Steel City Securities Limited (STEELCITY) — Board Meeting Announcement
📢 Key Event
Board approved ICICI Bank credit facility increase from ₹10 crores to ₹11 crores.
🔄 What Changed
Credit facility increased by **₹1 crore (10% increase)**.
💡 Investor Takeaway
The modest credit facility increase indicates stable liquidity management with no material operational concerns.
Steel City Securities Limited's board approved renewal and enhancement of credit facilities with ICICI Bank, increasing the facility from **₹10 crores to ₹11 crores**. The board also discussed the company's e-governance business plan in detail. The meeting lasted 45 minutes on March 30, 2026. This modest credit enhancement supports operational liquidity needs for the securities broker.
📄 View Original Announcement (PDF)
About Steel City Securities Limited (STEELCITY)
Financial Services · Capital Markets · Listed on NSE
Market Cap: ₹120.54 Cr
P/E: 6.5
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.