PSL

Psl Limited has informed the Exchange regarding "Award of a Prestigious Contracts from BPCL". 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/PSL_UP_13062008.zip target=NEW> For more details click here.</a>

Psl Limited has informed the Exchange regarding "Award of a Prestigious Contracts from Gail (India) Limited". 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/PSL_Updates_11062008.zip target=NEW> For more details click here.</a>

Psl Limited has informed the Exchange that "Florida Gas Transmission Company released an order on both PSL North America LLC (a Subsidiary of our Company) and PSL Limited for 543 miles of pipes and associated coating, for value of US$ 418 million. Receiving this order will be a step further in the Companies' association with the U.S. market".

Psl Limited has informed the Exchange that "Our subsidiary company PSL FZE, based in Sharjah, UAE, has been awarded an order for supply of steel pipes aggregating US$45 million." 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/PSL_award_13052008.zip target=NEW> For more details click here.</a>

Psl Limited has informed the Exchange that the Company has been awarded with yet another series of prestigious orders encompassing supply of Steel Pipes for both Oil and Water Pipelines aggregating to Rs.1,225 Crores from two prestigious companies namely Larsen & Toubro Limited & HPCL - Mittal Pipelines Limited. 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/PSL_Ann_21042008.zip target=NEW> For more details click here.</a>

Psl Limited has informed the Exchange that the Company propose to get the financial results for the entire financial year ending on March 31, 2008 audited at an early date. Therefore, the company plan to publish the Audited Financial Results for the Financial Year 2007-08 within three months period as prescribed by Clause 41 of the listing agreement. In such a situation the company will not publish the Un-audited Result for the Quarter ended March 31, 2008 before April 30, 2008.

Psl Limited has submitted to the Exchange a copy of the proceedings of the Extraordinary General Meeting of the Company held on January 17, 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/PSL_Pro_EGM_18012008.zip target=NEW> For more details click here.</a>

Psl Limited has informed the Exchange that the Board of Directors in their meeting held on January 15, 2008 declared an Interim Dividend of Rs.2.50 per equity share for the Financial Year 2007-08. January 21, 2008 has been fixed as record date for the purpose and the same shall be paid to eligible members from January 30, 2008 onwards.

Psl Limited has submitted to the Exchange a copy of notice of the Extra Ordinary General Meeting of the Company scheduled to be held on January 17, 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/PSL_26122007.zip target=NEW> For more details click here.</a>

Psl Limited has informed the Exchange that : "PSL has been awarded with yet another prestigious Contract for Supply of Coated Line Pipes and Long Radius Bends worth Rs.125 Crores for 200 Kms. long Dullajan Numaligarh Pipeline in Assam. PSL shall supply 16 inch Diameter Bare/ Coated Pipes entirely from its state-of-the-art Two-step Mill in Varsana, Kandla, Gujarat by Mid 2008. The above order from the Government of Assam substantiates PSL's firm hold in the globally tendered domestic pipeline supply segment as it has secured this project among competition from both international and domestic s

Psl Limited has informed the Exchange that as scheduled the Board met today i.e. December 14, 2007 and after very detailed deliberations, recognized the need of the Company to raise the long term funds upto US$ 125 Million. The Board has given its approval to raise this money by way of issuance of appropriate securities [including the shares under QIP scheme and/or issuance of Foreign Currency Convertible Bonds (FCCBs)]. The Board has also decided to call an Extra-ordinary General Meeting on January 17, 2008 to enable the shareholders to consider and approve the said issuance of securities a

Psl Limited has informed the Exchange that: "We are indeed glad to inform you about an important development regarding achievement of Financial Closure by our Joint Venture Company namely "PSL North America LLC" for development of its integrated pipe manufacturing and coating facility in the State of Mississippi, USA, While on the subject, it is pertinent to mention that out of an estimated demand for 2,50,000 KM pipeline network worldwide in the next five years due to continuous enhancement in crude oil prices, approximately 1,00,000 KMS are estimated to be implemented in the North America, M

