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Scan Steels board meeting outcome announcements

Every Scan Steels board meeting outcome announcement on NSE and BSE, newest first, each with its own page.

17:39 IST BSE
Board Meeting OutcomeScan Steels Ltd SCANSTL

Scan Steels Board Meeting Outcome

Scan Steels Ltd allotted 21,44,239 equity shares of Rs. 10 each following the conversion of 20,42,133 optionally convertible redeemable preference shares (OCRPS). The allotment was made to three entities, including Bayanwala Brothers Pvt Ltd, which holds a 16.36% post-allotment stake. The conversion follows a shareholder resolution dated May 14, 2025.