JSW Steel equity & preference shareholders to approve Scheme of Amalgamation

JSW Steel Ltd has informed that pursuant to the Order made by the High Court of Judicature at Bombay, separate meeting of the equity shareholders & preference shareholders of the Company will be held on December 28, 2007, for the purpose of considering and if though fit, approving with or without modification(s), the arrangement embodied in the Scheme of Amalgamation of Southern Iron & Steel Company Ltd with the Company.

Further the Company has informed that, an Extra Ordinary General Meeting (EGM) of the equity shareholders of the Company will be held on December 28, 2007, or soon after the Court Convened Meeting of the equity shareholders, whichever is later.