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India Steel Works LtdOthers, 09-08-2025: AGM/EGM

09-08-2025 | 03:46 pm

India Steel Works seeks shareholder approval to change its name to India Homes Limited, signaling a pivot to real estate development. The company plans strategic partnerships for land development in Khopoli and joint projects in Chembur and Wadala, including investing up to 1 Cr in a new real estate platform. Previous fundraising plans are being canceled. New proposals include increasing borrowing limits to 500 Cr and enabling up to 300 Cr in loans convertible to equity upon default. Material related party transactions are also up for vote, including land acquisition.

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