UTTAMSTL

Uttam Galva Steels Limited has submitted to the Exchange a copy of the Audited Financial Results for the Financial Year ended March 31, 2009 giving effect of Scheme of Arrangement (Demerger) as approved by Hon'ble High Court Judicature at Bombay and Hon'ble High Court of Bombay, Goa Bench vide their orders dated August 07, 2009 and August 17, 2009 respectively which was earlier approved by the Board on their Meeting held on May 09, 2009. Now again taken on record by the Board of Directors of the Company in their Meeting held on August 27, 2009. The details of the results shall be available on

Rajinder Miglani has informed the Exchange regarding Regulation 3(3) of SEBI (SAST), Regulation 1997 in respect of inter-se transfer of shares amongst the promoters on behalf of Rajinder Miglani, Mr. Anuj Miglani, Mr. Ankit Miglani and Mrs. Neelam Miglani. 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/uttamgalva_REG_28082009.zip target=NEW> For more details click here.</a>

Uttam Galva Steels Limited has informed the Exchange that "The Company has allotted 58,74,760 (Fifty Eight Lakhs Seventy Four Thousand Seven Hundred Sixty) Equity shares in the Board Meeting held today to the Shareholders of Shree Uttam Steel and Power Limited, pursuant to the Scheme of Arrangement (Demerger) between Shree Uttam Steel and Power Limited and Uttam Galva Steels Limited approved by Hon'ble High Court Judicature at Bombay and Hon'ble High Court of Bombay, Goa Bench vide their orders dated August 07, 2009 & August 17, 2009 respectively, which has come into effect on August 21, 2009"

Uttam Galva Steels Limited has informed the Exchange that "The certified copies of the Orders of High Court Bombay, Goa Bench and Hon'ble High Court of Judicature at Bombay sanctioning the Scheme of Arrangement between Shree Uttam Steel and Power Limited and the Company for demerger of power division of Shree Uttam Steel and Power Limited into the Company from 1st April,2008 (Appointed date) have been filed electronically with the respective Registrar of Companies on 21st August,2009. With this, the Scheme has become effective from 21st August, 2009".

Uttam Galva Steels Limited has informed the Exchange that: "Scheme of Arrangement between Shree Uttam Steel and Power Limited and the Company for demerger of power division of Shree Uttam Steel and Power Limited into the Company has been approved by the High Court, Bombay and High Court, Goa Bench on 7th August, 2009 and 17th August, 2009 respectively".

Uttam Galva Steels Limited has informed the Exchange that "The Equity Shareholders of the company at its meeting convened as per the Order of the Hon'ble High Court of Judicature at Bombay, held on June 06, 2009 , have approved the Scheme of Arrangement between Shree Uttam Steel and Power Limited and company under Sections 391 to 394 of the Companies Act, 1956. The Votes in favour of the Resolution approving the Scheme of Arrangement were 99.99% of the total votes cast at the meeting".

Uttam Galva Steels Limited has informed the Exchange that by an order made on the 24th day of April 2009 in the Company, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of Uttam Galva Steels Limited be convened and held on June 06, 2009 for the purpose of considering, and, if thought fit, approving with or without modification(s), the proposed Scheme of Arrangement between Shree Uttam Steel and Power Limited and Uttam Galva Steels Limited.<a href=/content/corporate/uttamgalva_NOT_20052009.zip target=NEW> For more details click here.</a>

Uttam Galva Steels Limited has informed the Exchange that: "Shri S.P.Talwar has been appointed as additional Director (independent) on the Board of Directors of the Company".

Uttam Galva Steels Limited has informed the Exchange that : "In terms of the Facility Agreement(s) entered into between ICICI Bank and Uttam Galva Steels Ltd., ICICI Bank has withdrawn the nomination of Mr. Kishore Naik from the Board of our Company vide their letter No. NDC/U/040809 dated 08 April, 2009".

Uttam Galva Steels Limited has informed the Exchange that "The Management has decided to declare and publish Audited Financial Results for the Financial 2008-2009 in the month of May/June, 2009, instead of declaration and publication of Un-audited Financial Results for the quarter ending 31st March, 2009".

