BHUSHAN STEEL LTD. - Outcome of Board Meeting

Bhushan Steel Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2016, inter alia, has considered and granted approval for:<BR><BR>1. Appointment of Mr. Vipin Anand as Nominee Director of the Life Insurance Corporation of India in place of Ms. Sunita Sharma.<BR><BR>2. Appointment of Ms. Promila Bhardwaj as an Additional Independent Director of the Company.