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Steel Exchange India's board met, approving standalone financial results for Q1 FY26. The company reported a net profit of ₹10.23 Cr. A proposal to raise up to ₹150 Cr via a rights issue was discussed but deferred, as the board felt the amount was insufficient for future needs and will reassess. Additionally, Mr. Suresh Kumar Bandi was re-appointed as Joint Managing Director for three years, pending shareholder approval, ensuring leadership continuity.