MONNETISPA

Monnet Ispat and Energy Limited has informed the Exchange regarding Outcome of Board Meeting held on May 30, 2018.

Monnet Ispat and Energy Limited has informed the Exchange regarding Board meeting held on May 30, 2018.

Monnet Ispat and Energy Limited has informed the Exchange regarding Outcome of Board Meeting held on July 11, 2017.

Monnet Ispat and Energy Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on February 14, 2017, has, inter alia approved the following:- (1) Appointment of Mr. Sanjay Kumar Garodia as Chief Financial Officer of the Company. (2) Appointment of Mr. Kunal Sharma as Independent Director on the Board of the Company.

Monnet Ispat and Energy Limited has informed the Exchange regarding Outcome of meeting of the Board of Directors of the Company held on December 09, 2016.

Monnet Ispat and Energy Limited has informed the Exchange regarding Outcome of Board Meeting of the Company held on August 17, 2016.

Monnet Ispat and Energy Limited has informed the Exchange that the Board of Directors at its meeting held on May 30, 2016 has interalia approved the Appointment of Mr. Raj Kumar Ralhan as Chief Financial Officer of the Company.

Monnet Ispat and Energy Limited has informed the Exchange regarding the Outcome of Board Meeting of the Company held on February 12, 2016.

Monnet Ispat and Energy Limited has informed the Exchange regarding Outcome of the Board Meeting held on November 6, 2015.

With reference to earlier announcement dated May 29, 2014 regarding postponement of Board Meeting, Monnet Ispat & Energy Ltd has now informed that the said meeting of the Board of Directors will now be held on June 11, 2014, inter alia, to consider Audited Financial Results for submission to the stock exchanges for the year ended on March 31, 2014 and will also consider recommendation of dividend to the shareholders for the financial year 2013-14 for their approval in the next Annual General Meeting.

Monnet Ispat and Energy Limited has informed the Exchange that the meeting of the Board of Directors of the Company scheduled to be held on May 30, 2014 essentially to adopt the Audited Annual Accounts for the year ended on March 31, 2014 besides other matters, is postponed since database relating to previous financial year has corrupted. The system containing previous years data has been shut to avoid further loss of the data. Efforts are underway to retrieve the data but the problem has not been addressed so far. ERP system is unable to generate the Reports and Annual Accounts and, consequen

Monnet Ispat And Energy Limited has informed the Exchange that the following decisions were taken by the Board in its meeting held on May 14, 2012 : (1) Shri Sandeep Jajodia was elevated as Chairman of the Board of Directors of the Company. Prior to becoming Chairman & Managing Director, he was Executive Vice Chairman & Managing Director and Shri M.S. Gujral was chairman of the Board. The vacancy was created due to sad demise of Shri M.S. Gujral on May 4, 2012. (2) Shri Amit Dixit, was co-opted as Additional Director on the Board of the Company. He is an M.B.A from Harvard Business School, a

Monnet Ispat Limited has informed the Exchange that the outcome of the Board Meeting of the Board of Directors held on August 09, 2010 as follows : (1) Shri Ajay Relan, managing partner of CX Partners and Ex Managing Director of CVC International, a Citigroup Affiliate has been co-opted as Additional Director on the Board of the Company. He was on the Board of the Company for four years since 2004 to 2008; (2) MIEL formed JV with country's largest iron ore mining company National Mineral Development Corporation (NMDC) in ratio 49:51 to acquire and develop coal blocks in India. The newly formed

Monnet Ispat Ltd has informed the Exchange regarding following matters discussed in the meeting of the Board of Directors held on January 07, 2006 :- 1) Monnet Ispat Ltd. (MIL) has entered into Memorandum of Understanding with Scandiuzzi SRL, Italy, for designing & manufacturing of Structural Steel products. MIL is entering into a Joint Venture with an equity contribution of 60% by MIL and 30% by Scandiuzzi SRL. The balance 10% will be offered to a strategic partner. The Joint Venture envisages the manufacture of Structural Steel Products viz. Turbine & Boiler Structures, Transmission Towers,