Nova Iron and Steel board approves reclassification of five entities from Promoter Group Back

<p>Nova Iron and Steel Limited informed the Bombay Stock Exchange that its board approved requests from Shivalikview Steel Trading Private Limited, Aarti Iron & Power Private Limited, Rockland Steel Trading Private Limited, Reward Capital Services Private Limited, and Nilanchal Investments Private Limited to reclassify from the “Promoter Group” category to the “Public” category, noting that these entities currently hold no shares and less than 1% of the company's voting rights.</p>