| 30-Jan-13 |
| JSW Steel Ltd has informed BSE that by an order made on December 20, 2012, the Honourable High Court of Judicature at Bombay has directed that a meeting of the equity shareholders and preference shareholders of the Company be held on January 30, 2013 at 10.30 a.m and at 12.30 p.m respectively for the purpose of considering and if thought fit, approving with or without modification (s), the proposed arrangement embodied in the Composite Scheme of Amalgamation and Arrangement amongst JSW ISPAT Steel Limited and JSW Building Systems Limited and JSW Steel Coated Products Limited and JSW Steel Limited and their respective Shareholders and Creditors.
JSW Steel Ltd has informed BSE regarding Outcome of Court Convened Meeting of Equity Shareholders held on January 30, 2013, under Clause 35A.
JSW Steel Ltd has informed BSE regarding Outcome of Court Convened Meeting of Preference Shareholders held on January 30, 2013, under Clause 35A.
(As per BSE Announcement Dated on 31.01.2013)
JSW Steel Ltd has submitted to BSE a copy of the minutes of the Court Convened Meeting of the Equity Shareholders held on January 30, 2013.
(As per BSE Announcement Dated on 19.02.2013) |
| 26-Aug-10 |
| The Company entering into Foreign Collaboration Agreement, Technical Assistance Agreements for automotive steel, general technical assistance agreements for plant performance Improvement and substrate supply agreement with JFE.
The aforesaid issue of securities / instruments on a preferential basis would be subject to receipt of the approval of the shareholders of the Company, SEBI Regulations on preferential issue and such other consents and approvals as may be required.
The Board of Directors has also approved convening an Extra-Ordinary General Meeting of the shareholders of the Company on August 26, 2010, inter alia, to obtain their approval for the proposed issue of securities on a preferential basis and accordingly, July 27, 2010, has been determined as the 'relevant date' for the purpose of pricing of the aforesaid issue.
III. Re-designation of Dr. Vinod Nowal & Mr. Jayant Acharya, Whole time Directors :
The re-designation of the following Whole time Directors of the Company was approved by the Board subject to the approval of the Members in the ensuing Extra Ordinary General Meeting:
(a) Dr. Vinod Nowal, Director & CEO (Vijayanagar Works) has been re-designated as 'Director & CEO' w.e.f. April 01, 2010.
(b) Mr. Jayant Acharya, Director (Sales & Marketing) has been re-designated as Director (Commercial & Marketing) w.e.f. April 01, 2010.
JSW Steel Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the members of the Company will be held on August 26, 2010, inter alia, to transact the following business:
1. To create, offer, issue and allot either Shares or a fully convertible debenture of the Company, representing not more than 14.99% (Fourteen point ninety nine percent) of the paid-up equity share capital of the Company on the date of allotment of such instrument (assuming full conversion of all convertible instruments issued by the Company), to JFE Steel Corporation (Investor), a company incorporated under the laws of Japan, on a preferential basis, without offering the same to any other person, on necessary terms & conditions.
2. To accorded the revision in the terms of remuneration of Mr. Sajjan Jindal w.e.f. April 01, 2010 for the remainder of his tenure as the Vice Chairman & Managing Director of the Company, i.e. upto July 06, 2012, on necessary terms & conditions.
3. To approve the re-designation of Dr. Vinod Nowal as director & CEO w.e.f. April 01, 2010 & the increase in the ceiling on Remuneration payable to him w.e.f. April 01, 2010 for the remainder of his tenure i.e. upto April 29, 2012, on necessary terms & conditions.
4. To approve the re-designation of Mr. Jayant Acharya as Director
(As Per BSE Announcement Website dated on 02.08.2010)
JSW Steel Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on August 26, 2010, inter alia, have accorded to the following:
1. To create, offer, issue and allot either Shares or a fully convertible debenture of the Company, representing not more than 14.99% (Fourteen point ninety nine percent) of the paid-up equity share capital of the Company on the date of allotment of such instrument (assuming full conversion of all convertible instruments issued by the Company), to JFE Steel Corporation (Investor), a company incorporated under the laws of Japan, on a preferential basis, without offering the same to any other person, on necessary terms & conditions.
2. To accorded the revision in the terms of remuneration of Mr. Sajjan Jindal w.e.f. April 01, 2010 for the remainder of his tenure as the Vice Chairman & Managing Director of the Company, i.e. upto July 06, 2012, on necessary terms & conditions.
3. To approve the re-designation of Dr. Vinod Nowal as Director & CEO w.e.f. April 01, 2010 & the increase in the ceiling on Remuneration payable to him w.e.f. April 01, 2010 for the remainder of his tenure i.e. upto April 29, 2012, on necessary terms & conditions.
4. To approve the re-designation of Mr. Jayant Acharya as Director (Commercial & Marketing) w.e.f. April 01, 2010.
(As Per BSE Announcement Dated on 13.10.2010) |
| 02-Jun-10 |
| JSW Steel Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 02, 2010, inter alia, to create, offer, issue and allot in one or more tranches, upto 175,00,000 (One Crore Seventy Five Lakh) warrants (Warrants), convertible into equity shares of the Company of par value of Rs.10 each (Equity Shares), to Sapphire Technologies Ltd (the Warrant holder), a promoter group Company, on a preferential basis, without offering the same to any other person, at a price not less than the minimum price determined as per the provisions of Chapter VII of the SEBI Regulations, subject to necessary provisions & approvals.
