Scan Steels Ltd — Important, 04-09-2026: Company Update

Scan Steels has received trading approval from BSE for 2,144,239 new Equity Shares. These shares, with a face value of ₹10 each and issued at ₹58 per share, were allotted to Promoter and Non-Promoter categories. They originate from the conversion of Optionally Convertible Redeemable Preference Shares (OCRPS) issued on a preferential basis. This approval means these new shares are now listed and available for trading on the exchange, impacting the company's equity base and potentially shareholder liquidity.