Uttam Galva Steels Limited has submitted to the Exchange the disclosure of shares pledged by the Promoters Group of the Company in compliance with Regulation 8A(4) of the SEBI (Substantial Acquisition of Shares and Takeover) (Amendment) Regulations, 2009. 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/UttamGalva_Pledge_12022009.zip target=NEW> For more details click here.</a>

Uttam Galva Steels Limited has informed the Exchange that "The Board of Directors of the Company at its meeting held on 31st January, 2009 has approved the Scheme of Arrangement for demerger of Power Division of Shree Uttam Steel and Power Limited into the Company subject to approval of the Stock Exchanges, its shareholders and creditors / lenders and Hon'ble High Courts and the necessary approvals under various statutes".

Uttam Galva Steels Limited has informed the Exchange that the Register of Members and the Share Transfer Books of the Company shall remain closed from July 15, 2008 to July 26, 2008 (both days inclusive) for the purpose of Annual General Meeting scheduled to be held on July 26, 2008 as decided by the Board of Directors as its meeting held on April 30, 2008.

Uttam Galva Steels Limited has informed the Exchange that: "The Company has proposed to set up a 60 MW captive coal fired Power Plant at Khopoli with an investment of Rs 300 crores approx, which is likely to be commissioned within 24 months"

Uttam Galva Steels Limited has informed the Exchange that the following decisions have been taken at the Meeting of the Board of Directors held on February 13, 2008:- Pursuant to Special Resolution passed under Section 81(1A) of the Companies Act, 1956, at the Extra-Ordinary General Meeting of the Company held on June 15, 2005, provision of SEBI (DIP) Guidelines, 2000 (as amended), listing agreement, and the In-principle Approval received from the Stock Exchanges under Clause 24A of the Listing Agreement, provisions of Offering Circular dated August 04, 2005 and Trust Deed dated August 09, 200

Uttam Galva Steels Limited has informed the Exchange regarding the outcome of the Board Meeting of the company held on January 31, 2008. The details of the business transacted at the Board Meeting 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/Uttamgalva_Outcomebm_31012008.zip target=NEW> For more details click here.</a>

Uttam Galva Steels Limited has informed the Exchange vide its letter dated January 4, 2008 that "The Board of Directors have approved the issue of US$150(One Fifty Millions) Global Depository Receipts(GDRs)/American Depository Receipts (ADRs)/Foreign Currency Convertible Bonds (FCCB) and securities representing Equity Shares from International Markets subject to the approval by the members of the Company, by way of Postal Ballot".

Uttam Galva Steels 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, 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/UttamGalvaSteels_AGMMinutes.zip target=NEW> For more details click here.</a>

Uttam Galva Steels Limited has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting held on September 22, 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/Utamgalva_AGM_28092007.zip target=NEW> For more details click here.</a>

Life Insurance Corporation of India has informed the Exchange that "Life Insurance Corporation of India has sold 1585978 Equity Shares face value of Rs.10/- each of Uttam Galva Steels Ltd. @ Rs.34.45/- per share".

Uttam Galva Steels Limited has informed the Exchange vide its letter dated September 10, 2007 regarding the disclosures received from M/s. Archisha Investments Pvt Ltd who have acquired 15,85,978 Equity Shares (1.50%) of the Company. The details are given below: Name - Archisha Investments Pvt Ltd.; Opening Balance as on September 09, 2007 - 42,63,900 (4.05%); Add: Purchases during the Month - 15,85,978 (1.51%); Less: Sales during the Month - 0; Closing Balance as on September 10, 2007 - 58,49,878 (5.56%),. The aforesaid information was received by the Company from the shareholders on Septembe

Uttam Galva Steels Limited has informed the Exchange that Register of Members and the Share Transfer Books of the Company shall remain closed from September 11, 2007 to September 22, 2007 (both days inclusive) for the purpose of Annual General meeting scheduled to be held on September 22, 2007 as decided by the Board of Directors as its meeting held on July 30, 2007.

