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

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

Date of Reporting : May 10, 2011
Name of the Company : JSW Steel Ltd
Total no of outstanding shares of the Company : 223,117,200

Name of the Entity : JSW Energy Investments Pvt Ltd

Details of Transaction
Date of Transaction : May 06, 2011
Number of Shares Pledged / (Revoked) : 862.360

Aggregate details after the transaction
Total no of shares held by the entity in the company : 13,764,364
Total No of shares pledged : 12,030,007
% of total shares pledged to total no of shares held by the entity in the Company : 87.40%
% of shares pledged to total no of outstanding shares of the Company : 5.39%

Name of the Entity : Reynold Traders Pvt Ltd

Details of Transaction
Date of Transaction : May 06, 2011
Number of Shares Pledged / (Revoked) : (30,000)

Aggregate details after the transaction
Total no of shares held by the entity in the company : 1,222,006
Total No of shares pledged : 1,192,006
% of total shares pledged to total no of shares held by the entity in the Company : 97.55%
% of shares pledged to total no of outstanding shares of the Company : 0.53%

Pledge Summary consequent to above transactions:
Purpose & Nature of Pledge : Pledged as security for credit facilities availed by the promoter group entities for acquisition of equity shares of JSW Steel Ltd, JSW Energy Ltd & for other investment purposes.
Total No of Shares Pledged : 21,770,649
% of Shares Pledged to total no of Outstanding shares of the Company : 9.76%

Purpose & Nature of Pledge : Pledged (including shares pledged under Corporate Debt Restructuring Package of JSW Steel Ltd) as collateral security for financial facilities availed by JSW Steel Ltd, JSW Energy Ltd & JSW Power Trading Company Ltd.
Total No of Shares Pledged : 850,000
% of Shares Pledged to total no of Outstanding shares of the Company : 0.38%

Source : BSE - >www.bseindia.com

Published on May 10, 2011
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