Bhushan Steel - diluting stake - no !

With reference to the news item appearing in a leading financial daily titled "Bhushan Steel share up 45%", Bhushan Steel Ltd has clarified that, "as on date neither the Company has any plan nor had any conversation with any body in the past regarding diluting the stake.

We ourselves got astonished on seeing the news which has already been denied. There is no substance in the news published on the financial daily."