Scan Steels

Scan Steels Ltd's board discussed a proposed expansion plan involving an estimated ₹850 crore investment in steel-related projects, including a 12 LTPA pellet plant, a 2.5 LTPA DRI unit, and a 50 MW captive power plant. The plan is at a preliminary stage and subject to feasibility studies, funding, and regulatory approvals. If executed, it would lift the company's finished steel capacity from 2.0 LTPA to approximately 7.5 LTPA by FY31.

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Oct 31 (Reuters) - Scan Steels SANS.BO:

• SEPT-QUARTER CONSOL NET PROFIT 1.9 MILLION RUPEES

• SEPT-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 1.33 BILLION RUPEES

Source text: ID:nBSE7J82NB

Further company coverage: SANS.BO

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Jan 9 (Reuters) - Scan Steels Ltd SANS.BO:

• SCAN STEELS LTD - TO INVEST UP TO 100 MILLION RUPEES IN KARMA RE-ROLLERS

Source text: ID:nBSEbCqtFK

Further company coverage: SANS.BO

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** Shares of Scan Steels SANS.BO slide 12.7% to 53.99 rupees

** Co's Q2 consol net loss was 8.4 mln rupees ($99,731.67) vs profit of 33.4 mln rupees year ago, revenue slumped 46.5% Y/Y

** Trading vols at 478,001, 4.7X 30-day average

** Session's losses erase stock's YTD gains, stock now down ~8% YTD

($1 = 84.2260 Indian rupees)

(Reporting by Vijay Malkar)

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Nov 5 (Reuters) - Scan Steels Ltd SANS.BO:

• GOBINDA CHANDRA NAYAK RESIGNS AS CFO

• NAMES KALYAN KIRAN MISHRA AS CFO

Source text: ID:nBSE5dzRGm

Further company coverage: SANS.BO

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Jan 12 (Reuters) - Scan Steels Ltd SANS.BO:

• TO CONSIDER CHANGE IN TERMS OF NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARES

Source text for Eikon: ID:nBSE5XddGC

Further company coverage: SANS.BO

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