ALPHA TRIBE

S.A.L. Steel LimitedUpdates, 21-11-2025: General Updates

21-11-2025 | 04:46 pm

Sree Metaliks launched an Open Offer to acquire 26% of SAL Steel at ₹25/share, aiming for control. This follows a preferential issue and promoter stake purchase, projecting Sree Metaliks' post-offer stake to reach 96.98%. The company reported Q2 revenue of ₹193.28 Cr, with a ₹5.96 Cr loss.

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