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Outcome of board meeting of India Steel Works

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Capital Market
Last Updated : Jun 15 2018 | 7:31 PM IST

Held on 15 June 2018

The Board of India Steel Works at its meeting held on 15 June 2018 discussed and is contemplating to reorganize the business to achieve among other matters a) operational ease of manufacturing and compliance, b) better funding and utility of the manufacturing facility of Company, c) efficient business model and other transaction benefits. The approval of shareholders of the Company will be sought in ensuing General Meeting as per the provisions of Companies Act, 2013 and other regulations as may be applicable.

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First Published: Jun 15 2018 | 7:02 PM IST

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