SAL Steel Board Approves ₹150 Crore Credit Facility from YES Bank, Proposes ₹2000 Crore Borrowing Limit Enhancement
SAL Steel Limited's board approved ₹150 crore working capital facility from YES Bank secured by comprehensive collateral arrangements and proposed enhancing borrowing limit to ₹2000 crore subject to shareholder approval. The company will conduct postal ballot with March 27, 2026 as cut-off date, with additional approvals for hypothecation deed amendments and scrutinizer appointment for transparent e-voting process.
