Pursuant to Regulation 30 and other regulations applicable, if any of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR’), and Chapter V and Annexure 18 of the master circular issued by the Securities and Exchange Board of India (‘SEBI’) bearing reference number SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 on ‘Master circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities’ (‘SEBI LODR Master Circular’), Steelco Gujarat has informed that the meeting of the Board of Directors of the Company was held today on 1st January, 2026, and the Board has: (1) allotted 16,000 senior, unrated, listed, secured, redeemable, partly paid-up, non-convertible debentures of a face value of INR 1,00,000 each, aggregating to up to INR 160,00,00,000 (‘Debentures’) to India Resurgence Fund 2 – Scheme 2 (‘Allottee 1’) and India Resurgence Fund 2 – Scheme 4 (‘Allottee 2’) (collectively, ‘Allottees’) on a private placement basis; (2) taken note of circular resolution passed by the Board of Directors on 13th December, 2025 to approve execution of security documents pursuant to which security is being created over the shares and other securities issued by the Company. The details as required under the SEBI LODR Regulations read with Chapter V and Annexure 18 of the SEBI LODR Master Circular with respect to issuance of non-convertible debentures is enclosed as ‘Annexure A’ to this letter. The meeting concluded at 11:15 am.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
| View more.. | |
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