Uttam Galva Steels (Delisted) share news and announcements

BSE: 513216Industrial Products

Formerly Uttam Steel

Last traded ₹3.45 on 17 Oct 2022

Delisted on 8 Dec 2022.

Uttam Galva Steels share news and announcements

851 announcements, routine notices left out, newest first. Page 17 of 18.

  1. Oct 2009

    • 21 Oct · Disclosure

      Anuj Miglani (List of PAC's enclosed) proposes to acquire 4,55,700 equity shares representing 0.38% of the shares/voting rights of Uttam Galva Steels Limited from Sainath Trading Co. Pvt. Ltd. The mode of proposed acquisition is by way of Inter-se-Transfer. The date of proposed acquisition is October 27, 2009 and the acquisition price per share will be Prevailing Market Price as on the date of the Proposed Acquisition. The shareholding of Anuj Miglani (List of PAC's enclosed) after the proposed acquisition would be 33,02,094 equity shares representing 2.76% of the shares/voting rights of Uttam Galva Steels Limited. 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). For more details click here.

    • 16 Oct · Disclosure

      Neelam Miglani (List of PAC's enclosed) proposes to acquire 1,59,050 equity shares representing to 0.13% of the shares/voting rights of Uttam Galva Steels Limited from Kredence Multi Trading Ltd. The mode of proposed acquisition is by way of Inter-se-Transfer. The date of proposed acquisition is October 23, 2009 and the acquisition price per share will be Prevailing Market Price as on the date of Proposed Acquisition. The shareholding of Neelam Miglani (List of PAC's enclosed) after the proposed acquisition would be 19,97,550 equity shares representing 1.67% of the shares/voting rights of Uttam Galva Steels Limited. 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). For more details click here.

    • 8 Oct · Change in Nominee Director

      As per the communication received from IDBI Bank, Smt. Lalita Sharma has been appointed as a Nominee Director in place of Shri V D Shinde w.e.f. September 29, 2009.

    • 5 Oct · Meeting

      Proceedings of Annual General Meeting of the Company held on September 26, 2009. 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). For more details click here.

  2. Sep 2009

    • 25 Sep · Disclosure

      Anuj Miglani (List of PAC's is enclosed herewith) proposes to acquire 7,30,000 equity shares representing 0.61% of the shares/voting rights of Uttam Galva Steels Limited from Sainath Trading Co. Pvt. Ltd. The mode of proposed acquisition is by way of Inter-se-Transfer. The date of proposed acquisition is October 01, 2009 and the acquisition price per share is Prevailing Market Price as on the date of the Proposed Acquisition. The shareholding of Anuj Miglani (List of PAC's is enclosed herewith) after the proposed acquisition would be 35,76,394 equity shares representing 2.98% of the shares/voting rights of Uttam Galva Steels Limited. 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). For more details click here.

    • 24 Sep · Disclosure

      Ankit Miglani (List of PAC's is enclosed herewith) proposes to acquire 7,25,700 equity shares representing 0.61% of the shares/voting rights of Uttam Galva Steels Limited from Sainath Trading Co. Pvt. Ltd. The mode of proposed acquisition is by way of Inter-se-Transfer. The date of proposed acquisition is October 01, 2009 and the acquisition price per share will be Prevailing Market Price as on the date of the Proposed Acquisition. The shareholding of Ankit Miglani (List of PAC's is enclosed herewith) after the proposed acquisition would be 30,05,700 equity shares representing 2.51% of the shares/voting rights of Uttam Galva Steels Limited. 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). For more details click here.

    • 22 Sep · Change in Nominee Director

      As per the communication received from Life Insurance Corporation of India, Smt. Swarna Prabha Sukumar has been appointed as a Nominee Director in place of Shri S R Krishnaswamy w.e.f. September 22, 2009.

    • 11 Sep · Disclosure

      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. 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). For more details click here.