Uttam Galva Steels Limited has informed the Exchange that: "the Global Depository Receipts (GDRs) of USD 20 million has been successfully subscribed out of USD 30 million Global Depository Receipts (GDRs) (10 million Green Shoe option) to be listed on Singapore Stock Exchange shortly. The company have issued 2,18,57,924 GDR at an offer price of USD 0.915 per GDR each representing 1 Equity Share of Rs. 10/- each. Subsequently, the Company has allotted 2,18,57,924 underlying Equity Shares of Rs. 10/- each in favour of the Depository i.e. JP Morgan Chase Bank at the meeting of the Board of Direct

News Verification : The media had reports that Uttam Galva Steels Limited may invest up to 450 crore to set up a galvanising and cold-rolled mill complex in Ghana along with a UK-based joint venture partner. 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. Uttam Galva Steels Limited has vide its letter inter-alia stated, "In this connection we would like to inform you that we are in the advanced stage of negotiation

Uttam Galva Steels Limited has informed the Exchange that pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules 2001 (including any statutory modification or re-enactment for time being in force); the following Resolutions are to be passed by the members of the Company through Postal Ballot: 1) Ordinary Resolution under Section 293 (1)(a) of the Companies Act, 1956 for the creation of securities in favour of lenders. 2) Special Resolution under Section 81(1A) of the Companies Act, 1956 for raising of resources through iss

Uttam Galva Steels Limited has informed the Exchange that subject to the approval of Members of the Company at a General Meeting, the Remuneration Committee of Directors and Board of Directors at its meeting held on October 31,2006 has approved the re-appointment of Shri Rajinder Miglani as the Chairman & Managing Director of the Company for the period of 3 years w.e.f. December 31,2006 and the re-appointment of Shri Anuj Miglani as Dy. Managing Director for the period of 3 years w.e.f. November 10,2006.

Uttam Galva Steels Limited has informed the Exchange regarding the change in the holdings of Directors and officers and substantial shareholders. The details are as follows: 1) Archisha Investments Private Limited have purchased 450000 shares aggregating to 0.53% of the total paid up capital of the company on October 4, 2006 and its total holding as on October 06, 2006 is 4263900 shares aggregating to 5.10% of the total paid up capital of the company.

Uttam Galva Steels Limited has submitted to the Exchange a copy of the proceedings of the AGM of the Company held on August 12,2006. 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).

Uttam Galva Steels Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed from July 28, 2006 to August 12, 2006, (both days inclusive) for the purpose of Annual General Meeting scheduled to be held on August 12, 2006 as decided by the Board of Directors at its meeting held on May 30, 2006.

Uttam Galva Steels Limited has informed the Exchange that the Company has exercised its green shoe option and raised US$ 14 million, 2.0% Foreign Currency Convertible Bonds (FCCB). The Green Shoe Option of $ 14 million is over and above the initial FCCB offering of $ 30 million that got listed on the Singapore Stock Exchange, taking the total FCCB size to $ 44 million. The Bonds have a maturity of 5 years, a 2% coupon payable semi annually and a yield to maturity (YTM) set at 7.25% at the end of 5 years if not converted into shares during this period.

Clarification of News : The press had reportson November 09, 2005 that Uttam Galva Steels Limited is close to buying the US-based Detroit Steel Company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Uttam Galva Steels Limited has vide its letter inter-alia stated "We, as any other Company, have always been evaluating opportunities which are synergistic with our business. Our discussion with the Detroit Steel Com

Clarification of News : The press had reports that Uttam Galva Steels Limited is close to buying the US-based Detroit Steel Company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from Uttam Galva Steels Limited.

Uttam Galva Steels Limited has informed the Exchange that Shri A K Mahendru and Shri S G Tudekar has been appointed as a Director on the Board of Directors of the Company at its meeting held on October 28, 2005.

Uttam Galva Steels Limited has informed the Exchange that Shri R. K. Agrawal has been appointed as "Compliance Officer" designated as Vice President & Company Secretary of the Company w.e.f. October 11, 2005.

Uttam Galva Steels Limited has submitted to the Exchange a copy of the proceedings of the AGM of the Company held on September 24, 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).

Uttam Galva Steels Limited has informed the Exchange that R.K. Haran has been relieved as Company Secretary of the Company due to resignation w.e.f. close of the working hours of September 30, 2005.

Uttam Galva Steels Limited has informed the Exchange that: (1) Shri N.S. Datar and Shri P.G. Kakodkar are re-appointed as Directors at the AGM held on September 24, 2005, whose period of office is liable to determine by retirement of Directors by rotation. (2) Shri Yogesh B. Mehta, Chartered Accountants, the retiring Auditor of the Company, is re-appointed as Auditor of the Company at the AGM held on September 24, 2005 to hold office until the conclusion of next AGM of the Company.

