Scan Steels Ltd — Board Meeting, 12-04-2025: Board Meeting

Scan Steels Ltd has announced a board meeting to defer discussions regarding an initial investment proposal to acquire equity shares in a private company. Details on the price and terms of acquisition will be addressed in a future meeting after conducting valuations and due diligence. The current board meeting, initially set for April 12, 2025, has been postponed. This delay may create uncertainty among investors regarding the company's strategic direction and commitment to growth opportunities, potentially impacting sentiment in the short term while further evaluations are conducted.