What happened
FactThe board approved increasing DRI capacity at Ghugus to 8,15,000 MTPA and Konsari to 92,400 MTPA, taking total DRI capacity above 9,00,000 MTPA. It also approved two separate private-placement NCD issuances of up to Rs. 600 Crore and Rs. 950 Crore, subject to regulatory and statutory approvals, and allotted 1,41,969 equity shares to the ESOP Trust at Rs. 4 per share.
8,15,000 MTPAGhugus DRI capacity
Approved enhanced plant capacity
92,400 MTPAKonsari DRI capacity
Approved enhanced plant capacity
Exceeding 9,00,000 MTPATotal DRI capacity
Capacity after the approved enhancements
Up to Rs. 600 CroreFirst NCD issuance
Approved private-placement issuance
Up to Rs. 950 CroreSecond NCD issuance
Approved private-placement issuance
1,41,969 equity sharesESOP shares allotted
Shares allotted to Lloyds Employees Welfare Trust
Rs. 4 per equity shareESOP allotment price
Issue price, including Rs. 3 per equity share as premium
Rs. 56,30,48,920Post-allotment paid-up equity share capital
Paid-up capital after the ESOP allotment