Lloyds Steel to be renamed Uttam Value Steels
18 Feb 2013 7:47 AM IST
Loss-making Lloyds Steel, in which Uttam Galva group had acquired 58.35 per cent stake in December, has decided to rename itself as Uttam Value Steels and has sought shareholders approval for the same.
The company's Board has already approved the name change, and now it has sought shareholders approval at the forthcoming Extraordinary General Meeting. '...approval of the members of the company is hereby accorded for change in the name of the company from Lloyds Steel Industries Ltd to Uttam Value Steels Ltd,' Lloyds Steel said in a communique to the shareholders, calling for an EGM on 4 March to seek their approval.
The company's Board has already approved the name change, and now it has sought shareholders approval at the forthcoming Extraordinary General Meeting. '...approval of the members of the company is hereby accorded for change in the name of the company from Lloyds Steel Industries Ltd to Uttam Value Steels Ltd,' Lloyds Steel said in a communique to the shareholders, calling for an EGM on 4 March to seek their approval.
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