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Outcome of Board Meeting

| Updated on February 17, 2016 Published on February 17, 2016

Steelcast Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 17, 2016, inter alia, the following matters have been considered and approved by the Board of Directors:

1. Preferential issue up to 20,24,000 Equity Shares of Rs. 5/- each of the Company at a price of Rs. 60/- (including premium of Rs. 55/-) per equity share to Non Promotes Investors, subject to the approval of the share holders of the Company in the Extraordinary General Meeting of the Company on the terms and conditions as prescribed under SEBI (ICDR) Regulations, 2009.

2. Notice of the Extraordinary General Meeting of the Company.

Source : BSE - >www.bseindia.com

Published on February 17, 2016
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