Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

Stelco Strips Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

Date of Reporting : January 07, 2011
Name of the Company : Stelco Strips Ltd
Total no of outstanding shares of the Company : 89,75,000

Name of the Entity : Abhishek Jindal

Details of Transaction
Date of Transaction : January 04, 2011
Number of Shares Pledged : 350000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 356900
Total No of shares pledged : 350000
% of total shares pledged to total no of shares held by the entity in the Company : 98.1%
% of shares pledged to total no of outstanding shares of the Company : 3.9%

Name of the Entity : Kamal kanta

Details of Transaction
Date of Transaction : January 04, 2011
Number of Shares Pledged : 350000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 353167
Total No of shares pledged : 350000
% of total shares pledged to total no of shares held by the entity in the Company : 99.1%
% of shares pledged to total no of outstanding shares of the Company : 3.9%

* These equity shares have been pledged by the constituents of the Promoter Group of M/s stelco Strips Ltd in favour of IDBI Bank Ltd.Read More