TATASTLBSL

Bhushan Steel Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 106812 lacs for quarter ending on 30-SEP-2007 against Rs. 99471 lacs for the quarter ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 10341 lacs for the quarter ending on 30-SEP-2007 against Rs. 6959 lacs for the quarter ending on 30-SEP-2006.

Bhushan Steel Limited has submitted to the Exchange a copy of the proceedings of Annual General Meeting of the Company held on September 17, 2007. 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_agm_151007.zip target=NEW> For more details click here.</a>

Bhushan Steel Limited has informed the Exchange that the Annual General Meeting of Shareholders of the Company held on September 17, 2007 inter-alia, considered and approved the following:- (1) Declared Dividend on Equity Shares. (2) Re-appointment of Sh. Ravi Kant Srivastava, who retires by rotation and being eligible, offers himself for reappointment. (3) Reappointment of Sh. Neeraj Singal, who retires by rotation and being eligible, offers himself for reappointment. (4) Reappointment of M/s Mehra Goel & Co (5) Approval for amendment in Article regarding Dividend Payment on pari passu basis.

Bhushan Steel Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from September 13, 2007 to September 15, 2007 (both days inclusive) for the purposes of Declaration of Dividend on Equity Shares for the year 2006-2007 at the Annual General Meeting of Members of the Company fixed for September 17, 2007.

Bhushan Steels & Strips Ltd has informed the Exchange that "For supply of coal for our plant at Orissa, the company has entered into MOU with Bowen Energy Limited (BWN) of Australia. In order ensure regular supply of coal, the management decided to take 15% stake in the said Australian Exploration Company Bowen Energy Limited. This is a step towards vendor development ensuring regular supply of one of the major inputs for manufacture of steel".

Members of the Exchange are hereby informed that the name of Bhushan Steels & Strips Ltd shall be changed Bhushan Steel Limited w.e.f. June 5, 2007.

News Verification : The media had reports that Bhushan Steels & Strips Ltd is set to pick up a 15% stake in Australian exploration company Bowen Energy. 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 Steels & Strips Ltd has vide its letter inter-alia stated, "For supply of coal for our plant at Orissa, the company has entered into MOU with Bowen Energy Limited (BWN) of Australia. In order to ensure regular

Bhushan Steels & Strips Ltd has submitted to the Exchange a copy of the Statement of Appropriation for the year ended March 31, 2007, pursuant to clause 20(b) of the Listing Agreement. 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/bhushan_cl20_040507.zip target=NEW> For more details click here.</a>

Bhushan Steels & Strips Ltd has informed the Exchange that "Sh. Ashok Kumar Khushu, ceased to be a Director of the Comapny w.e.f. 30/04/2007."

Bhushan Steels & Strips Ltd has informed the Exchange that the Board of Directors at its meeting held on April 30, 2007 declared Recommendation of Dividend @25% for the Year ended 31st March 2007".

Bhushan Steels & Strips Ltd has submitted to the Exchange 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 6th April, 2007 vide which it has been resolved to change the name of the Company from Bhushan Steel & Strips Ltd. to Bhushan Steel Limited. A certified copy of proceedings 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/corporat

Bhushan Steels & Strips Ltd 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 that the resolution for the purpose of change of name of the Company is proposed to be passed as a Special Resolution by way of Postal Ballot. The Company has appointed Mr. R.S. Bhatia, a practicing Company Secretary, as the scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed form should reach the scrutinizer on or before the close of working hour

Bhushan Steels & Strips Ltd has informed the Exchange that: "The Meeting of the Board of Directors of the Company held on Monday, the January 22, 2007 inter-alia, considered and approved : 1) Unaudited Quarterly Financial Results for the 3rd Quarter ended December 31, 2006. 2) Setting up of Integrated Steel Plant in the State of West Bengal for having facilities of Steel Slab Plant, Coke Oven Plant, Captive Power Plant etc. 3) To set up a 6.0 MTPA Integrated Steel and Power Plant as an expansion of Company's existing plant being set up at Meramandali, Distt. Dhenkanal & Angul, Orissa".

