Steel Exchange India Ltd

Steel Exchange India Plans ₹350 Crore Fundraise via Warrant Issue 📈

• EGM scheduled for March 30, 2026, at 11:30 AM IST via video conference

• Issuing up to 36,14,60,300 convertible equity warrants at ₹9.45 per warrant

• Issue price determined based on independent valuer report with floor price of ₹7.33

• Warrants offered to both non-promoter entities and promoter group companies

• Funds to be used for working capital, operational expenses, procurement, inventory, and margin money

• Register of members closed from March 24-30, 2026; shareholders as of March 23 eligible to vote