STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI (LODR), Regulations, 2015'.
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Steel Exchange India Limited has issued an amendment to its Extra Ordinary General Meeting (EGM) notice held on March 30, 2026. The EGM sought shareholder approval to issue 36,14,60,300 Convertible Equity Warrants to the Promoter Group and Non-Promoter Entities on a preferential basis. In response to an NSE query, the company amended Point (vi) on page 19 of the explanatory statement by removing 'Mutual Funds' from the list of permissible investments for the issue proceeds. The amendment was administrative in nature and did not alter the core proposal for warrant issuance.
Shareholders should note this is a procedural amendment clarifying where the warrant issue proceeds can be deployed. The core warrant issuance proposal remains unchanged, and this filing ensures compliance with NSE's query for in-principle approval of the convertible warrants.