Bhushan Steels & Strips Ltd has informed the Exchange that Sh. Sanjay Singal, ceased to be a Director of the Company w.e.f. October 18,2006.

Bhushan Steels & Strips Ltd has informed the Exchange that the Committee of Board of Directors on October 25, 2006 in accordance with the terms of issue, allotted 12,00,000 Nos. of Equity Shares of Rs.10/- each at a premium of Rs.190/- aggregating to Rs.24.00 Crores (Rs.3.60 Crores i.e. Rs.30/- per warrant was already received alongwith the application) in conversion of Warrants allotted on Preferential basis.

Bhushan Steels & Strips Ltd has submitted to the Exchange a copy of the minutes of the AGM of the Company held on September 20, 2006. The details of the minutes 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_161006.zip target=NEW> For more details click here.</a>

Bhushan Steels & Strips Ltd has informed the Exchange that the company has submitted application for voluntary de-listing of Company's Equity Shares from the Calcutta Stock Association Ltd. pursuant to Clause 5.2 of SEBI (De-listing of Securities) Guidelines, 2003. The Company has further informed the Exchange that the Calcutta Stock Exchange Association Limited vide their letter dated August 29, 2006 accorded their approval for De-listing of Securities of the Company w.e.f. August 30, 2006.

Bhushan Steels & Strips Ltd has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from September 18,2006 to September 20,2006 (both days inclusive) for the purposes of Declaration of Dividend on Equity Shares for the year 2005-2006 at the AGM of Members of the Company fixed for September 20,2006.

Bhushan Steels & Strips Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on July 19,2006, Inter-alia, considered and approved :- To raise additional funds by way of ADRs/GDRs and FCCBs.

Bhushan Steels & Strips Ltd has submitted to the Exchange a 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 June 16, 2006. 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).

Bhushan Steels & Strips Ltd 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 that the following Resolutions for the purpose of altering the object clause of the Memoradum of Association of the Company, change of name of the Company and appointment of Smt. Archana Khushu are proposed to be passed as Special Resolution by way of Postal Bollot. The Company has appointed Mr. R.S. Bhatia, Practicing Company Secretary, as the Scrutinizer for conducting the Postal Ballot process in

Bhushan Steels & Strips Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on April 30, 2006 have noted the Appointment of Sh.Sandeep Bakshi in place of Sh. J.K. Jain, as Nominee Director of ICICI Bank Ltd.

Bhushan Steels & Strips Ltd has informed the Exchange that the BoDs at its meeting held on April 30, 2006, considered and approved : Recommendation of dividend @25% for the year ended March 31, 2006.

Bhushan Steels & Strips Ltd has informed the Exchange that during the quarter ended March 31, 2006, the Company has raised Rs.10.50 Crore through issue of Equity shares on Preferential basis for Company's Intergrated Steel & Power Plant being set up in the State of Orissa. The same has been utilized in full for the purpose of implementation of project as mentioned in the explanatory statement of notice dated Feburary 28, 2006 vide which special resolution for issue of equity shares on preferential basis was passed.

Bhushan Steels & Strips Ltd has informed the Exchange regarding the News published on April 28, 2006 in "The Times of India", New Delhi Newspaper for alleged Duty Evasion of over Rs.50 Crore. The news mentioned R. P. Goyal, Director of Bhushan Steel arrested in the last week of March, is out on bail after paying back Rs 4 Crore out of the amount his company is alleged to have swindled. In this connection the company has clarified as follows : "we have to clarify that the name of Bhushan steel has been wrongly mentioned in the news published in the Newspaper. Neither R. P. Goyal is a Director o

Bhushan Steels & Strips Ltd has submitted to the Exchange a copy of the minutes of the EGM of shareholders of the Company held on March 28, 2006. The copy of the minutes shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Bhushan Steels & Strips Ltd has informed the Exchange that the Committee of Board of Directors of the Company at their Meeting held on March 31, 2006 accorded their approval for allotment of 5,00,000 Equity Shares of Rs 10/- each at a price of Rs 210/- Per share (Face Value of Rs 10/- per share and a premiun of Rs 200/- per share) in cash aggregating to Rs 10.50 Crores on Preferential basis.

