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

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

1. Date of Reporting : March 03, 2011
Name of the Company : Bhushan Steel Ltd
Total no of outstanding shares of the Company : 212358310

Name of the Entity : Neeraj Singal

Details of Transaction
Date of Transaction : February 25, 2011
Number of Shares Pledged : 270000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 46902055
Total No of shares pledged : 9613965
% of total shares pledged to total no of shares held by the entity in the Company : 20.50%
% of shares pledged to total no of outstanding shares of the Company : 4.53%

Name of the Entity : Neeraj Singal

Details of Transaction
Date of Transaction : February 26, 2011
Number of Shares Revoked : 2481175

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 46902055
Total No of shares pledged : 7132790
% of total shares pledged to total no of shares held by the entity in the Company : 15.21%
% of shares pledged to total no of outstanding shares of the Company : 3.36%

2. Date of Reporting : March 08, 2011

Name of the Entity : Neeraj Singal

Details of Transaction
Date of Transaction : March 04, 2011
Number of Shares Revoked : 22000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 46902055
Total No of shares pledged : 7110790
% of total shares pledged to total no of shares held by the entity in the Company : 15.16%
% of shares pledged to total no of outstanding shares of the Company : 3.35%

Name of the Entity : Neeraj Singal

Details of Transaction
Date of Transaction : March 07, 2011
Number of Shares Pledged : 2790000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 46902055
Total No of shares pledged : 9900790
% of total shares pledged to total no of shares held by the entity in the Company : 21.11%
% of shares pledged to total no of outstanding shares of the Company : 4.66%

Name of the Entity : Brij Bhushan Singal

Details of Transaction
Date of Transaction : March 07, 2011
Number of Shares Pledged : 150000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 41558130
Total No of shares pledged : 6421680
% of total shares pledged to total no of shares held by the entity in the Company : 15.45%
% of shares pledged to total no of outstanding shares of the Company : 3.20%

Source : BSE - >www.bseindia.com