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SAL Steel
22.
17
+3.69
(+19.97%)
Market Cap
₹188.37 Cr
PE Ratio
29.26
Industry
Metals & Mining
Buy
Sell
Company Performance:
1D
+19.97%
1M
+35.02%
6M
+18.75%
1Y
-4.69%
5Y
+571.82%
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Latest news about SAL Steel
SAL Steel Announces Major Stake Sale and Preferential Issue to Sree Metaliks Limited
2 days ago
SAL Steel Limited's board approved a significant ownership change and capital infusion. Sree Metaliks Limited will acquire shares from current promoters, becoming the new promoter. A preferential issue of ₹99 crore to Sree Metaliks includes equity shares and convertible warrants at ₹18 per share. Funds will be used for working capital, a new pellet plant, facility upgrades, and infrastructure improvements. The transaction involves a mandatory open offer and reclassification of existing promoters as public shareholders. SAL Steel's authorized share capital will increase to ₹145 crore.
SAL Steel Approves Strategic Agreements with Sree Metaliks, Paving Way for New Promoter
3 days ago
SAL Steel Reports Net Loss of Rs 9.68 Crore in Q1 Amid Rising Expenses
Aug 14, 2025
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