VIKASHMET

Vikash Metal & Power Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on December 04, 2012, has decided as follows: (1) Does not Recommended any dividend for the financial year 2011-12. (2) To hold the Annual General Meeting on December 29, 2012.

Vikash Metal & Power Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on June 30, 2012 the following Decision was taken and adopted by board : (1) In the view of the present condition of the company and to revive the company, the Board has decided not to recommended any Dividend for the financial year 2011-2012; (2) The resignation of M/S S.Jaykishan as Statutory Auditors & & Ms Nidhi Agarwal Company Secretary & Compliance officer of the Company was accepted; (3) The Board has recommended M/s Rakesh Singh & Co as Statutory Auditors in the casu

Vikash Metal & Power Limited has informed the Exchange regarding the Outcome of the meeting of the Board of Directors of the Company held on May 05, 2012.

Vikash Metal & Power Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2011 has decided as follows: (1) To issue equity shares of the company on the right basis upto Rs.400 crores including share premium, if any, subject to all necessary approvals. (2) To increase the Authorised share capital of the company from Rs.100 crores to Rs.225 crores, subject to all necessary approvals.

Vikash Metal & Power Limited has informed the Exchange that the board of directors of the Company at its meeting held on March 23, 2011 has inter alia, considered and approved the following: (1) To issue proposed Global Depository Receipts (GDR) up to an aggregate of US$ 12 Million (US Dollar Twelve million only).(2) To open the aforesaid issue of GDRs, tentatively in the last week of March, subject to necessary statutory and legal approvals.(3) The 'fixed minimum issue price' of the proposed GDR is Rs.15.00 (INR) which has been determined in accordance with the amended guideline vide Circular

Vikash Metal & Power Limited has informed the Exchange regarding the outcome of Board Meeting of the Company held on September 16, 2010.

Vikash Metal & Power Limited has informed the Exchange that the Board of Directors in its meeting held on May 29, 2010 has decided as follows: (1)To convert unsecured loan amounted to not more than Rs. 90.00 Crores in to equity share capital by issuing equity shares on preferential basis to the providers of unsecured loans at a price to be determined in accordance with Chapter VII of the Securities and Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations 2010; (2)To issue equity shares on preferential basis to the strategic investors belonging to the non promoter gr

Vikash Metal & Power Limited has informed the Exchange regarding the resolution passed in the Board meeting held on February 20, 2008 - Constitution of remuneration Committee. 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/Vikashmet_BM_28042008.zip target=NEW> For more details click here.</a>