Psl Limited has informed the Exchange that as scheduled the Annual General Meeting was duly held on September 27, 2007. Further at the said meeting, while the shareholders considered the various businesses listed in the notice and passed the relevant Ordinary as well as Special Resolutions approving those businesses, the Chairman, while delivering his speech, enlightened the shareholders regarding various important developments relating to the Company that have taken place in the recent past including in particular the following. (1) Commissioning of a Production Facility at Kakinada, Andhra P

Psl Limited has informed the Exchange that: "Our Company has bagged, against Global competition , a prestigious Contract from FUSION PROVIDA LTD., ENGLAND- a leading U.K. Company for supply of 1,24,000 Meters 3 LPE Coated Line Pipes having size of 20" X 9.5 API 5L X 60 valuing USD 17 Million to CAMEG S.P.A., ALGERIA."

Psl Limited has informed the Exchange that the date of payment of the dividend, if approved by the shareholders would be October 09, 2007.

Psl Limited has informed the Exchange that: "The Board of Directors in their meeting have decided to close the Register of Members and other Transfer Books of the Company with a view to enable the Company to make payments of Final dividend @ Rs. 2.50 per share which in addition to Interim Dividend paid @ Rs.2.50 per share in February, 2007 thus making a total dividend of Rs. 5.00 per share for the Financial year 2006-2007. The aforesaid Registers will close from September 24, 2007 to September 27, 2007 (both days inclusive). The Annual General Meeting has been scheduled to be held on September

Psl Limited has informed the Exchange that : "Our Company being a key enabler for infrastructure and construction projects, engaged in a diverse range of pipe coatings and pipe manufacturing has now been awarded with a prestigious contract valuing approx. Rs.165 Crores from Indian Oil Corporation Limited for their Dadri-Panipat Gas Pipeline Project which is the first trunk gas pipeline of IOCL. The said contract is for supply of 30 Inch Outer Diameter API 5LX70 grade pipes with, Anti-Corrosion Coating for a total length of 134 km.This Order will be executed by the Company at its State of the A

Psl Limited has informed the Exchange that: "Our Company, being a key player in the field, has emerged successful as the lowest Bidder as Indian Oil Corporation opens the price bid for its First Gas Pipeline from Dadri to Panipat for Pips of 30" Diameter. The Project cost (Bid) is approximately Rs.165 Crores and receiving this order will be a step further with the Company's association with Indian Oil Corporation. PSL's un-executed Order Book on receipt of this Order will exceed Rs.2400 crores".

Psl Limited has informed the Exchange that the Board, at its meeting held on June 22, 2007 has decided to recommend a total dividend of Rs.5.00 per share (inclusive of interim dividend of Rs.2.50 per share paid in February 2007) on the fully paid up equity share of Rs.10/- each. However, the final dividend of Rs.2.50 per share recommended on June 22, 2007 shall be paid to all eligible members/beneficiaries after declaration of dividend by the shareholders at the next Annual General Meeting.

Psl Limited has informed the Exchange that: "Our Company has now commissioned its new Pipe Manufacturing facility in Sharjah, UAE. The facility, located on 18 acres of land in the Hamriah Free Trade Zone, has an installed Spiral pipe Production Capacity of 75,000 MT/annum, an internal/ external Coating Plant and a Concrete-Weight Coating Plant. It has officially commenced supplies for the Oil, Gas and Water Sectors by producing Steel Pipes as of June 17th, 2007".

Psl Limited has informed the Exchange that "In response of our Company's application to the Central Government, an in-principle approval has been granted for the establishment of a Special Economic Zone (SEZ) for "Alternative Energy and Energy Ancillaries" at the Port of Pipavav, Gujarat - a privately owned leading Port well connected by both road and rail. The said SEZ shall be primarily comprising of environmental friendly Units of alternate energy products and services such as biodiesel, solar, ethanol, wind generation etc. The Company will now be looking for attracting diversified firms in

