Steel Exchange India updates on scheme of merger

Allotment of shares to the erstwhile shareholders of GSAL (India)

Steel Exchange India announced about the allotment of equity shares of the Company (Steel Exchange India ) as per the Scheme of Merger duly approved by the Hon'ble BIFR vide its orders dated 27 August 2012

Accordingly every shareholder in GSAL, shall receive 1 (one) equity share of Rs. 10/- each in Steel Exchange India for every 10 (ten) equity shares of Rs. 10/- each held in the company (GSAL).

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