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The Sales for the quarter ended September 2018 of Rs. 1606.72 millions rose by 40.77% from Rs. 1141.36 millions.The Net Profit of the company vaulted to 5024.09% to Rs. 70.20  millions from Rs. 1.37 millions in the previous quarter.The company reported a good operating profit of 157.20 millions compared to 55.87 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 1606.72 1141.36 40.77 3505.63 2268.52 54.53 5185.62 4181.89 24.00 Other Income 2.86 12.29 -76.73 6.49 22.40 -71.03 11.73 20.51 -42.81 PBIDT 157.20 55.87 181.37 306.52 151.24 102.67 588.28 182.79 221.83 Interest 10.12 5.66 78.80 64.10 49.76 28.82 360.26 131.86 173.21 PBDT 147.08 50.21 192.93 242.42 101.48 138.88 228.02 50.93 347.71 Depreciation 31.21 29.73 4.98 62.49 78.94 -20.84 173.10 200.26 -13.56 PBT 115.87 20.48 465.77 179.93 22.54 698.27 54.92 -149.33 -136.78 TAX 45.67 19.11 138.98 48.03 50.29 -4.49 74.60 -31.27 -338.57 Deferred Tax 19.50 14.52 34.30 8.13 45.70 -82.21 61.31 -31.27 -296.07 PAT 70.20 1.37 5024.09 131.90 -27.75 -575.32 -19.68 -118.06 -83.33 Equity 0.00 523.52 0.00 523.52 523.52 0.00 523.52 515.52 1.55 PBIDTM(%) 9.78 4.90 99.88 8.74 6.67 31.15 11.34 4.37 159.54

Scan Steels is currently trading at Rs. 31.20, up by 0.05 points or 0.16% from its previous closing of Rs. 31.15 on the BSE.The scrip opened at Rs. 31.20 and has touched a high and low of Rs. 31.20 and Rs. 31.20 respectively. The BSE group `X` stock of face value Rs. 10 has touched a 52 week high of Rs. 43.15 on 24-Sep-2018 and a 52 week low of Rs. 13.40 on 12-Oct-2017.Last one week high and low of the scrip stood at Rs. 32.70 and Rs. 28.75 respectively. The current market cap of the company is Rs. 163.08 crore.The promoters holding in the company stood at 48.10%, while Non-Institutions held 51.90% stake in the company.Scan Steels has entered in One Time Settlement (OTS) with three Lender Banks among consortium members namely IDBI Bank, Bank of India and Central Bank of India. The company has made full and final payment under OTS/NS Scheme with IDBI Bank for Rs 23 crore, Bank of India for Rs 13 crore and with Central Bank of India with Rs 5 crore.Scan Steels is renowned name in Iron and Steel Industry backed by 21 glorious years of experience in steel making. It is under his stewardship the company grew from strength to strength and now has steel manufacturing facilities.

Scan Steels has informed that the meeting of the Board of Directors of the Company will be held on August 20, 2016, to approve and adopt the Board’s Report for the financial year ended March 31, 2016; to fix the Day, Date, Place and time for calling the AGM for the year ended March 31, 2016; to fix the date of Book Closure; and to fix the Cutoff date for the E - Voting. Further in term of Code of Conduct to regulate, monitor and report trading by insiders, the Trading Window for dealing in the securities of the Company shall remain closed for the Directors / Officers / Designated Employees and dependents covered under the Code from the close of business hours of August 11, 2015 till 48 hours after the announcement of outcome of Board Meeting to the Stock Exchanges. Accordingly, all the Designated Employees (including Directors) of the Company have been intimated not to enter into any transaction involving the securities of the Company during the aforesaid period of closure of trading window.The above information is a part of company’s filings submitted to BSE.

Scan Steels has submitted a copy of Revised Financial Results for March 31, 2016 after Rectifying EPS Figures.The above information is a part of company’s filings submitted to BSE.

Bayanwala Brothers has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011.The above information is a part of company’s filings submitted to BSE.

Scan Steels has informed about outcome of board meeting held on February 26, 2016.The above information is a part of company’s filings submitted to BSE.

Scan Steels has informed about Revision in Ratings.The above information is a part of company’s filings submitted to BSE.

Scan Steels has informed that a meeting of the Board of Directors of the Company will be held on December 16, 2015, to consider the allotment of Equity Share on conversion of warrants issued / allotted by the Company on October 14, 2015 as per In-principle approval of stock exchange. Pursuant to Code of Conduct to regulate, monitor and report trading by insiders, the Trading Window for dealing in the securities of the Company shall remain closed for the Directors / Officers / Designated Employees and dependents covered under the Code from the close of business hours of December 08, 2015 till 48 hours after the announcement of outcome of Board Meeting to the Stock Exchanges.The above information is a part of company’s filings submitted to BSE.

Scan Steels has informed that a meeting of the Board of Directors of the Company will be held on November 25, 2015, to consider the allotment of Equity Share on conversion of warrants issued / allotted by the company on October 14, 2015 as per In-principle approval of BSE. Pursuant to Code of Conduct to regulate, monitor and report trading by insiders, the Trading Window for dealing in the securities of the Company shall remain closed for the Directors / Officers / Designated Employees and dependents covered under the Code from the close of business hours of November 20, 2015 till 48 hours after the announcement of outcome of Board Meeting to the Stock Exchanges.The above information is a part of company’s filings submitted to BSE.

Scan Steels has informed about Result of Postal Ballot.The above information is a part of company’s filings submitted to BSE.

Scan Steels has informed that the members of the Company will consider to approve the resolutions, by way of Postal Ballot.The above information is a part of company’s filings submitted to BSE.

Scan Steels has informed about Outcome of Board Meeting held on July 03, 2015.The above information is a part of company’s filings submitted to BSE.