Modern Steels informs about additional agenda for board meeting

Modern Steels Ltd. | Steel & Iron Products | Metals & Mining | BSE: 513303 | NSE:

06 Nov 2020 Evaluate

In continuation to earlier letter dated 5th November, 2020 intimating about the Board Meeting scheduled for 12th November 2020 to consider and approve the results for the quarter ended on 30.09.2020, Modern Steels has informed that the Board shall also be considering the following agenda in the meeting scheduled for 12th November, 2020: To consider the One Time Settlement in principle approval, through letter dated 4th November, 2020 as received yesterday 5th November, 2020 from Edelweiss Asset Reconstruction Company (ARC) and to consider and discuss a proposal for Sale of Assets of the Company on ‘Slump Sale’ basis from purchaser.

The above information is a part of company’s filings submitted to BSE.

Peers

Company Name	CMP
JSW Steel	1296.10
Tata Steel	190.80
Steel Authority	184.55
Jindal Stainless	758.65
APL Apollo Tubes	2194.30
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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