STEEL EXCHANGE INDIA LIMITED — Important, 30-06-2025: General Updates

Steel Exchange India Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company has incorporated a wholly owned subsidiary, SEIL Infra Logistics Limited, to diversify into construction and logistics. The subsidiary was capitalized with Rs. 15 lakh authorized capital, with Rs. 5 lakh paid-up through equity shares. This move aims to expand the company’s operational scope beyond its steel business. SEIL Infra Logistics is yet to commence operations. No financial impact from the subsidiary is reported yet.