Sai Swami Metals & Alloys
36.00
0.00(0.00%)
Market Cap₹45.10 Cr
PE Ratio12.16
Company Performance:
1D0.00%
1M-2.70%
6M+7.11%
1Y-32.24%
5Y-69.92%
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Latest news about Sai Swami Metals & Alloys
Sai Swami Metals & Alloys Limited Expands with Dubai Subsidiary for IT and Steel Operations Jul 28, 2025
Sai Swami Metals & Alloys Limited (SSMLL) has approved a proposal to establish a wholly owned subsidiary or acquire a company in Dubai, UAE. The new entity will focus on IT-related and steel business operations. SSMLL will hold 100% shareholding with full voting rights. The initial share capital is set at 1,00,000, funded through cash or banking channels. Nipun Anantlal Bhagat, SSMLL's Chairman cum Managing Director, will serve as the nominee shareholder and manager, pending approval. This move aims to expand SSMLL's footprint in IT and steel sectors, leveraging Dubai's strategic location.