Steelcast Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 29, 2020, inter alia, has recommended dividend subject to approval of shareholders at the ensuing Annual General Meeting @ 12%, i.e. @ 0.60 Rupees per equity share of face value of Rs..5.00, for the financial year 2019-20.
Submission of Audited Financial Results for the Quarter and year ended March 31, 2020 along with Auditor''s Report for the year ended 31st March, 2020.
Intimation pursuant to Regulation 30(2) read with Clause 7 of Para A of Part A of Schedule III of SEBl Listing Obligations and Disclosure Requirement) Regulation 2015 & SEBI circular no CIR/CFD/CMD/4/2015 dated September 09,2015
Following matters approved and considered by Board 1. Audited financial results for the quarter and year ended on 31st March, 2020. 2. The Board has recommended dividend subject to approval of shareholders at the ensuing Annual General Meeting @ 12%; i.e. @ 0.60 Rupees per equity share of face value of Rs. 5.00, for the financial year 2019-20. 3. After receiving recommendations from the Nomination & Remuneration committee meeting held today prior to Board of Directors Meeting, appointed Shri Hemantbhai D Dholakia (DIN: 00147408), as Independent Director subject to approval of shareholders in ensuing Annual General Meeting of the Company, for a term of 5 years. 4. Decided that the 49th Annual General Meeting will be held on Friday, 14th August, 2020 through Video Conferencing or Other Audio Visual Means. 5. M/s S. S. M. & Company, Statutory Auditor appointed for second term of 5 years subject to approval of shareholders at the ensuing Annual General Meeting of the Company.
Steelcast Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled to be held on June 29, 2020, through video conferencing to consider and approve inter alia the following items: 1. Audited Financial Results for the quarter and year ended March 31, 2020.2. Recommendation of dividend on equity shares for the financial year 2019-20, if any. 3. Matters relating to the ensuing Annual General Meeting of the Company.As per the Company's Code of Fair Disclosures and Conduct for Prevention of Insider Trading, adopted by the Board of Directors, pursuant to SEBI (Prohibition of Insider Trading) Regulation, 2015 as amended from time to time, the Trading Window for dealing in the securities of the Company will remain closed for all Designated Persons till July 01, 2020.
STEELCAST LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/06/2020 ,inter alia, to consider and approve Notice is hereby given that the 267th meeting of the Board of Directors of STEELCAST LIMITED is scheduled to be held on June 29, 2020, at the Registered Office, Ruvapari Road, Bhavnagar 364 005, Gujarat through video conferencing to consider and approve inter alia the following items: 1. Audited Financial Results for the quarter and year ended March 31, 2020. 2. Recommendation of dividend on equity shares for the financial year 2019-20, if any. 3. Matters relating to the ensuing Annual General Meeting of the Company. 4. Any other matters with permission of chair, if any.
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompaySTEELCAST LTD. 2CINL27310GJ1972PLC002033 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 29.13 4Highest Credit Rating during the previous FY BBB+ 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Mahesh Purohit Designation: Company Secretary EmailId: cs@steelcast.net Name of the Chief Financial Officer: Shubhash Sharma Designation: Chief Financial Officer EmailId: ss@steelcast.net Date: 01/06/2020 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