Psl Limited has informed the Exchange that: "Our Company being a key enabler for infrastructure and construction projects, engaged in a diverse range of pipe coatings and pipe manufacturing has now been awarded with a prestigious contract valuing Rs.135 Crores from GAIL India, owners and constructors of Dabhol - Panvel High Pressure Gas Transmission Pipeline Phase 2. The said contract is for supply of 30" diameter line pipe for 124 K.M. spiral saw weld pipes". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on

Psl Limited has informed the Exchange regarding "Joint Venture With A&L Group in North America." 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/PSL_PR04052007.zip target=NEW> For more details click here.</a>

Psl Limited has informed the Exchange that "Our Company has bagged several Onshore & Offshore Pipeline Projects Order valuing Rs. 1045 Crores in the month of April, 2007 as per following details :- (1) The Onshore Gas Pipeline Projects Orders worth Rs. 700 Crores for supply of pipes for GSPL's Gas Grid along with export Orders from Iran & Malaysia. (2) The Offshore Pipeline related services Project Orders worth approx. Rs. 175 Crores have been received from M/s Allseas and NPCC - two leading turnkey offshore construction companies operating in the region. (3) Few miscellaneous orders aggregati

Psl Limited has informed the Exchange that the Company proposes to get the financial results for the entire financial year ending on 31st March 2007 audited at an early date. The Company therefore plan to publish the Audited Financial Results for the Financial Year 2006-07 within three months period. The Company has further informed the exchange that in such a situation the Company will obviously need not to publish the un-audited Result for the Quarter ended 31st March, 2007.

Psl Limited has informed the Exchange that "our Company has bagged an Order valuing US$21 Million". Further the Company has submitted to the Exchange a copy of Press Release dated March 13, 2007, titled 'PSL bags order worth US$ 21 mn for RIL - K.G. Basin pipeline project'. The 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/psl_awardPR_150307.zip target=NEW> For more details click here.</a>

Psl Limited had informed the Exchange that the Board of Directors had approved raising of funds through QIP route. The company has now informed the Exchange that: "Board of Directors in their meeting held on 9th March 2007 had approved allotment of 20,97,000 Equity Shares of Rs.10/- each at a Premium of Rs.197.35 per share pursuant to Qualified Institutional Placement (QIP) Guidelines to the Qualified Institutional Buyers (QIBs) from whom the Company had received Bids".

Psl Limited has informed the Exchange that "our Company has now added a fifth dimension to its national pipe manufacturing grid by commissioning a newly installed Pipe Mill having an intial output capacity of 75,000 MT per annum which may be expanded to 1,50,000 MT per annum within this calendar year. The said Plant was commissioned recently in presence of Rajasthan State Government and Senior Officials of L&T who have placed order for supply of pipes on PSL for the prestigious "Bilaspur-Jaipur Water Pipeline". The newly commissioned Unit shall comprise of both internal and external Pipe Coati

Psl Limited has informed the Exchange that at the Board Meeting held on January 18,2007 an Interim Dividend of Rs.2.50 per equity share for the financial year 2006-07 has been declared and shall be paid to eligible members on February 02,2007.

Psl Limited has informed the Exchange that "The Committee of Directors in its meeting held today i.e. on 1st January, 2007 has also decided to fix Tuesday the 23rd January, 2007 as the �RECORD DATE� to enable the Company to make payments of Interim Dividend for the Financial Year 2006-2007, if the Board in its aforesaid meeting declares the said Interim Dividend. In such a situation the said Dividend would be payable from 2nd February, 2007 to all such members whose names are born on the Register of Members of the Company and to all the beneficial owners of the shares of the Company as per the

Psl Limited has submitted to the Exchange a copy of Notice of the Extra Ordinary General Meeting of the Company to be held on January 25, 2007. The 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/CorporateAnnouncements).<a href=/content/corporate/psl_egmnotice_281206.zip target=NEW> For more details click here.</a>

Psl Limited has informed the Exchange that "the Board of Directors of our Company have accorded its approval for raising of Long Term Funds not exceeding Rs. 200 crores by offering, issuing and alloting in One or more tranches any securities (including equity shares to qualified institutional buyers in terms of Chapter XIII A of Guidelines for qualified institutional placement) as may be acceptable to the Company. In this connection the Board has also decided to convene an Extra Ordinary General Meeting of Company's shareholders on Thursday the 25th January, 2007 at Daman where the company's R