Bhushan Steels & Strips Ltd has informed the Exchange that the EGM of the Shareholders of the Company held on March 28, 2006 accorded their approval for the following :- (1) Issue of 5,00,000 Equity Shares of Rs.10/- each at a premium of Rs.200/- per share aggregating to Rs.10.50 Crores on Preferential Basis. (2) increase in remuneration of Shri. Ashok Kumar Khushu as Whole-time Director w.e.f. January 01, 2006.

Bhushan Steels & Strips Ltd has submitted to the Exchange a copy of the Notice of the EGM of the Shareholders of the Company to be held on March 28, 2006. 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).

Bhushan Steels & Strips Ltd has informed the Exchange that the Meeting of the Board of Directors of the Company held on January 31, 2006, inter-alia, considered and approved :- Raising of further capital on Preferential basis by issue of 523808 Equity Shares of Rs.10/- each at a price of Rs.210/- (face value of Rs.10/- per share and a premium of Rs.200/- per share) aggregating to Rs.11.00 Crores.

Bhushan Steels & Strips Ltd has submitted to the Exchange a copy of the proceedings relating to Declaration of Results on voting by postal ballot. 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/CorporateAnnouncements).

Bhushan Steels & Strips Ltd has informed the Exchange that ICICI Bank Ltd vide their letter dated November 28, 2005 appointed Sh.J.K. Jain in place of Sh.Subir Bisht as their Nominee Director on the Board of Directors of the Company.

Bhushan Steels & Strips Ltd has informed the Exchange that the result in respect of the Postal Ballot circulated to shareholders regarding alteration of Object Clause has been declared on December 13, 2005 and the Special Resolution in this regard has been passed with over whelming majority.

Bhushan Steels & Strips Ltd 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 Resolution for the purpose of altering the object clause of the Memorandum of Association of the Company, is proposed to be passed as Special Resolution by way of Postal Ballot. The Company has appointed Mr. R.S. Bhatia, Practising Company Secretary, as the scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed Postal Ballot form should reach the

Bhushan Steels & Strips Ltd has informed the Exchange that the BODs of the Company at their meeting held on October 26, 2005 have accorded their approval for appointment of Sh. V.K. Mehrotra as additional Director on the Board of the Company w.e.f. October 26, 2005.

Bhushan Steels & Strips Ltd has informed the Exchange that the BODs of the Company at its meeting held on October 26, 2005, subject to necessary approvals, accorded their consent for the alteration of the "Main Objects" of the Memorandum of Association of the Company by adding the following new clause after existing Clause No. III (A) (iii):- "To act as consultant, advisor, conciliator in all its branches such as commercial, industrial, manufacturing, production, engineering, marketing, sales promotion, corporate management, business management, banking, loan syndication, research and develop

Bhushan Steels & Strips Ltd has submitted to the Exchange a copy of the public notice published on October 06, 2005 as required under Section 640B of the Companies Act, 1956 regarding Company's intention to apply to the Central Government for increase in the number of directors of the Company from 12 to 20 pursuant to Special Resolution passed by the shareholders at their AGM held on September 14, 2005. 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).

Bhushan Steels & Strips Ltd has submitted to the Exchange a copy of the proceedings of the AGM of the Company held on September 14, 2005. 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/CorporateAnnouncements).

Bhushan Steels & Strips Ltd has announced the book closure from September 12, 2005 to September 14, 2005 for the purposes of decalration of Final Dividend on Equity Shares for the year 2004-05 and AGM of the members of the Company fixed for September 14, 2005.

Bhushan Steels & Strips Ltd has informed the Exchange that the Board of Directors of the company at their Meeting held on July 25, 2005 have accorded their approval for: 1) Acceptance of Resignation of SH. R. P. Goyal, as a Director w.e.f. July 25, 2005. 2) Appointment of SH. RAVI KANT SHRIVASTAVA, as Additional Director w.e.f. July 25, 2005. 3) Appointment of SH. NITTIN JOHARI, as Whole-Time Director (Finance) w.e.f. July 25, 2005. 4) Appointment of SH. RAHUL SEN GUPTA, as Whole-Time Director (Technical) w.e.f. July 25, 2005.

