General Announcement::Scheme of Amalgamation providing for the merger of wholly owned subsidiaries

Issuer & Securities

Issuer/ Manager
JSW STEEL LIMITED
Securities
JSWSTEELUS$500M4.75%N191112 - XS1133588233 - 20PB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
25-Oct-2018 20:08:26
Status
New
Announcement Sub Title
Scheme of Amalgamation providing for the merger of wholly owned subsidiaries
Announcement Reference
SG181025OTHR2CF4
Submitted By (Co./ Ind. Name)
JSW Steel Limited
Designation
Company Secretary
Effective Date and Time of the event
25/10/2018 15:10:00
Description (Please provide a detailed description of the event in the box below)
We hereby inform you that the Board of Directors ( Board ) of the Company at its meeting held on October 25, 2018, has considered and approved the Scheme of Amalgamation ( Scheme ) pursuant to sections 230 - 232 and other applicable provisions of the Companies Act, 2013, providing for the merger of its wholly owned subsidiaries, Dolvi Minerals and Metals Private Limited, Dolvi Coke Projects Limited, JSW Steel Processing Centres Limited, and JSW Steel (Salav) Limited ( Transferor Companies ) with JSW Steel Limited ( Transferee Company ).

The Scheme would be subject to the requisite statutory / regulatory approvals including the approval of the National Company Law Tribunal (Mumbai Bench).

Attachments

Merger.pdf
Total size =250K