Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 relating to continuous disclosure requirements for listed entities, Bhushan Steel has informed that the monitoring agency has today, May 16, 2018 approved the increase in authorized share capital and consequent amendment of the memorandum of association of the Company. Pursuant to the increase, the authorized share capital of the Company is Rs 95,200,000,000 divided into 46,500,000,000 equity shares of Rs 2 each and 22,000,000 Preference Shares of Rs 100 each. The Company which has been conferred upon it in terms of the order dated May 15, 2018 of the National Company Law Tribunal, Principal Bench, New Delhi.
The above information is a part of company’s filings submitted to BSE.