Psl Limited had informed the Exchange that the Company has bagged a prestigious contract for supply of Carbon Steel Bare Line Pipes valuing Rs. 308 Crores for meeting the requirements of BINA Refinery in Sultanate of Oman. The contract in question is related to supply of pipes for a total length of 600 Kms. to BINA Refinery (Vadinar-Bina Pipeline) Project of Bharat Oman Refineries Limited which is to be completed within a year's time. The Company now informs to the Exchange that �the Company has bagged a prestigious contract for supply of Carbon Steel Bare Line Pipes valuing Rs.308 Crores for

Psl Limited has informed the Exchange that the Company has bagged a prestigious contract for supply of Carbon Steel Bare Line Pipes valuing Rs. 308 Crores for meeting the requirements of BINA Refinery in Sultanate of Oman. The contract in question is related to supply of pipes for a total length of 600 Kms. to BINA Refinery (Vadinar-Bina Pipeline) Project of Bharat Oman Refineries Limited which is to be completed within a year's time.

Psl Limited has informed the Exchange that the Company has bagged against Global competition a prestigious contract for supply of pre coated API 5L Gr B (PSL 2) Spiral Weld Pipes valuing over US$ 20.0 million for meeting the requirements of MINISTRY OF HOUSING ELECTRICITY & WATER (MHEW) - OMAN. The contract in question is related to a major water pipe line projects connecting different cities of Oman with cross country trunk water pipe line projects and is for supply of "High Quality Pipes" meeting the stringent quality standards & demanding schedules of client / Installation contractors, with

Psl Limited has informed the Exchange that the Company being a key enabler for infrastructure and construction projects, engaged in a diverse range of pipe coatings and pipe manufacturing has now been awarded with a prestigious contract valuing over US$ 17 Million (equivalent to Rs.807.70 Million) to meet the requirement of High Pressure Gas Pipeline Projet from UAE. The said contract is for supply of 48" X 20.6 mm thick spiral saw weld pipes as per API 5L Gr X 65 specifications. The company has recently commissioned its State of the Art Two Step Pipe Mill at Kandla in Gujarat (thereby bringin

Psl Limited has informed the Exchange that the Company being the largest manufacturer of high-grade large diameter Helical Submerged Arc Welded (HSAW) Pipes in India has now been awarded with a prestigious contract valuing US$ 21 Million by Reliance Ports & Terminal Ltd.(RPTL) for anti corrosion & weight concrete pipe coating. The said contract which includes design, engineering, supply & installation of sacrificial anodes, fabrication and coating work of induction bends for subsea 48 " & 30" diameter pipelines for crude / product SPM systems for Reliance Jamnagar export refinery project, is e

Psl Limited has informed the Exchange that the Board of Directors of the Company in their Meeting have decided to close the Register of Members and other Transfer Books of the Company with a view to enable the Company to make payments of final dividend @ Rs.2.50 per share which is in addition to Interim Dividend paid @Rs.2.50 per share in February 2006, thus making a total Dividend of Rs. 5.00 per share for the Financial Year 2005-2006. The aforesaid Registers will closed from August 25,2006 to August 31,2006 (both days inclusive). The AGM has been scheduled to be held on August 31,2006.

Psl Limited has informed the Exchange that the Company being the largest manufacturer of high-grade large diameter Helical Submerged Arc Welded (HSAW) Pipes has been awarded with two new prestigious contracts having an aggregate value of Rs. 488 Crores as per following details:- (i) The first contract valuing Rs. 270 Crores has been awarded by L&T/ECC for ADB funded project for supply of pipes duly provided with external Anit-corrosion Coating & Internal Cement Lining for a water project in Rajasthan, and is to be completed by end 2007. The second contract valuing Rs. 218 Crores relates to the

Psl Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 28, 2006 has recommended a total dividend of Rs. 5.00 per share (inclusive of interim dividend of Rs. 2.50 per share paid in February 2006) on the fully paid up equity share of Rs. 10/- each. However, the final dividend of Rs. 2.50 per share recommended on June 28, 2006, shall be paid to all eligible members / beneficiaries after declaration of dividend by the shareholders at the next AGM.

