PSL

PSL Limited has informed the Exchange regarding 'Update on status of Company's application pending with NCLT, Ahmedabad'.

PSL Limited has informed the Exchange regarding 'Submission of Notice of Published in newspaper with respect to transfer of Shares to IEPF Authority.'.

The Exchange has sought clarification from the Company with respect to news item captioned "PSL Limited files for insolvency" . In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information that has not been announced to

PSL Limited has submitted to the Exchange a copy of Notice published in newspaper with respect to transfer of Shares to IEPF Suspense Account

PSL Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on February 09, 2016 has authorised Mr. Ashok Punj, Managing Director of the Company for making disclosures pursuant to policy of Determining Materiality of Events or Informations.

PSL Limited has informed the Exchange that this is further to Company's earlier communication dated July 9, 2015 vide which Company had informed the Exchange about the Company making a reference to BIFR under section 15(1)o f Sick Industrial Companies Act, since the accumulated losses exceeded the net worth of the Company.Now it is to further inform the Exchange that the aforesaid reference has been registered with the BIFR as communicated to Company vide letter dated September 9,2015 of the Registrar of BIFR received by the Company on September 14, 2015.

PSL Limited has informed the Exchange vide letter dated July 09, 2015 that further to an earlier communication from them vide which they had informed the Exchange about a decision of Board of Directors according its approval to company making reference to BIFR in accordance with the provisions of Section 15(i) of Sick Industrial Companies Act since the accumulated losses exceeded the networth of the company .Through this note the Company has informed that the Company has recently implemented the Board's decision by making the necessary reference to BIFR with a request for registration of Compa

PSL Limited has informed the Exchange that in order to meet the operating costs of Company's units at Varsana, Vizag, Vaiyavoor and Jaipur so as to improve overall financial performance of the Company which has been adversely affected lately due to ongoing CDR process the Company has entered into a comprehensive agreement for Operations, Maintenance and Management of these units with Jindal Tubular (India) Ltd., - the wholly owned subsidiary of a listed Company namely Jindal Saw Limited for one year. The management of the Company feels that the broad terms and conditions on which the said Agre

PSL Limited has informed the Exchange that with reference to their letter dated June 30, 2014 their two subsidiaries namely PSL, USA, INC and PSL North America LLC have filed Chapter 11 proceeding before the bankruptcy Court of district of Delaware USA. The United States Bankruptcy court has now passed an order for : (1). Authorizing and approving the sale of substantially all of PSL North America LLC's assets to Jindal Tubular USA LLC in accordance with the terms of the Asset Purchase Agreement, free and clear of all liens, claims, encumbrances and other interest. (2). Approving the assumptio

PSL Limited has informed the Exchange that in view of continuous losses in the following two overseas subsidiaries of the Company the said subsidiaries have filed Chapter 11 proceedings in the relevant Courts in USA: (1) PSL USA INC.: Wholly owned subsidiary of the Company. (2) PSL North America LLC: A Subsidiary and Joint Venture of the Company.

PSL Limited has informed the Exchange that the Board of Directors of the Company has given its consent for seeking shareholders approval by way of Special Resolutions through Postal Ballot under Section 110 of the Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014 on the following matters: (i) Confirm and ratify the restructuring of the Company s Debts as per the scheme/package approved by the CDR Empowered Group on August 23, 2013. (ii) Issuance of equity shares on preferential basis to Promoters/Promoters Group/Promoter Group s entities and Lenders

PSL Limited has informed the Exchange vide letter dated May 18, 2013 regarding "Admission of PSL's Proposal to CDR".

PSL Limited has informed the Exchange that the CDR Cell in its meeting concluded on March 07, 2013, has taken up the matter pertaining to Corporate Debt Restructuring of the Company.

Psl Limited has informed the Exchange vide its letter dated April 11, 2012 that "PSL SECURES ORDER FROM INDIAN OIL CORPORATION LIMITED CUMULATING OVER RS. 570 CRORES".

Psl Limited has informed the Exchange that "PSL and Its Foreign Subsidiary Bagged various orders cumulating over Rs. 742 Crores".

Psl Limited has informed the Exchange vide its letter dated January 10, 2012, that "PSL Receives an Order Valuing Over Rs.280 Crores for NC 30 Project of Gujarat Water Infrastructure Limited".

Psl Limited has informed the Exchange vide its letter dated January 04, 2012 "PSL Secures Prestigious Orders Totaling Rs.924 Crores From Leading Engineering And Construction Companies".

Psl Limited has informed the Exchange regarding "Procurement of orders aggregating to about Rs. 270 Crores for Shale Gas Projects in USA"

Psl Limited has informed the Exchange that the leading Public Sector Company namely NTPC Limited has on June 29, 2011 awarded to the Company a Contract valuing Rs.231.83 Crores for supply of Make-up Water Pipes Package for its Solapur Super Thermal Power Project (2x660MW). The aforesaid awarded Contract comprises of work of design, manufacture, testing, inspection, transportation, delivery etc. with respect to above stated supply.

Psl Limited has informed the Exchange vide its letter dated June 14, 2011, that "PSL Secures Prestigious Orders Totaling Rs.753 Crores From GAIL (India) Limited".

Psl Limited has informed the Exchange vide its letter dated March 22, 2011, that "PSL's Subsidiary receives Saudi Arabian order worth US $ 80 million".

Psl Limited had informed the Exchange that "we had issued Zero Coupon FCCB's worth USD 40 Million way back in September 2005. Although these bonds are redeemable on 7th September 2010, the holders of the bonds aggregating to USD 37.50 Million have already got them converted in accordance with an option available to them. Now that the bonds worth balance USD 2.5 Million are to be redeemed, we are making arrangements for the payment for the said bonds much before the said date, to the designated paying agent namely Deutsche Bank AG, London". The Company has now informed the Exchange that the sa

Psl Limited has informed the Exchange vide its letter dated September 28, 2010 that "PSL bags Fresh contracts for over Rs. 565 Crores".

Psl Limited has informed the Exchange that: "PSL Bags Fresh Contracts For Over Rs.425 Crores".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_update_06012010.zip target=NEW> For more details click here.</a>

Psl Limited has informed the Exchange regarding Award of yet another prestigious contracts from Gail India Limited valuing over Rs.210 Crores. 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_update_19082009.zip target=NEW> For more details click here.</a>

Psl Limited has informed the Exchange that the new Pipe Manufacturing Facility set up by Company's Subsidiary namely PSL North America LLC (PSL NA) at Port Bienville Industrial Park in the State of Mississippi, USA has been successfully commissioned consequent upon Rolling of Unit's First Pipe. The 100 Million US $ Facility on 156 acres of land is strategically located along the Gulf Coast just outside the Bay St. Louis. With the above mentioned development PSL NA has become the First and only Company amongst the new generation Two Step Mills to commence production in 2008. As it can now comme

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>