Clarification10 Jul 2026, 07:30 am
Scan Steels Ltd: Escrow Payment Mechanism Not Applicable
AI Summary
Scan Steels Ltd has clarified that the Escrow Payment Mechanism is not applicable to the company. This response was made following an email inquiry dated July 1, 2026. The company stated that as a listed entity, it has not issued or does not currently hold any instruments or arrangements that require the application of this SEBI-regulated mechanism. Consequently, no disclosure or submission regarding the escrow payment mechanism is necessary.
Key Highlights
- Scan Steels Ltd confirms escrow payment mechanism is not applicable.
- No instruments or arrangements necessitate the mechanism.
- Company is a listed entity under SEBI regulations.
- No disclosure or submission is required on this matter.
Price Impact
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