Kalyani Steels Board recommends dividend
Kalyani Steels Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 20, 2005, inter alia, has recommended a final dividend of 15% on the Equity Share capital of the Company i.e. Rs 1.50 per Equity Share, subject to approval of the shareholders. Considering the Interim Dividend of 5% paid by the Company, total dividend for the year 2004-05 will be 20%. Kalyani Steels Board to recommend dividend
Kalyani Steels Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 20, 2005, inter alia, to consider the Audited Financial Results for the year ended March 31, 2005 and proposal of recommendation of final dividend for the year ended March 31, 2005. Kalyani Steels - Commencement for Captive power plant
Kalyani Steels Ltd has informed BSE that 7.5 MW capacity Power Plant has been commissioned by the Company on April 20, 2005. The Power Plant has been commissioned for 'Captive Consumption', by using the blast furnace gases generated by mini blast furnaces. Kalyani Steels Board grants in principal approval for enhancing production capacities
Kalyani Steels Ltd has informed BSE that the Board of Directors of the Company in their meeting held on January 28, 2005, have granted in principle approval, for enhancing the Company's production capacities, by enlarging its manufacturing facilities, subject to obtaining of necessary approval(s) /permission(s) /sanction(s) etc. Kalyani Steels Board declares interim dividend
Kalyani Steels Ltd has informed BSE that at the meeting of the BoD have declared an interim dividend of 5% for the year 2004-05, on the equity share capital of the company. Kalyani Steels - Allotment of shares under Scheme of Arrangement
Kalyani Steels Ltd has informed BSE that the Finance Committee of Directors in its meeting held on March 13, 2004 has issued and allotted 1,20,00,000 fully paid equity shares of Rs.10/- each at par to the shareholders of Kalyani Ferrous Industries Ltd, the transferor Company, pursuant to Scheme of Arrangement between Kalyani Ferrous Industries Ltd and the Company. 25% of this newly issued and allotted capital, is under lock-in for three years from the date of listing. Kalyani Steels - Court approves Scheme of Arrangement
Kalyani Steels Ltd has informed BSE that Hon'ble High Court of Judicature at Bombay on January 15, 2004 has approved the Scheme of Arrangement between Kalyani Ferrous Industries Ltd (KFIL) and the Company, for Amalgamation of Kalyani Ferrous Industries Ltd. with the company and for utilisation of securities premium account of the company for specific purposes. Kalyani Steels members approve the Scheme of Arrangement.
Kalyani Steels Ltd has informed BSE that at the meeting of the shareholders, convened on November 29, 2003 as per the directions of the High Court of Judicature of Bombay, the shareholders have unanimously approved the following:1. The Scheme of Arrangement between Kalyani Ferrous Industries Ltd with the Company.2. Utilisation of Securities Premium Account of the Company for specific purposes.... Kalyani Steels Board approves Scheme of Arrangement
The Board of Directors of Kalyani Steels Ltd at their meeting held on August 18, 2003 have approved the Scheme of Arrangement for the following purposes:The Amalgamation of Kalyani Ferrous Industries Ltd (KFIL) with Kalyani Steels Ltd (KSL), whereby shareholders of KFIL for every 9 fully paid equity shares of Rs 10/- held by them of KFIL, will get 2 fully paid up equity shares of Rs 10/- each of KSL....