Scan Steels Allots 21.44 Lakh Shares via OCRPS Conversion
Conversion
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
4th Sep 2026
Key Quantitative Figures
- Number of Equity Shares: 21,44,239
- Face Value: ₹10 per share
- Issue Price: ₹58 per equity share (₹10 face value + ₹48 premium)
- Distinctive Numbers: 58602296 to 60746534
Dates and Timeline
- BSE Trading Approval Letter Date: September 3, 2026
- Trading Effective Date: September 4, 2026
Parties Involved
- Issuing Company: Scan Steels Limited
- Regulatory Authority: BSE Limited
- BSE Representative: Nitin Pujari, Assistant Vice President
Transaction Details
- Mode of Issue: Preferential basis
- Purpose: Conversion of Optionally Convertible Redeemable Preference Shares (OCRPS)
- Allottee Categories: Promoter and Non-Promoter categories
- Share Status: The equity shares shall rank pari passu in all respects with existing equity shares of the company
Document Verification
- The company has enclosed the Trading Approval Letter received from BSE Limited
- Digital signature verification: Prabir Kumar Das, dated September 4, 2026 at 11:33:13 IST