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Steel Exchange India updates on scheme of merger

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Capital Market

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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First Published: Jul 27 2015 | 7:35 PM IST

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