TATASTLBSL

Bhushan Steel Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2014, has considered and approved: 1. Final Dividend on 997184 redeemable cumulative Preference Shares recommended for the year ended March 31, 2014 at applicable rates. Further Interim Dividend paid on redeemable cumulative Preference Shares on redemption pursuant to Board Resolutions shall be treated as final Dividend. 2. Dividend on Equity Shares @ Re. 0.50 per share recommended for the year ended March 31, 2014.

Bhushan Steel Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2013, inter alia, considered and approved : (1) Final Dividend on 1610000 redeemable cumulative Preference Shares recommended for the year ended March 31, 2013 at applicable rates. Further Interim Dividend paid on redeemable cumulative Preference Shares for the year ended March 31, 2013 pursuant to Board Resolution dated March 23, 2013 shall be treated as final Dividend; (2) Dividend on Equity Shares @ Re. 0.50 per share recommended for the year ended March 31, 2013.

Bhushan Steel Limited has informed the Exchange that the Board of Directors in their meeting held on July 31, 2012 have recommended 1) Dividend on preference Shares @ Rs. 10.00 per share for the year ended March 31, 2012 proportionately from the date of allotment till year ended March 31, 2012 and 2) Dividend on Equity Shares @ Re. 0.50 per share for the year ended March 31, 2012.

Bhushan Steel Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 29, 2011, inter alia, has considered and approved the following: (1) Dividend recommended on preference shares (1) @ Rs. 10.00 per share for the year ended March 31, 2011 and (2) @ Rs. 10.00 per share, (3) @ Rs. 4.00 per share and (4) @ Rs 25.00 per share proportionately from the date of allotment till year ended March 31, 2011. (2) Dividend on Equity Shares Re. 0.50 per share recommended for the year ended March 31, 2011.

Bhushan Steel Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 31, 2010 inter-alia, considered and approved : (1) Dividend on Preference Shares @ Rs. 1.00 per share proportionately from the date of allotment till Year ended March 31, 2010; (2) Dividend on Equity Shares @ Rs. 2.50 per share recommended for the Year ended March 31, 2010.

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 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 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 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 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 Board in its meeting held on January 31,2005 recommended Interim Dividend @10% for the year 2004-2005.