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

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

Date of Reporting : October 12, 2009
Name of the Company : JSW Steel Ltd
Total no of outstanding shares of the Company : 187048682

Name of the Entity: Vrindavan Services Pvt Ltd

Details of Transaction
Date of Transaction : October 05, 2009
Number of Shares Revoked : 505000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 1,659,571
Total No of shares pledged : 227,272
% of total shares pledged to total no of shares held by the entity in the Company : 13.69%
% of shares pledged to total no of outstanding shares of the Company : 0.12%

Name of the Entity: Nalwa Sons Investments Ltd

Details of Transaction
Date of Transaction : October 05, 2009
Number of Shares (Revoked) : 464000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 4,548,537
Total No of shares pledged : 1,193,337
% of total shares pledged to total no of shares held by the entity in the Company : 26.24%
% of shares pledged to total no of outstanding shares of the Company : 0.64%

Name of the Entity: Nalwa Sons Investments Ltd

Details of Transaction
Date of Transaction : October 06, 2009
Number of Shares Revoked : 200000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 4,548,537
Total No of shares pledged : 1,173,337
% of total shares pledged to total no of shares held by the entity in the Company : 25.80%
% of shares pledged to total no of outstanding shares of the Company : 0.63%

Pledge Summary consequent to the above transaction:

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.
Total No of Shares Pledged : 11,151,831
% of Shares Pledged to total no of Outstanding shares of the Company : 5.69%

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 : 22,763,955
% of Shares Pledged to total no of Outstanding shares of the Company : 12.17%