Fixes Book Closure for AGM
Visa Steel Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 21, 2015 to December 28, 2015 (both days inclusive) for the purpose of 19th Annual General Meeting (AGM) of the Company to be held on December 28, 2015. Financial Results & Limited Review Report for Sept 30, 2015
Visa Steel Ltd has informed BSE about the Financial Results & a copy of the Limited Review Report for the period ended September 30, 2015. Appointment of Additional Director
Visa Steel Ltd has informed BSE that the Board of Directors of the Company had vide resolution passed by circulation on November 12, 2015, appointed Mr. Kishore Kumar Mehrotra as an Additional Director ( Non Executive , Independent) of the Company w.e.f. November 12, 2015. Postponed Board Meeting on Nov 13, 2015
With reference to the earlier announcement dated October 27, 2015, Visa Steel Ltd has now informed BSE that due to unavoidable circumstances, the Meeting of the Board of Directors of the Company, inter alia, to consider and approve the Unaudited Financial Results of the Company for the quarter and six months ended September 30, 2015, scheduled to be held on November 06, 2015 shall now be held on November 13, 2015.... Board Intimation for Results & Closure of Trading Window
Visa Steel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 06, 2015, inter alia, to consider, approve and take on record the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter and six months ended September 30, 2015.Further, pursuant to "VISA Steel Limited - Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by... Tough times prompt VISA Steel to think out of the box
The company is considering a merger and new partnerships to generate revenue Cancellation of Stock Options
Visa Steel Ltd has informed BSE regarding "Cancellation of Stock Options". Visa Steel looking for strategic partner for special steel business
Visa Steel Ltd will get 18 months to find a strategic partner for its special steel business. The lenders have decided to move in this direction owing to losses in the special steel or al...
Lenders take over Visa Steel under SDR rules
The company is in discussion with lenders for preparing a conversion package to enable inviting a strategic investor in its special steel business Outcome of Joint Lenders Forum (JLF) Meeting
Visa Steel Ltd has informed BSE that the Lenders of the Company in its Joint Lenders Forum (JLF) meeting held on September 22, 2015 have decided to invoke Strategic Debt Restructuring (SDR) pursuant to RBI Circular dated June 08, 2015. The Company is in discussion with Lenders for preparing a conversion package to enable inviting a strategic investor in its Special Steel Business.