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JSW ISPAT Steel: Updates on Scheme of Amalgamation and Arrangement


With reference to earlier announcement dated May 08, 2013 informing the sanctioning of the Composite Scheme of Amalgamation and Arrangement amongst JSW ISPAT Steel Limited ('JSWISL'), JSW Building Systems Limited, JSW Steel Coated Products Limited and JSW Steel Limited and and their respective shareholders and creditors (the 'Scheme') by the Honble High Court of Judicature at Bombay, JSW ISPAT Steel Ltd has now informed BSE that in terms of Section 391(3) read with Section 394(3) of Companies Act, 1956, he Scheme has become effective from June 01, 2013, upon
filing of the certified copy of the Order of the Honble High Court of Bombay with the Registrar of Companies, Maharashtra, Bombay. The Appointed Date, in terms of the Scheme, is July 01, 2012.