Scan Steels Ltd — Important, 06-08-2026: Company Update

SCAN STEELS LTD has received listing approval from BSE for 21,44,239 new equity shares. These shares, with a face value of Rs.10 each and an issue price of Rs.58 (including a Rs.48 premium), were allotted to promoters and non-promoters. They originated from the conversion of Optionally Convertible Redeemable Preference Shares. This approval enables the trading of these shares, increasing the company's total listed equity and reflecting the conversion of existing preference share capital into common stock.