TATASTLBSL

Bhushan Steel Limited has informed the Exchange that the Committee of the Board of Directors for Preference Shares - Series II of the Company at their meeting held on March 31, 2010 has allotted 2333500 nos. 10% Redeemable Cumulative Preference Shares and consequent upon this allotment the paid-up capital of the Company has been increased by Rs. 2333.50 Lacs.

Bhushan Steel Limited had informed the Exchange that the Company propose to set up a value added steel plant in the State of Karnataka with a production capacity of 0.6 million TPA with the total investment of approximately Rs. 28000 Crores. The Company has now informed that "Inadvertently production capacity was mentioned as 0.6 million TPA instead of 6.0 million TPA."

Bhushan Steel Limited has informed the Exchange that the Company propose to set up a value added steel plant in the State of Karnataka with a production capacity of 0.6 million TPA with the total investment of approximately Rs. 28000 Crores.

Bhushan Steel Limited has informed the Exchange that:"Life Insurance Corporation of India has appointed Smt. Sunita Sharma, their representative as a Nominee Director on the Board of the Company".

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 142900 lacs for quarter ending on 31-DEC-2009 against Rs. 100233 lacs for the quarter ending on 31-DEC-2008. Net Profit / (Loss) of Rs. 22743 lacs for the quarter ending on 31-DEC-2009 against Rs. 2074 lacs for the quarter ending on 31-DEC-2008.

Bhushan Steel Limited has informed the Exchange that the Company propose to sign the following agreements with Japan's Sumitomo Metal Industries in respect to its project in Orissa: (1) For technical know-how and (2) For marketing tie-up for selling of produce of Orissa Plant. Further the Company also explores Joint Venture Possibility with Sumitomo Metal Industries for its proposed project at West Bengal.

Bhushan Steel Limited has informed the Exchange that the Chairman of the Company declared results on the voting by Postal Ballot held on December 02, 2009 vide which it has been resolved to Increase the Authorised Share Capital and Amendment in Memorandum and Articles of Association of the Company. Further the company has submitted a certified copy of proceedings conducted pursuant to section 192A (2) of the Companies Act, 1956 relating to declaration of the results on the voting by Postal Ballot held on December 02, 2009 vide which it has been resolved to increase the Authorised Share Capital

Bhushan Steel Limited has informed the Exchange that pursuant to section 192A(2) of the Companies Act, 1956, read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the following Special Resolution(s) are proposed to be passed by means of Postal Ballot under the said rules 1) Increase in Authorised Share Capital of the Company 2) Amendment in Memorandum and Articles of Association of the Company. A copy of the notice of postal ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Co

Bhushan Steel Limited has informed the Exchange that: "w.e.f. 22-10-2009 Sh. Ravi Kant Srivastava has vacated his office as a Independent Non-Executive Director on the Board of the Company".

Bhushan Steel Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the shareholders of the company held on September 26, 2009. 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/Bhushan_AGMMin_28102009.zip target=NEW> For more details click here.</a>

Bhushan Steel Limited has informed the Exchange that the Meeting of the Board of Directors of the Company held on October 22, 2009 decided to increase the Authorised Capital of the Company from Rs. 95,00,00,000 (Rupees Ninety Five Crores only) to Rs. 125,00,00,000 (Rupees One Hundred Twenty Five Crores only) by creation of 30,00,000 (Thirty Lacs only) Preference Shares of Rs. 100/- each and consequential changes in Memorandum and Articles of Association of the Company through the process of Postal Ballot.

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 260318 lacs for half year ending on 30-SEP-2009 against Rs. 283528 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 36103 lacs for the half year ending on 30-SEP-2009 against Rs. 27565 lacs for the half year ending on 30-SEP-2008.

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 129848 lacs for quarter ending on 30-SEP-2009 against Rs. 151549 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 18916 lacs for the quarter ending on 30-SEP-2009 against Rs. 14297 lacs for the quarter ending on 30-SEP-2008.

Bhushan Steel Limited has informed the Exchange that w.e.f. October 13, 2009 Sh. M.V. Suryanarayana has been appointed as an Additional Director on the Board of the Company as a Independent Non-Executive Director.

Bhushan Steel Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 26, 2009. 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/bhushan_procedd_29092009.zip target=NEW> For more details click here.</a>

Bhushan Steel Limited has submitted to the Exchange a copy of the Notice of the Annual General Meeting of the Members of the company which is scheduled to be held on September 26, 2009. 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/Bhushanstl_AGMNot_17092009.zip target=NEW> For more details click here.</a>

Bhushan Steel Limited has informed the Exchange that : "Sh. M.V. Suryanarayana, Nominee Director of Life Insurance Corporation of India (LIC) on the Board of the Company has been withdrawn as Nominee Director from the Board of the Company w.e.f. 13.08.2009".

