FilingReader Intelligence

Steel Exchange India posts Q1 profit, defers fundraising

August 4, 2025 at 08:01 AM UTC•By FilingReader AI

Steel Exchange India Limited reported an unaudited net profit of INR1,022.88 lakhs for the quarter ended June 30, 2025, with total revenue from operations at INR29,999.89 lakhs.

The board deferred a proposed INR150 crore rights issue, citing the amount as insufficient for current and future funding needs, necessitating a comprehensive reassessment.

The company also announced the re-appointment of Suresh Kumar Bandi as joint managing director for three years, effective October 27, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Un-Audited Financial Results for the Quarter ended June 30, 2025August 4, 2025 at 07:43 AM UTC

Supplementary Source Documents

Intimation of Re-Appointment of Mr. B. Suresh Kumar as Whole time Director, designated as Joint Managing Director w.e.f October 27, 2025 for the period of 3 Years.August 4, 2025 at 07:51 AM UTC

Steel Exchange India

BSE:STEELXIND•Bombay Stock Exchange

RSS feed for Steel Exchange India

News Alerts

Get instant email alerts when Steel Exchange India publishes news

Free account required • Unsubscribe anytime

Browse RSS Feeds

Filing Activity Timeline

View Complete Filing History →