S.A.L Steel Ltd (SALSTEEL) — Board Meeting | 1 October 2026

1 October 2026 · BSE 🟡 Notable Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Board approved Rs. 124 crore combined loan facilities

🔄 What Changed

Added Rs. 75 crore term loan to existing Rs. 49 crore working capital facilities

💡 Investor Takeaway

Routine procedural filing with no direct impact on shareholders.

SAL Steel approved a Rs. 75 crore additional term loan from Kotak Mahindra Bank alongside renewal of Rs. 49 crore working capital facilities, totaling Rs. 124 crore. The loan will partially repay an ICD from AIA Engineering and is secured by current and fixed assets plus a mortgage on industrial property in Gujarat. Personal and corporate guarantees from promoters remain valid. The board authorized directors to execute all necessary documents for facility activation.

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About S.A.L Steel Ltd (SALSTEEL)

Metals & Mining · Steel · Listed on BSE

Market Cap: ₹1,432.18 CrP/E: 115.0ROE: 8.5%ROCE: 7.8%

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📊 More SALSTEEL filings

🟡 Voting Results — 26 September 2026S.A.L Steel Ltd held its 23rd Annual General Meeting on 25 September 2026 via video conferencing, wi...
🟡 Board Meeting — 25 September 2026SAL Steel held its 23rd AGM on September 25, 2026, at 12:30 PM IST via video conference, with 54 sha...
🟡 Board Meeting — 25 September 2026S.A.L Steel held its 23rd AGM on September 25, 2026 via video conference, adopting audited FY26 fina...
Announcement — 22 September 2026S.A.L Steel Ltd announced that its trading window will close on October 1, 2026, remaining shut unti...
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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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