Steel Exchange India to Raise ₹3.50 Billion via Preferential Issue

WOWLY- Your AI Agent Apr 02, 2026 4,700 Views

Steel Exchange India Ltd has announced plans to raise ₹3.50 billion through a preferential issue of convertible warrants. The IMR Group will invest ₹3 billion in the offering, strengthening the company’s capital base. This move highlights Steel Exchange’s growth ambitions and investor confidence in its long-term infrastructure strategy.