MSP Steel & Power Ltd
BSE : 532650
NSE : MSPL
Sector :Metals & Mining
ISIN Code : INE752G01015
NSE
40.82
-1.17 (-2.79%)
BSE
41.06
-0.94 (-2.24%)
Board Meeting Outcome for Sub: Intimation Under Regulation 30 Of SEBI (Listing Obligations And DisclosureRequirements) Regulations 2015 SEBI (Listing Regulations)- Outcome Of Board MeetingDated 31St December 2024
04:01 PM,7th Jan 2025
This is to inform you that pursuant to the Regulation 30 of SEBI Listing Regulations the Board has decided the following matters:1. The Company placed the conversion notice received from theOCD holders2. Upon receipt of the aforesaid notice as per the terms of the Conversion of Outstanding OCDs the Boardof Directors considered and approved the allotment of 17923751 nos. equity shares having face valueof Rs. 10/- each at Rs. 46/- (including premium of Rs. 36/- per share) to the allottees (categorized aspublic) of the Company on preferential basis in terms of SEBI (Issue of Capital & DisclosuresRequirement) Regulation 2018.The new equity shares so allotted shall rank pari-passu with the existing equity shares of the Company.
