SAL Steel Ltd. has announced the allotment of 1.92 crore equity shares and 3.57 crore warrants in a recent preferential allotment, as disclosed in a regulatory filing on November 1, 2025. The allotment was decided during a Board of Directors meeting held on October 30, 2025. This move is part of the company's strategy to enhance its capital structure and provide funding for future growth initiatives. The shares were allocated to Sree Metaliks Limited, indicating a significant investment that could strengthen the partnership between the two companies.

This preferential allotment is subject to the SEBI (Prohibition of Insider Trading) Regulations, 2015, emphasizing the importance of transparency and regulatory compliance in financial disclosures. Investors and stakeholders are encouraged to take note of this development, as it may have implications for the company's stock performance in the coming months. SAL Steel, listed on both the BSE (Scrip Code: 532604) and the NSE (Symbol: SALSTEEL), continues to position itself strategically within the steel industry, aiming for sustainable growth and expansion.