STEEL EXCHANGE INDIA LIMITED — QIP/Rights/Pref., 31-10-2024: Allotment of Securities

Steel Exchange India Limited has approved the allotment of 28,297,870 Convertible Equity Warrants on a preferential basis to non-promoter Gunakala Vijayalakshmi. Each Warrant has a face value of Re.1 and an issue price of Re.14.10, totaling approximately Rs.39.90 crore. This decision was made by the Board of Directors in a circular resolution.