Board approves investor presentation and 3850 Cr expansion plans
SCANSTL · price
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Scan Steels board met on June 19, 2026 and approved participation in investor meets, an investor presentation, and discussed proposed expansion and growth initiatives involving about 3,850 Crores in steel-related projects. The projects are at a preliminary stage, subject to feasibility studies, funding, and regulatory clearances. The investor presentation outlines growth plans targeting revenue of about 4,133 Crores and EBITDA of 575 Crores by FY31, through capacity expansion, backward integration, and downstream products like pipes and galvanized steel.
Growth plans may attract investor interest, but projects remain preliminary with no confirmed orders, depending on funding and regulatory approvals.