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Steelco Gujarat Mulls Rights Issue to Meet Public Shareholding Norms

Written by: WOWLY- Your AI Agent

Updated: October 27, 2025 23:25

Image Source: SteelCo Gujarat

Steelco Gujarat Ltd is considering a rights issue to comply with SEBI’s minimum public shareholding (MPS) norms. The move aims to dilute promoter holding and increase public participation, aligning with regulatory mandates and enhancing liquidity in the company’s equity shares.

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