    • 8 Sep · Public Announcement-Open Offer

      Public Announcement ("PA") being issued by SBI Capital Markets Limited ("Manager to the Offer"), for and on behalf of ArcelorMittal Netherlands B.V., Netherlands ("AMNL" or the "Acquirer") in compliance with Regulations 10 and 12 and other applicable provision of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (the "SEBI (SAST) Regulations"/ "Regulations"). No person / individual / entity is acting in concert with the Acquirer for the purposes of this Offer. The Offer: This Offer is made to all the equity shareholders of the Target Company (Uttam Galva Steels Limited) in terms of Regulations 10 and 12 of the SEBI (SAST) Regulations to acquire 3,52,26,233 equity shares of face value Rs. 10 each of the Target Company forming 25.76% of the Emerging Voting Capital as computed under paragraph 28 in the PA (which is 29.39% of the existing voting capital) of the Target Company at a price of Rs. 120.00 (Rupees One Hundred and Twenty only) for each fully paid-up equity share ("Offer Price") to be paid in cash in accordance with the SEBI (SAST) Regulations, and subject to the terms and conditions mentioned in the PA and as will be set out in the Letter of Offer in relation to the Offer ("Letter of Offer") and Form of Acceptance-cum-Acknowledgement. The total maximum consideration payable in cash for the above transaction is aggregating to Rs.422,71,47,960 (Rupees Four Hundred and Twenty-Two Crores Seventy-One Lacs Forty-Seven Thousand Nine Hundred and Sixty only) ("Offer Size"). The Specified Date is September 18, 2009. The Offer Opening Date is October 31, 2009 and the Offer Closing Date is November 19, 2009. A copy of the Public Announcement-Open Offer shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 7 Sep · Corporate action

      Register of Members and the Share Transfer Books of the Company shall remain closed from September 17, 2009 to September 26, 2009, (both days inclusive) for the purpose of Annual General Meeting scheduled to be held on September 26, 2009.

    • 4 Sep · Board meeting

      Board of Directors of the Company at its meeting held on September 04, 2009 approved a co-promotion agreement amongst the Company, ArcelorMittal Netherlands BV and the promoters of the Company. Pursuant to the co-promotion agreement, ArcelorMittal Netherlands BV shall become a co-promoter of the Company. The agreement contemplates that the articles of association of the Company would be amended to incorporate the rights and obligations of the parties in the agreement. Some of the important provisions of the Agreements shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 4 Sep · Meeting

      Annual General Meeting of the Members of the Company will be held on September 26, 2009.

    • 2 Sep · Updates

      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 the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  3. Aug 2009

    • 28 Aug · Disclosure

      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). For more details click here.

    • 27 Aug · Allotment of shares

      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

    • 25 Aug · Business

      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

    • 20 Aug · Board meeting

      Meetings of the Audit Committee of Directors and the Board of Directors of the Company will be held on August 27, 2009 mainly for the purpose of incorporating the effect of Scheme of Arrangement (Demerger) as approved by Hon'ble High Court, Mumbai and Goa Bench in the Audited Annual Account as approved earlier by the Board on May 09, 2009. The appointed date for giving effect to the Scheme of Arrangement is April 01, 2008.

    • 20 Aug · Business

      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

  4. Jul 2009

    • 14 Jul · Board meeting

      Meeting on 23 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”

  5. Jun 2009

    • 8 Jun · Outcome of Court Convened Meeting

      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

  6. May 2009

    • 20 May · Notice of Meeting

      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. For more details click here.

    • 11 May · Management

      Shri S.P.Talwar has been appointed as additional Director (independent) on the Board of Directors of the Company

  7. Apr 2009

    • 27 Apr · Board meeting

      Meetings of the Audit Committee of Directors and the Board of Directors of the Company will be held on May 09, 2009 mainly to consider and approve the Audited Financial Accounts for the Financial Year 2008-2009.

    • 23 Apr · Withdrawal of nomination

      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

    • 23 Apr · Results

      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

  8. Feb 2009

    • 12 Feb · Disclosure

      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). For more details click here.

  9. Jan 2009

    • 31 Jan · Business

      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

    • 22 Jan · Board meeting

      Company had informed the Exchange that the meetings of the Audit Committee of Directors and the Board of Directors of the Company will be held on January 30, 2009, mainly to review internal audit and to consider and approve the Un-audited Financial Results for the quarter ended December 31, 2008. The Company has now informed the Exchange that the meetings of the Audit Committee of Directors and the Board of Directors of the Company scheduled to be held on January 30, 2009, has been postponed due to some unavoidable circumstances to January 31, 2009.

    • 21 Jan · Board meeting

      Meetings of the Audit Committee of Directors and the Board of Directors of the Company will be held on January 30, 2009, mainly to review internal audit and to consider and approve the Un-audited Financial Results for the quarter ended December 31, 2008.

