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

October 21, 2009

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

Date of Reporting : October 21, 2009
Name of the Company : JSW Steel Ltd
Total no of outstanding shares of the Company : 187048682

Name of the Entity: Colorado Trading Company Ltd

Details of Transaction
Date of Transaction : October 08, 2009
Number of Shares Revoked : 51900

Aggregate details after the transaction
Total no of shares held by the entity in the company: 908318
Total No of shares pledged : 0
% of total shares pledged to total no of shares held by the entity in the Company : 0.00%
% of shares pledged to total no of outstanding shares of the Company : 0.00%

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 : 11,099,931
% of Shares Pledged to total no of Outstanding shares of the Company : 5.93%

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%


Source: BSE India   Type: Announcements

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