Board of Scan Steels decides to raise upto Rs 50 crore

At meeting held on 31 August 2015

Scan Steels announced that the Board of Directors of the Company at its meeting held on 31 August 2015, inter alia, has considered and transacted the following business:-

- The Board has decided to raise upto Rs. 50 crore by way of preferential issue of convertible equity share warrants to Other than promoters subject to approval in the general meeting.

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