JSW Steel Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on June 02, 2010, inter alia, have passed the resolution to create, offer, issue and allot in one or more tranches, upto 175,00,000 (One Crore Seventy Five Lakh) warrants ('Warrants'), convertible into equity shares of the Company of par value of Rs.10 each ('Equity Shares'), to Sapphire Technologies Ltd (the 'Warrant holder'), a promoter group Company, on a preferential basis, without offering the same to any other person, at a price not less than the minimum price determined as per the provisions of Chapter VII of the 'SEBI Regulations', subject to necessary provisions & approvals.
(As Per BSE Announcement Website dated on 19.07.2010) |
| 28-Dec-07 |
| JSW Steel Ltd has informed BSE that pursuant to the Order made by the High Court of Judicature at Bombay, separate meeting of the equity shareholders & preference shareholders of the Company will be held on December 28, 2007, for the purpose of considering and if though fit, approving with or without modification(s), the arrangement embodied in the Scheme of Amalgamation of Southern Iron & Steel Company Ltd with the Company.
Further the Company has informed that, an Extra Ordinary General Meeting (EGM) of the equity shareholders of the Company will be held on December 28, 2007, or soon after the Court Convened Meeting of the equity shareholders, whichever is later.
JSW Steel Ltd has informed BSE that the equity shareholders & preference shareholders of the Company at its court convened meeting held on December 28, 2007, have approved the arrangement embodied in the Scheme of Amalgamation of Southern Iron & Steel Company Ltd with the Company, by the requisite majority.
(As per BSE Announcement Website dated on 31/12/2007)
JSW Steel Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 28, 2007, inter alia, have accorded the following:
1. Appointment of Mr. Y Siva Sagar Rao as a Director of the Company, liable to retire by rotation.
2. Appointment of Mr. Y Siva Sagar Rao a Wholetime Director of the Company, designated as 'Joint Managing Director & CEO', for a period of three years, with effect from July 24, 2007, on remunerations, terms & conditions.
3. Authority to the Board for borrowing from time to time any sum or sums of money on such security and on such terms and conditions a the Board may deem fit notwithstanding that the money to be borrowed together with the money already borrowed by the Company (apart from temporary loans obtained or to be obtained from the Company's bankers in the ordinary course of business) including rupee equivalent of foreign currency loans(such rupee equivalent being calculated at the exchange rate prevailing as on the date of the relevant foreign currency agreement) may exceed, at any time, the aggregate of the paid up capital of the Company and its free reserves, that is to say, reserves not set apart for any specific purpose, provided however, the total amount so borrowed in excess of the aggregate of the paid-up capital of the Company and its free reserves shall not at any time exceed Rs 1,50,00,00,00,000/- (Rupees fifteen thousand crores only), subject to necessary provisions & approvals.
4. Authority to the Board to hypothecate / mortgage and / or charge in addition to the hypothecations / mortgages and / or charges created by the Company, in such form and manner and with such ranking and at such time(s) and on such terms as the Board may determine, all or any part of the movable and / or immovable properties of the Company wherever situated both present and future, and / or create a floating charge on all or any part of the immovable properties of the Company and the whole or any part of the undertaking or undertakings of the Company, together with power to take over the management of the business and concern of the Company in certain events of default, in favour of the Company's Bankers / Financial Institutions / other investing agencies and trustees for the holders of Debentures / Bonds / other instruments / securities to secure any Rupee / Foreign currency Loans, Guarantee assistance, and / or any issue of Non Convertible Debentures, and / or Compulsorily or Optionally, Fully Or Partly Convertible Debentures and / or Bonds, and / or any other Non Convertible and / or other Partly / Fully Convertible instruments / securities, within the overall ceiling prescribed by the members of the Company, in terms of section 293(1)(d) of the Companies Act, 1955.
5. Commencement of all or any of the business specified in sub-clause 56 of Clause III C of the Memorandum of Association of the Company, that is:
To carry on the business of carriers of passengers and goods and merchandise by air, sea, or surface transport and to maintain airways, shipping lines, roadways and other transport service and to act as the clearing agents, forwarding agents, travel agents, charterers, tour agents and freight contractors.
(As Per BSE Announcement Website Dated on 02/02/2008) |
| 08-Sep-06 |
| EGM 08/09/2006
To consider to create, offer, issue and allot 70,00,000 Series A Warrants and 80,00,000 Series
B Warrants ("Warrants") convertible into Equity Shares at the option of the Warrant holders
(each Warrant shall be convertible into 1 Equity share of the face value of Rs 10/- each of the
Company) to Mr Sajjan Jindal and Samarth Holdings Pvt Ltd through Private Placement(s) at the price to be determined as per the provisions of Chapter XIII of SEBI DIP Guidelines for Preferential Issue, subject to necessary provisions & approvals.
JSW Steel Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on September 08, 2006, have accorded authority to the Board to create, offer, issue and allot 70,00,000 Series A Warrants and 80,00,000 Series B Warrants (Warrants) convertible into Equity Shares at the option of the Warrant holders (each Warrant shall be convertible into 1 Equity share of the face value of Rs 10/- each of the Company) to Mr Sajjan Jindal and Samarth Holdings Pvt Ltd through Private Placement(s) at the price to be determined as per the provisions of Chapter XIII of SEBI DIP Guidelines for Preferential Issue, subject to necessary provisions & approvals.
(As per BSE Annocement website dated on 11/09/2006) |