Bhushan Steels & Strips Ltd has submitted to the Exchange a copy of the minutes of EGM of the company held on April 14, 2005. A copy of the minutes shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Bhushan Steels & Strips Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on April 30, 2005, inter-alia, considered and approved recommendation of Final Dividend @ 15% for the Year ended March 31, 2005.

Bhushan Steels & Strips Ltd has informed the Exchange that the EGM of the Shareholders of the Company has been held on April 14, 2005 and accorded their approval for the following:- 1) Preferential issue of 3,00,000 Equity Shares of Rs.10/- each at a premium of Rs.190/- per share and 12,00,000/- warrants at a price of Rs.200/- per warrant. 2) Payment of Sitting fees to Non Executive Directors for attending meetings. 3) Re-appointment of Sh. Ashok Kumar as whole-time Director. 4) Appointment of Smt. Ritu Singal as Senior Executive of the Company.

Bhushan Steels & Strips Ltd has informed the Exchange that the EGM of the shareholders of the company will be held on April 14, 2005. The details of the notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Bhushan Steels & Strips Ltd has informed the Exchange that the Board of Directors of the Company at its Meeting held on March 29, 2005, inter-alia considered and approved the following: To raise additional funds by way of Right issue to the existing Shareholders of the Company for total sum not exceeding Rs.150.00 Crores. For this purpose Board constituted a Committee of Board of Directors to look into the various aspects of this proposal as to the Numbers of Shares, Amount of Premium, with or without Detachable Warrants, fixing of the Record Date etc, as the Committee may decide in consultati

Archana Mittal has (on her own behalf as well as that of Smt. Pushpa Garg under her authority) informed the Exchange of the following acquisition : 1) Mrs. Archana Mittal has acquired 10,10,808 shares aggregating 2.49% of the total paid up capital of Bhushan Steel & Strips Ltd. and her shareholding after the said acquisition is 2398215 shares aggregating 5.92% of the total paid up capital of the Company. 2) Mrs. Pushpa Garg has acquired 200,000 shares aggregating 0.49% of the total paid up capital of Bhushan Steel & Strips Ltd. and her shareholding after the said acquisition is 200,000 shares

Bhushan Steels & Strips Ltd has informed the Exchange that at the meeting of Board of Directors of the Company held on March 19,2005 had considered and approved Preferential issue of Securities / Instruments having an aggregate value not exceeding Rs. 30.00 Crores (Rupees Thirty Crores Only) subject to the required approvals, including approval of Members of the Company. The said preferential issue will result in issue of equity shares or warrants or other instruments / securities converting into equity shares on a pari passu basis.

Archana Mittal had informed the Exchange regarding the proposed acquisition of 12,10,808 shares of Bhushan Steel & Strips Limited on March 02, 2005. She has now informed (on her own behalf as well as that of Smt. Pushpa Garg under her authority) that the earlier intimation of proposed acquisition should be treated as withdrawn and the following be considered as fresh intimation: Smt. Archana Mittal along with Smt. Pushpa Garg propose to acquire 12,10,808 shares aggregating to 2.99% of the share capital of Bhushan Steel and Strips Limited from Smt. Shanti Devi. The date of proposed acquisition

Archana Mittal,(one of the promoters of Bhushan Steel and Strips Ltd. has informed the Exchange that she proposes to acquire 12,10,808 shares aggregating to 2.99% of the share capital of Bhushan Steel and StripsLimited. The date of proposed acquisition is March 02, 2005 and there will be no price of the proposed acquisition as Smt. Shanti Devi proposed to GIFT the said shares to Smt. Archana Mittal . The mode of proposed acquisition shall be by way of inter-se transfer amongst the promoters and the shareholding of Archana Mittal after the proposed acquisition will be 25,98,215 shares aggregati

Bhushan Steels & Strips Ltd has informed the Exchange that the Board in its meeting held on January 31,2005 recommended Interim Dividend @10% for the year 2004-2005.