Scan Steels Allots 21.44 Lakh Equity Shares via OCRPS Conversion

Scan Steels board approved allotment of 21,44,239 equity shares via conversion of 20,42,133 OCRPS on April 27, 2026.
Three private companies received shares: Bayanwala Brothers (11.63 lakh shares, 16.36%), Gopikar Supply (4.91 lakh shares, 6.46%), and Ascon Merchandise (4.90 lakh shares, 4.30%).
The conversion was executed per shareholder resolution dated May 14, 2025, and disclosed under SEBI Listing Regulations.