company Limited (the Company), Mahindra Gears International Limited, Mahindra Investments (India) Private Limited and Participaciones Internacionales Autometal Tres, S.L. with Mahindra CIE Automotive Limited (formerly known as Mahindra Forgings Limited) in terms of Sections 391 and 394 of the Companies Act, 1956. The petition was admitted by the Hon'b

Mahindra Ugine Steel Company Limited has submitted to the Exchange a copy of abstract dated March 31, 2014 sent to the Shareholders of the Company as required under the provisions of section 302 of the Companies Act, 1956, in respect of terms of re-appointment and remuneration payable to Mr.Uday Gupta, Managing Director of the Company, as approved by the Board of Directors and the Nomination & Remuneration Committee on March 31, 2014.

Mahindra Ugine Steel Company Limited has informed the Exchange vide its letter dated August 06, 2013 regarding "Settlement of Litigation/dispute".

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 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 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 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 vide its letter dated December 12, 2011, regarding "Status on the Legal dispute".

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 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 manufacturing unit of Stampings division of the Company located at Pantnagar, Uttarakhand, has commenced its commercial operations.

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

Mahindra Ugine Steel Co. Ltd has informed the Exchange with reference to earlier announcement dated December 23, 2008 as follows: The manufacturing plants of the Company are now working as per normal schedule of three shifts per day, instead of one or two shifts.

Mahindra Ugine Steel Co. Ltd has submitted to the Exchange a copy of the abstract dated May 11, 2009 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. 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/mahinugine_update_18052009.zip target=NEW> For more details click here.</

Mahindra Ugine Steel Co. Ltd has informed the Exchange regarding the revision in Fitch Ratings. 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/MahindraUgine_Ratings_30032009.zip target=NEW> For more details click here.</a>

Mahindra Ugine Steel Co. Ltd has informed the Exchange that due to on-going economic slowdown in the Steel as well as Automotive Industry and taking into account the slowdown in demand for the Company's products it has been decided to align the Company's production plan with the expected demand. Accordingly, the working shifts at the manufacturing plants of the Company had been reduced by one or two shifts instead of three shifts, depending on the workload. Further, except Nasik plant, all other plants of the Company will work for five days a week as per above work schedule instead of seven da

Mahindra Ugine Steel Co. Ltd has submitted to the Exchange a copy of an abstract dated October 23, 2008 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. 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/Mahi_Update_26112008.zip target=NEW> For more details click here.</a>

Mahindra Ugine Steel Co. Ltd has submitted to the Exchange a copy of an abstract dated April 29, 2008 sent to the shareholders of the Company as per the provisions of section 302 of the Companies Act, 1956 in respect of re-appontment of Mr. K.V. Ramarathnam, as the Managing Director of the Company for a period of three years with effect from May 05, 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/Mahindraugine_Abs_23052008.zip