Psl Limited has informed the Exchange regarding a press release about the company having emerged as lowest bidder in M/s GAIL's fast track project "Dabhol-Panvel Pipeline".The details of the press release titled "PSL has emerged as lowest bidders for GAIL's-'Dabhol-Panvel Pipeline'tender-Tender value Rs.218 crores-Third consecutive time PSL has received a project from GAIL" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Psl Limited has informed the Exchange that the Board of Directors, in their meeting held on May 22, 2006,apart from other items,have discussed and taken on record the following: (i) The Company had received an order of Rs. 181.5 Crores from M/S GAIL for supply of 164.5 Kms of pipe for their prestigious 'Dahej-Uran Pipeline Project (DUPL - II). (ii) The Company has also received a major water pipeline project from M/S Larsen & Toubro for supply of coated pipes worth Rs. 168 Crores (app.) (iii) The Board also accorded its in - principle approval for the proposed Investment in Company's project i

Psl Limited has informed the Exchange regarding a press release, dated, April 27, 2006, titled, "PSL emerged as the lowest bidder in GAIL's - DUPL tender - Tender valued at Rs. 181 crores - Second successive project from GAIL".The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Psl Limited has informed the Exchange that Citigroup Global Mkts (Mauritius) Pvt ltd has acquired 1,45,500 shares of the company aggregating to 0.45% of the total share capital of PSL Limited on April 18, 2006 and the Mode of acquisition is Secondary Market Purchase. The Shareholding of Citigroup Global Mkts (Mauritius) Pvt Ltd after the said acquisition is 17,30,595 shares aggregating to 5.39% of the total share capital of PSL Limited.

Psl Limited has informed the Exchange that Citigroup Global Mkts (Mauritius) Pvt ltd has acquired 1,45,500 shares of the company aggregating to 0.45% of the total share capital of PSL Limited on April 18, 2006 and the Mode of acquisition is Secondary Market Purchase. The Shareholding of Citigroup Global Mkts (Mauritius) Pvt Ltd after the said acquisition is 17,30,595 shares aggregating to 5.39% of the total share capital of PSL Limited.

Citibank, N.A. has informed the Exchange that Citigroup Global Mkts (Mauritius) Pvt ltd have acquired 145,500 shares aggregating to 0.45% of the total share capital of PSL Limited on April 18, 2006 and the Mode of acquisition is Secondary Market Purchase. The Shareholding of Global Mkts (Mauritius) Pvt Ltd after the said acquisition is 17,30,595 shares aggregating to 5.39% of the total share capital of PSL Limited.

Psl Limited has informed the Exchange that the Company is being awarded with a prestigious contract of Ministry of Housing, electricity and water, Sultanate of Oman for supply of API Grade Steel pipes. The total value of the project shall be equivalent to approximately Rs.85 crores.

Psl Limited has informed the Exchange that the company has initiated steps for setting up of a 75000 tonne per annum capacity mill in Jaipur. This is being done keeping in view the bright prospects of business in Northern India including Rajasthan.

Psl Limited has informed the Exchange that the Company has been able to execute the contract of Pipe Manufacturing awarded to the Company in June, 2005 by M/s. Hindustan Petroleum Corporation Limited (HPCL) for its project namely Mundhra-Delhi Pipeline Project three months ahead of contracted date of April 2006. The said HPCL Contract valuing Rs.203 Crores involved a responsibility of manufacturing and supply of 736 KMs Pipes. Such Phenomenal achievement was possible due to the enhancement in company's production capabilities carried out recently.

Psl Limited has informed the Exchange that for the FY 2005-06, the Board has approved payment of interim dividend @ Rs.2.50 per equity share of Rs.10/- each fully paid up.