S.A.L. Steel Limited
Incorporated in 2003, SAL Steel Ltd does manufacturing of Sponge Iron, Ferro Alloys and Power
What S.A.L. files
- Others83
- Updates20
- Board Meeting19
- Important14
- Results3
- Insider Trade1
SAL Steel has published its audited financial results for the quarter via newspaper advertisements. This update signals the availability of the company's latest quarterly performance details for investor review.
SAL Steel confirmed utilizing the entire ₹48.26 Cr raised from 3.575 Cr preferential warrants. Funds were used for working capital, pellet plant, furnace upgrades, and plant infrastructure as planned, with no deviation from the stated objectives.
SAL Steel secured a Rs 50 Cr term loan from Axis Finance. The funds will be used to repay an existing Inter-Corporate Deposit from AIA Engineering, effectively refinancing debt.
SAL Steel's Board has approved M/s. Ashish Bhavsar & Associates as the company's Cost Auditor for the financial year 2026-27, subject to shareholder approval. This is an operational compliance step.
SAL Steel has moved its registered office to a new address: 604, Zion Z1, Sindhubhawan Road, Bodakdev, Ahmedabad. This is an administrative relocation within the same city.