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Steel Exchange India gets nod to raise Rs 700 crore
Dec-30-2025

Steel Exchange India has received approval for raising of funds, in one or more tranches, by way of issuance of equity shares and/or equity-linked instruments and/or debt instruments, including but not limited to convertible equity warrants, compulsorily or optionally convertible securities and/or non-convertible debentures (secured or unsecured), or such other permissible instruments, for an aggregate amount not exceeding Rs 700 crore, through preferential issue, private placement, qualified institutions placement, public issue, or any other mode as may be permitted under applicable laws. The Board of Directors of the company at its meeting held on December 30, 2025 has inter-alia, approved the same. 

Steel Exchange India is India’s first online steel e-commerce portal established in 1999 and is dedicated to the Indian steel industry specifically and to steel as a whole.


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