Uttam Galva Steels Limited has informed the Exchange that the Company has successfully listed US$30 Million, 2.0% FCCB on the Singapore Stock Exchange. Machquarie Bank Ltd. acted as the Lead Manager and Sole Book runner for this offering. The Bonds have a maturity of 5 years 2% coupon payable semi annually and a yield to maturity set at 7.25% at the end of 5 years if not converted into equity shares during this period. The Conversion Price, determined as Rs.64.46 per equity share represents a 45.0% premium to the reference price. The Proceeds of the said FCCB will bring down the interest cost

Uttam Galva Steels Limited has informed the Exchange that the AGM of the Members of the Company will be held on September 24, 2005. The Company has further informed that the the Register of Members and the Share Transfer Books shall remain closed from September 16, 2005 to September 23, 2005 (both days inclusive) for the purpose of said AGM.

Uttam Galva Steels Limited has informed the Exchange that the following decisions have been taken at the meeting of the Board of Directors held on July 29, 2005: 1) Shri Ankit Miglani has been appointed as an Additional Director on the Board of Directors of the Company pursuant to Section 260 of the Companies Act, 1956, to hold office upto the date of the forthcoming AGM of the Company. 2) The appointment of Shri Ankit Miglani as a Whole-Time Director, designated as Director (Commercial) has been approved, subject however, to the approval of the Members at the forthcoming AGM and the prior app

Uttam Galva Steels Limited has informed the Exchange that the Foreign Currency Convertible Bonds (FCCB) of USD 30 million raised by the Company may be converted into Equity Shares of the Company by the holder of the FCCB from 40 days after closing date i.e. August 09, 2005 until 10 days prior to the maturity date i.e. August 10, 2010, except during closed periods.

Uttam Galva Steels Limited has informed the Exchange that the Company has raised US$ 30 million, 2.0% Foreign Currency Convertible Bonds through the accelerated book built route. The details of the press release titled "UTTAM GALVA CLOSES THE ISSUE AND ALLOTMENT OF US$ 30 MILLION FOREIGN CURRENCY CONVERTIBLE BONDS", issued by the Company shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Uttam Galva Steels Limited has submitted to the Exchange a copy of the proceedings of the EGM of the Members of the company held on June 15, 2005. A copy of the proceedings shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Uttam Galva Steels Limited has informed the Exchange regarding a Special Resolution passed at the EGM of the Company held on June 15, 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).

Uttam Galva Steels Limited has submitted to the Exchange a copy of the notice of EGM of the company to be held on June 15, 2005. A copy of the EGM notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Uttam Galva Steels Limited has informed the Exchange that the BODs at its meeting held on May 20, 2005 have taken the following decisions: 1) Approved to move a Special Resolution to seek approval of the Members under Section 81 and other applicable provisions, if any, of the Companies Act, 1956 to create, offer, issue and allot on behalf of the Company, in one or more tranches (including with provision for reservation on firm and/or competitive basis) of public or private offerings in international markets, through prospectus and/or offer letter or other permissible/requisite offer document,

whether or not such investors are members of the Company, up to an aggregate amount not exceeding US$ 60 (Sixty) Million or equivalent thereof in Indian Rupees (inclusive of such premium as may be determined) and such offer, issue and allotment to be made at such price, at such time or times, in any convertible foreign exchange, at such price or prices, at discount or premium to market price, in such form and manner and on such other terms and conditions, as may be decided and deemed appropriate by the Board at the time of such offer, issue and allotment. 2) Decided to convene an Extra-Ordinar

Uttam Galva Steels Limited has informed the Exchange regarding the change in the holdings of Directors and officers and substantial shareholders. The details are as follows: 1) Shri R K Haran jointly with Smt. Manju R Haran have purchased 1,500 shares during March 2005 and their total holding as on March 23, 2005 is 15,100 shares.

Uttam Galva Steels Limited has informed the Exchange regarding the change in the holdings of Directors and officers and substantial shareholders. The details are as follows: 1) Shri G S Sawhney have sold 18,800 shares during March 2005 and his total holding as on March 23, 2005 is 11,401 shares.

Uttam Galva Steels Limited has informed the Exchange that the company has received approval from the Central Government, Ministry of Company Affairs vide their letter dated January 24,2005 for re-appointment of and payment of remuneration to Shri Rajinder Miglani, the Managing Director of the Company for the period of 3 years from December 31,2003 to December 30,2006.