Bhushan Steel Limited has submitted to the Exchange a copy of a Statement of Appropriation for the year ended March 31, 2009, pursuant to clause 20 of the listing agreement. 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/Bhushan_84_30072009.zip target=NEW> For more details click here.</a>

Bhushan Steel Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from September 21, 2009 to September 26, 2009 (both days inclusive) for the purpose of Declaration of Dividend on Equity Shares for the year 2008-2009 at the Annual General Meeting of the Members of the Company fixed for September 26, 2009.

Bhushan Steel Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 30, 2009, considered and recommended, dividend on Equity Shares @ Rs.2.50 per share, for the year ended March 31, 2009.

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 495748 lacs for year ending on 31-MAR-2009 against Rs. 420529 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 42130 lacs for the year ending on 31-MAR-2009 against Rs. 42373 lacs for the year ending on 31-MAR-2008.

Bhushan Steel Limited has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 496125 lacs for year ending on 31-MAR-2009 against Rs. 420529 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 42475 lacs for the year ending on 31-MAR-2009 against Rs. 42377 lacs for the year ending on 31-MAR-2008.

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 130470 lacs for quarter ending on 30-JUN-2009 against Rs. 131979 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 17187 lacs for the quarter ending on 30-JUN-2009 against Rs. 13268 lacs for the quarter ending on 30-JUN-2008.

Bhushan Steel Limited has informed the Exchange regarding acquisition of equity shares of Orissa Sponge Iron & Steel Limited by Bhushan Energy 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/BHUSHANSTEEL_UPDATES_06052009.zip target=NEW> For more details click here.</a>

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2009 as follows: Net Sales of Rs. 111995 lacs for quarter ending on 31-MAR-2009 against Rs. 121507 lacs for the quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 11640 lacs for the quarter ending on 31-MAR-2009 against Rs. 13500 lacs for the quarter ending on 31-MAR-2008.

Bhushan Steel Limited has informed the Exchange that Sh. Sandeep Bakhshi, Nominee Director of ICICI Bank Limited on the Board of the Company has been withdrawn as Nominee Director from the Board of the Company w.e.f. March 26, 2009.

Bhushan Steel Limited has informed the Exchange that "The Public Announcement is being issued by IDFC-SSKI Limited (as the "Manager to the Offer"), on behalf of Bhushan energy Limited (as the "Acquirer" or "BEL"), along with Mr. Brij Bhushan Singal, Mr. Neeraj Singal, BNS Steel Private Limited, BBN Transportation Private Limited, BNR Infotech Private Limited, BNR Consultancy Services Private Limited and Bhushan Steel Limited (together referred to as "Persons Acting in Concert" or "PACs"), to the shareholders of Orissa Sponge Iron & Steel Limited (hereinafter referred to as the "Target Company"

Bhushan Steel Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31, 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/BHUSANSTL_LR_19022009.ZIP target=NEW> For more details click here.</a>

Bhushan Steel Limited has submitted to the Exchange disclosure under Regulation 8A (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation ,1997. 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/bhushansteel_Reg_11022009.zip target=NEW> For more details click here.</a>

Bhushan Steel Limited has informed the Exchange that the Meeting of the Board of Directors of the Company held on January 31, 2009 inter alia, considered and approved (1) Authority to issue 15,00,000, 10% Redeemable cumulative Preference Shares of Rs.100 each to be issued @ Rs.3000 per share (including premium of Rs. 2900 per share) aggregating to Rs.450 Crores in one or more tranches.

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 100233 lacs for quarter ending on 31-DEC-2008 against Rs. 98273 lacs for the quarter ending on 31-DEC-2007. Net Profit / (Loss) of Rs. 2074 lacs for the quarter ending on 31-DEC-2008 against Rs. 7457 lacs for the quarter ending on 31-DEC-2007.

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 283528 lacs for half year ending on 30-SEP-2008 against Rs. 200615 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 27565 lacs for the half year ending on 30-SEP-2008 against Rs. 20155 lacs for the half year ending on 30-SEP-2007.

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 151549 lacs for quarter ending on 30-SEP-2008 against Rs. 106812 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 14297 lacs for the quarter ending on 30-SEP-2008 against Rs. 10341 lacs for the quarter ending on 30-SEP-2007.

