In continuation to the letter dated June 2, 2018, informing the exchanges, the Record Date for reduction and consolidation of equity share capital of the Company and pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 (Listing Regulations), Electrosteel Steels has informed that the Board of Directors of the Company, at its meeting held today, June 14, 2018, has approved capital reduction and consolidation of the share capital as per the Resolution Plan.
The above information is a part of company’s filings submitted to BSE.
