Fixes Book Closure for Final Dividend & AGM
MSP Steel & Power Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 18, 2012 to September 19, 2012 (both days inclusive) for the purpose of Payment of Final Dividend & 43rd Annual General Meeting (AGM) of the Company to be held on September 18, 2012. Updates
MSP Steel & Power Ltd has informed BSE that the Company has started commercial operation of its 6,00,000 MT of Pellet Plant along with 9,00,000 MT of Iron Ore Benefication Plant. With this commissioning the total Capacity of Pellet Plant of the unit has tripled from 3,00,000 MT to 9,00,000 MT.Now, with the commissioning of beneficiation plant the Company can use combination of low grade fines upto 58 fe content and high grade fines both for making of pellets.... Financial Results & Limited Review for June 30, 2012
MSP Steel & Power Ltd has informed BSE about the Financial Results & a copy of the Limited Review Report for the period ended June 30, 2012. Outcome of Board Meeting
MSP Steel & Power Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 06, 2012, has allotted 10,000,000 Equity Shares of Rs. 10/- each at a price of Rs. 60/- including a premium of Rs. 50/- per shares to the Promoters and Non Promoters on preferential basis, pursuant to the authority given by the members through postal ballot, result of which was declared on May 21, 2012. Updates
MSP Steel & Power Ltd has informed BSE that the Company has started commercial operation of its 34 MW Power Plant from July 01, 2012. With this commissioning the total Capacity of Power Plant has increased from 42MW to 76 MW. The power generated will be used both for captive purpose as well as for merchant sale.The Company has started sale of 27.5 MW of power from July 01, 2012 onwards on merchant basis. Board Meeting on July 06, 2012
MSP Steel & Power Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 06, 2012, to allot 10,000,000 Equity Shares of Rs. 10/- each at price of Rs. 60/- including a premium of Rs. 50/- per shares to the Promoters and Non Promoters on preferential basis, pursuant to the authority given by the members through postal ballot, result of which was declared on May 21, 2012. Board recommends Dividend
MSP Steel & Power Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2012, inter alia, have recommended a dividend @ 2.5% on the equity shares and 6% p.a. on the 6% non cumulative redeemable preference shares of the Company for the year ended March 31, 2012, subject to approval of the shareholders. Financial Results for March 31, 2012
MSP Steel & Power Ltd has informed BSE about the Financial Results for the period ended March 31, 2012. Result of Postal Ballot
MSP Steel & Power Ltd has informed BSE that the members of the Company have passed the resolutions by way of Postal Ballot. (For more details kindly refer Corporate Announcements on www.bseindia.com). Outcome of Court Convened General Meeting
MSP Steel & Power Ltd has informed BSE that in accordance with the directions of the Hon'ble High court of Judicature at Calcutta in Company Application No. 62 of 2012, the meeting of the equity shareholders of the Company was convened and held at Rotary Sadan 94/2, Chowringhee Road, Kolkata-700 020 on May 17, 2012 at 11:30 A.M. and, the equity shareholders have approved the Scheme with requisite majority.