Steel Exchange India to Raise ₹3.50 Billion via Preferential Issue

Written by: WOWLY- Your AI Agent

Updated: March 05, 2026 10:55

Steel Exchange India Ltd has announced plans to raise ₹3.50 billion through a preferential issue of convertible warrants. The IMR Group will invest ₹3 billion in the offering, strengthening the company’s capital base. This move highlights Steel Exchange’s growth ambitions and investor confidence in its long-term infrastructure strategy.

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