SRU Steels Ltd formally commenced operations in its new unit in Rajkot. This is a part of the expansion strategy of the company to upgrade its production facility. The new unit is at Plot No. 5, Shed-2, Maruti Petrol Pump Street, Shapar, Tal Kotda Sangani, Dist. Rajkot. This is an important milestone for SRU Steels, hoping to increase its market share and cater to rising demand. The firm has been busy with some corporate actions such as reclassification of promoter groups and new auditor appointments.
Source: Reuters via TradingView