At meeting held on 06 January 2023
The Board of Steel Exchange India at its meeting held on 06 January 2023 has approved the conversion and allotment of 6,30,00,000 equity shares of Rs.1/- each on a preferential basis, at a price of Rs.7.250/- per equity shares (including a premium of Rs.6.250/- per Equity Share) on conversion of compulsory convertible debentures (CCDs).Consequent to the said allotment the issued, subscribed, and paid-up capital of the Company stands at 943811770 comprising of 943811770 equity shares of face value of Rs. 1/- each.
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