May, 09 2026 Saturday 03:48 Hrs
Last update 11-9-2025
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Company News Details

Steel Exchange India Ltd
Industry :  Steel - Medium / Small
BSE Code
ISIN Demat
Book Value()
534748
INE503B01021
4.3769587
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
STEELXIND
71.07
1359.7
EPS(TTM)
Face Value()
Div & Yield %
0.15
1
0
 

Steel Exchange India Ltd
Steel Exchange India raises capital via allotment of warrants and equity shares
May 04,2026
Steel Exchange India has allotted 4.40 crore convertible equity warrants at Rs 9.45 per warrant on preferential basis, aggregating to Rs 10.40 crore on receipt of 25% subscription amount.

The company also allotted 14.10 lakh equity shares on conversion of 2,82,97,870 existing warrants following receipt of balance subscription money aggregating to Rs 29.92 crore.

Commenting on the update, the management of Steel Exchange India said: “ The warrant allotment and subsequent conversion represent a strategic step in strengthening our capital base and enhancing financial flexibility. This positions us well to scale operations, improve supply chain efficiencies and pursue growth opportunities across the steel value chain, while continuing to build long-term value.”

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