Archana Mittal has informed the Exchange that she proposes to acquire 1,00,000 Equity shares aggregating to 0.24% of the shares/voting rights of Bhushan Steel Limited from Sh. Brij Bhushan Singal. The mode of proposed acquisition is by way of Inter se transfer among Promoters and the date of proposed acquisition is October 24, 2008. The proposed acquisition price per share is Nil - Sh. Brij Bhushan Singal (Father) proposed to Gift the said shares to Smt. Archana Mittal (Daughter). The shareholding of Archana Mittal after the proposed acquisition would be 24,98,215 shares aggregating to 5.88% o

Bhushan Steel Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the members of the Company held on September 22, 2008. 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/bHUSHAN_agm_03102008.zip target=NEW> For more details click here.</a>

Bhushan Steel Limited has informed the Exchange that w.e.f September 23, 2008 Sh. B.B Tandon has been appointed as an Additional Director on the Board of the Company as an Independent Non-Executive Director.

Bhushan Steel Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from September 19, 2008 to September 22, 2008 (both days inclusive) for the purposes of Declaration of Dividend on Equity Shares for the year 2007-2008 at the Annual General Meeting of Members of the Company fixed for September 22, 2008.

Bhushan Steel Limited has submitted to the Exchange a copy of Statement of appropriations for the year ended March 31, 2008 (as per clause 20 of the listing agreement). 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/Bhushan_updates_28072008.zip target=NEW> For more details click here.</a>

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 131979 lacs for quarter ending on 30-JUN-2008 against Rs. 93803 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 13268 lacs for the quarter ending on 30-JUN-2008 against Rs. 9814 lacs for the quarter ending on 30-JUN-2007.

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 420529 lacs for year ending on 31-MAR-2008 against Rs. 383773 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 42373 lacs for the year ending on 31-MAR-2008 against Rs. 31326 lacs for the year ending on 31-MAR-2007.

Bhushan Steel Limited has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 420529 lacs for year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 42377 lacs for the year ending on 31-MAR-2008.

Bhushan Steel Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 28, 2008 has recommended dividend on Equity Shares @ 25% for the Year ended March 31, 2008.

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 121507 lacs for quarter ending on 31-MAR-2008 against Rs. 105466 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 13500 lacs for the quarter ending on 31-MAR-2008 against Rs. 10970 lacs for the quarter ending on 31-MAR-2007.

Bhushan Steel Limited has informed the Exchange that : "The company propose to set up a value added steel plant in Chennai with a production capacity of 0.5 million TPA with the total investment of approximately Rs. 500 crores."

Bhushan Steel Limited has informed the Exchange that: "The company has signed two Joint Ventures with Bowen Energy Ltd., Australia regarding exploration and commissioning of coal mine(s) in Australia."

Bhushan Steel Limited has informed the Exchange that "The company propose to execute MOU with wholly owned Undertaking / Govt. of Madhya Pradesh for setting up manufacturing facilities in the state of Madhya Pradesh for 1 MTPA Coke Oven Plant and 5 MTPA Cement Plant, with the total investment of approximately Rs.4000 crores in phases".

Bhushan Steel Limited has informed the Exchange regarding the news item appearing in one of the financial newspaper dated February 07, 2008, titled "Bhushan lines up Rs 26,000 cr for 12 mt capacity in east India". In this regard, the Company has confirmed the Exchange that the Company is setting up projects in the eastern region comprising of West Bengal, Jharkhand and Orissa with total investment around Rs 26,000 Crore to build 12 million tonne capacity as detailed here under: 1) Production Facilities: Backward Integration Hot Rolled Coil project in the State of Orissa; Capacity: 4 Million To

Bhushan Steel Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on January 31, 2008 inter-alia considered and approved the following: To enter into agreement with Sumitomo Metal Industries Ltd. for technical assistance concerning the production of high-tensile steel sheet and the construction and operation for Orissa Project and supply of hot-rolled steel coils.

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 98273 lacs for quarter ending on 31-DEC-2007 against Rs. 100081 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 7457 lacs for the quarter ending on 31-DEC-2007 against Rs. 7172 lacs for the quarter ending on 31-DEC-2006.

News Verification : The media had reports that Bhushan Steel Limited may dilute its stake to fund expansion plans. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Bhushan Steel Limited has vide its letter inter-alia stated, "In this connection we have to inform that as on date the Company neither has any plan nor had any conversation with any body in the past regarding diluting the stake. There is no substance in t