MODERN STEELS LTD.-$ - 513303 - Fixes Book Closure for AGM
Modern Steels Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 21, 2020 to December 28, 2020 (both days inclusive) for the purpose of 46th Annual General Meeting (AGM) of the Company to be held on December 28, 2020. MODERN STEELS LTD.-$ - 513303 - OUTCOME OF THE MEETING OF BOARD OF DIRECTORS
We wish to inform you that the Company in its Board meeting held today, Wednesday, the 25th November, 2020 commenced at 12:00 noon and concluded at 2:25 p.m..at corporate office: Chandigarh, along with other agenda items inter alia the following were considered by the Board of Directors of the Company; 1. Approved the Notice of the 46th Annual General Meeting of the members of the Company and decided to be held on Monday, the 28th December, 2020 at 11:00 a.m. through video conferencing or other audio visual means. 2. Fixed the date of closure of Register of Members and Share Transfer books from 21st December, 2020 to 28th December, 2020. 3. To appoint NSDL, an electronic securities depository for the e-voting process. 4. Approved the Director's Report, Corporate Governance Report and Report on Management Discussion and Analysis for the financial year 2019-20. MODERN STEELS LTD.-$ - 513303 - DISCLOSURE OF RELATED PARTY TRANSACTIONS PURSUANT TO REGULATION 23(9) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) REGULATIONS, 2018
Dear Sir, In compliance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, please find enclosed disclosure of related party transactions for the half year ended 30th September, 2020. This is for your information and record. MODERN STEELS LTD.-$ - 513303 - Board Meeting Intimation for NOTICE OF THE BOARD OF DIRECTORS MEETING
MODERN STEELS LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/11/2020 ,inter alia, to consider and approve Pursuant to provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a meeting of the Board of Directors of the Company will be held on Wednesday, the 25th November, 2020 at our Corporate Office at SCO 98-99, Sub-City Centre, Sector-34, Chandigarh for the following purposes: 1. To fix the day, date, time and venue of the ensuing Annual General Meeting of the Company and dates of Book Closure. 2. Any other business with the permission of the Chair. MODERN STEELS LTD.-$ - 513303 - OUTCOME OF THE MEETING OF BOARD OF DIRECTORS
Dear Sir, (i) The Board Members took note of the in-principle approval letter of One Time Settlement Letter of Edelweiss Asset Reconstruction Company as issued by them vide their letter dated 4.11.2020 and approved and accepted the terms and conditions of the said sanction and authorized Mr Krishan Kumar Goyal to accept and sign the same on behalf of the Company. (ii) The Board of Director of the Company approved the transfer, sell the Company's steel business, heat treatment business and auto component business ('Business Undertaking'), as a going concern on a slump sale basis, by way of a business transfer agreement ('BTA'), to a wholly owned subsidiary to be incorporated by Arjas Steel Private Limited by the name of 'Arjas Modern Steel Private Limited' and authorize Mr Krishan Kumar Goyal, & Managing Director of the Company to negotiate, finalize and execute the BTA and Transaction Documents required to be executed in connection therewith on behalf of the Company. MODERN STEELS LTD.-$ - 513303 - Results For The Half Year Ended 30Th September, 2020
We wish to inform you that the Company in its Board meeting held today, Thursday, 12th November, 2020 at Chandigarh approved the Un-Audited Financial Results for the quarter and half year ended 30th September, 2020 along with Statement of Assets and Liabilities and Cash Flow Statement, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We are enclosing herewith the approved Un-audited Financial Results, Statement of Assets and Liabilities, Cash Flow Statement along with copy of Limited Review Report. Please note that the Board of Directors meeting commenced at 12:00 Noon and got adjourned at 5.30 p.m. till tomorrow i.e. 13th November, 2020 at 11:00 a.m. for other Agenda items. MODERN STEELS LTD.-$ - 513303 - OUTCOME OF THE MEETING OF BOARD OF DIRECTORS
We wish to inform you that the Company in its Board meeting held today, Thursday, 12th November, 2020 at Chandigarh approved the Un-Audited Financial Results for the quarter and half year ended 30th September, 2020 along with Statement of Assets and Liabilities and Cash Flow Statement, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We are enclosing herewith the approved Un-audited Financial Results, Statement of Assets and Liabilities, Cash Flow Statement along with copy of Limited Review Report. Please note that the Board of Directors meeting commenced at 12:00 Noon and got adjourned at 5.30 p.m. till tomorrow i.e. 13th November, 2020 at 11:00 a.m. for other Agenda items. MODERN STEELS LTD.-$ - 513303 - Update on board meeting
MODERN STEELS LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2020 ,inter alia, to consider and approve Dear Sir, This is in continuation to our earlier letter dated 5th November, 2020 intimating you about the Board Meeting scheduled for 12th November,2020 to consider and approve the results for the quarter ended on 30.09.2020 and in this regard we wish to further inform you that the Board shall also be considering the following agenda in the meeting scheduled for 12th November, 2020: - 1. To consider the One Time Settlement in principle approval, vide letter dated 4th November, 2020 as received yesterday i.e. 5th November, 2020 from Edelweiss Asset Reconstruction Company (ARC). 2. To Consider and discuss a proposal for Sale of Assets of the Company on 'Slump Sale' basis from purchaser. MODERN STEELS LTD.-$ - 513303 - Board Meeting Intimation for NOTICE OF BOARD MEETING FOR CONSIDERATION OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF-YEAR ENDED 30TH SEPTEMBER, 2020
MODERN STEELS LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2020 ,inter alia, to consider and approve In compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that meeting of the Board of Directors of the Company will be held on Thursday, the 12th November, 2020 at our Corporate Office at SCO 98-99, Sub-City Centre, Sector-34, Chandigarhto consider and approve the Un-Audited Financial Results of the Company for the quarter and half-year ended 30th September, 2020. MODERN STEELS LTD.-$ - 513303 - DISCLOSURE OF RELATED PARTY TRANSACTIONS PURSUANT TO REGULATION 23(9) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) REGULATIONS, 2018
Dear Sir, In compliance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, please find enclosed disclosure of related party transactions for the half year ended 31st March, 2020. This is for your information and record.