Steel Exchange India Limited Has Strengthened Its Capital Base Through an Upfront INR 75 Crore Infusion by Allotting Convertible Warrants

Vishakhapatnam (Andhra Pradesh) [India], April 21: Steel Exchange India Limited (NSE: STEELXIND, BSE:  534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has received an aggregate amount of ₹75 Crore from M/s India Coke and Power Private Limited and M/s IMR Steel Private Limited (IMR Group-a […]

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Steel Exchange India Ltd (SEIL) to Raise INR 350 Cr via Preferential Issue; IMR Group to Invest 300 Cr in the Company

Mumbai (Maharashtra) [India], March 05: IMR Group (“IMR”), a leading international metals and mining conglomerate, today announced a strategic investment of INR 300 Crores in Steel Exchange India Limited (“SEIL”) through subscription to share warrants. The investment will be made through IMR’s Indian entities — India Coke and Power Private Limited (“ICPPL”) and IMR Steel Private […]

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