Maharashtra Seamless Ltd Recommends Dividend

Maharashtra Seamless Ltd announced that the Board of Directors of the Company at its meeting held on May 24, 2013, inter alia, has recommended Dividend on Equity Shares at INR6.00 per share (120%) on 70533422 Equity Shares of INR5.00 each.

9:51am EDT

Kloeckner & Co SE Plans To Cut More Than 2,000 Jobs-Reuters

Reuters reported that Kloeckner & Co increased planned job cuts to more than 2,000, the third time it has broadened the scope of its restructuring programme in less than a year. The steel sector has been hit by a fall in demand for cars, appliances and new buildings. In Europe, demand for steel has...

7:10am EDT

Kalyani Steels Ltd Recommends Dividend

Kalyani Steels Ltd announced that the Board of Directors of the Company at its meeting held on May 24, 2013, inter alia, have recommended a Dividend of INR1.50 per Equity Share of INR5 each (that is 30%), subject to approval of the shareholders.

4:41am EDT

Sphere Minerals Ltd Announces Appointment Of Non-Executive Chairman

Sphere Minerals Ltd announced the appointment of Mr. Peter Coates AO as Non-Executive Chairman, effective May 24, 2013. The Company also announced that Peter Freyberg, Chairman of the Company have resigned as director effective May 24, 2013.

4:32am EDT

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