      Not held on this date

  10. Oct 2008

    • 18 Oct · Board meeting

      Meetings of the Audit Committee of Directors and Board of Directors of the Company scheduled to be held on October 21, 2008 has been postponed due to some unavoidable circumstances to October 31, 2008 mainly to review internal audit report and to consider and approve the Un-audited Financial Results for the quarter ended September 30, 2008.

    • 10 Oct · Board meeting

      Meetings of the Audit Committee of Directors and Boards of Directors of the Company will be held on October 21, 2008 mainly to review internal audit and to consider and approve the Un-audited Financial Results for the quarter ended September 30, 2008.

  11. Jul 2008

    • 15 Jul · Board meeting

      Meetings of the Audit Committee of Directors and Board of Directors of the Company will be held on July 31, 2008 mainly to review internal audit and to consider and approve the Unaudited Financial Results for the quarter ended June 30, 2008.

  12. Jun 2008

    • 27 Jun · Meeting

      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.

    • 13 Jun · Updates

      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

  13. Apr 2008

    • 24 Apr · Board meeting

      Meetings of the Audit Committee of Directors and Board of Directors of the Company will be held on April 30, 2008 mainly to review internal audit and to approve the Audited Financial Results for the year ended March 31, 2008.

  14. Feb 2008

    • 14 Feb · Updates

      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, 2005; 5,000,000 Bonds are converted into 48,23,803 Equity Shares of Rs.10/- each and allotted to the following shareholders at the reset conversion price of Rs.45.12 with a fixed rate of exchange USD 1 = 43.53 ranking pari passu with the existing equity shares of the Company: 1) Name of Bondholder - Merrill Lynch Capital Markets Espana S.A. SV; Bond - 2,000,000; Equity Shares - 1,929,521. 2) Name of Bondholder - Plexus Fund Limited; Bond - 3,000,000; Equity Shares - 2,894,282. Total Bond - 5,000,000; Total Equity Shares - 4,823,803.

  15. Jan 2008

    • 31 Jan · Board meeting

      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). For more details click here.

    • 23 Jan · Board meeting

      Meetings of of the Audit Committee of Directors and Board of Directors of the Company will be held on January 31, 2008 to consider and approve the Un-audited Financial Results for the Quarter ended December 31, 2007.

    • 4 Jan · Issue of FCCBs/ADRs/GDRs

      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".

  16. Oct 2007

    • 11 Oct · Board meeting

      Meetings of the Audit Committee of Directors and Board of Directors of the Company will be held on October 19, 2007, mainly to consider and approve the Un-audited Financial Results for the quarter ended September 30, 2007.

    • 9 Oct · Meeting

      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). For more details click here.

  17. Sep 2007

    • 28 Sep · Meeting

      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). For more details click here.

    • 14 Sep · Sale of shares

      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

    • 13 Sep · Disclosure

      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 September 10, 2007.

  18. Aug 2007

    • 24 Aug · Meeting

      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.

  19. Jul 2007

    • 23 Jul · Board meeting

      Meetings of the Audit Committee of Directors and Board of Directors of the Company will be held on July 30, 2007 mainly to consider and approve the Audited Financial Results for the financial year 2006-2007 and Un-audited Financial Results for the quarter ended June 30, 2007.

  20. Apr 2007

    • 13 Apr · Board meeting

      Audit Committee of Directors and Board of Directors of the Company will be held on April 23, 2007 mainly to review internal audit and to approve the Audited Financial Results for the year ended March 31, 2007.

    • 3 Apr · GDRs

      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 Directors held on 29th March, 2007

  21. Mar 2007

    • 7 Mar · News Verification

      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 on the terms of Joint Venture with UK based Company for setting up a Galvanising and Cold Rolled Mill Complex in Ghana. However, no Agreement has been executed as yet. As soon as the modality and terms of the Joint Venture are finalized, we shall keep the Stock Exchanges informed."

  22. Feb 2007

    • 13 Feb · Meeting

      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 issues of securities in International Markets. The Board of Directors at its meeting held on January 25,2007 has appointed Shri Upendra Shukla, Practising Company Secretary, Mumbai, as the Scrutinizer to receive and scrutinize the completed Ballot Papers from the Members. The duly completed postal ballot form should reach the Scrutinizer on or before March 12,2007. The results of Postal Ballot will be announced on March 14,2007. A copy of the Postal Ballot form shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.