JSW ISPAT Steel (Delisted) share news and announcements

BSE: 500305

Formerly Ispat Industries

Last traded ₹9.95 on 10 Jun 2013

Delisted on 8 Jul 2013.

JSW ISPAT Steel record dates, bonuses and splits

1 filed, newest first.

Jun 2013
- 3 Jun · Corporate action
  As follows : The Company has fixed June 12, 2013 as the record date (the "Record Date") for the purpose of drawing up the list of shareholders of JSW Ispat Steel Limited (JSWISL) to whom equity shares and 0.01% cumulative redeemable preference shares of the Company will be issued and allotted pursuant to and in terms of the Scheme. In terms of the sanctioned Scheme, the shareholders of the transferor company i.e. JSWISL will be issued shares of the Company in the following ratio: (1) For every 72 (Seventy Two) fully paid-up equity shares of face value of Rs.10/- (Rupees Ten Only) each held in JSWISL, as on the Record Date, every equity shareholder of JSWISL will be entitled to receive 1 (One) equity share of face value of Rs.10/- (Rupees Ten only) each of the Company, credited as fully paid-up; and (2) For every 1 (One) 0.01% fully paid-up cumulative redeemable preference share of face value of Rs.10/- (Rupees Ten only) each held in JSWISL, as on the Record Date, every 0.01% cumulative redeemable preference shareholder of JSWISL will be entitled to receive 1 (one) 0.01% cumulative redeemable preference share of face value of Rs.10/- (Rupees Ten only) each of the Company, having the same rights and terms, and credited as fully paid-up. (opens in a new tab)