SAL Steel Ltd. announced a significant allotment of 1.92 crore equity shares and 3.57 crore warrants on October 30, 2025. This allotment was approved during a board meeting and was part of a preferential issue intended to bolster the company's capital structure. The disclosure regarding this transaction was submitted to both the BSE and NSE on November 1, 2025, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The shares and warrants were allotted to Sree Metaliks Limited as part of this strategic move.

The company aims to enhance its financial position and support future growth initiatives through this capital infusion. The allotment reflects SAL Steel's ongoing efforts to attract investment and strengthen its market presence. As the steel industry continues to evolve, such actions are crucial for maintaining competitiveness and ensuring sustainable operations. Investors and stakeholders are encouraged to monitor these developments closely as they may impact the company's performance and market valuation in the coming months.