STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 GreenPro Certification for SIMHADRI TMT Fe550D & Fe500D HSCRM (8mm 32mm)'.
STEELXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Steel Exchange India has informed the stock exchange that its SIMHADRI TMT bars in Fe550D and Fe500D grades (sizes 8mm to 32mm) have received the GreenPro Certification. GreenPro is an environmental product certification issued by the Confederation of Indian Industry (CII) that recognises products meeting green and sustainable standards. The certification covers the company's HSCRM (High Strength Corrosion Resistant Material) TMT bars used in construction. No financial figures or order values were disclosed in this intimation. This is a regulatory disclosure made under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
This is a product-level certification that may help the company access green building projects and eco-conscious buyers, potentially improving marketability of its TMT bars. It is not expected to have an immediate material impact on stock price or revenues.