iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Scan Steels board to consider expansion and modernization of business

25 Feb 2022 , 10:04 AM

Business Graph

A meeting of the Board of Directors of Scan Steels Ltd will be held on Tuesday March 01, 2022 to consider the initial subscription in RPSG Agro Commodity Pvt. Ltd. at 9% and further investment of Rs2 crore subject to overall limit should not be exceed 10% of the total limit.

The board will consider Equity Investments in Karma Re-Rollers Pvt. Ltd, said Company.

Further, the company informed that the board will also consider and approve Expansion and Modernization of Plant of the Company (Scan Steels Limited) at Rs250 crore. Approx. and any other business as per the permission of the Chairman.

At around 10:04 AM, Scan Steels was trading at Rs29.40 apiece up by Rs1.2 or 4.26% on the BSE.

Related Tags

  • business update
  • capital investment
  • Scan Steels
  • Scan Steels Ltd
  • Scan Steels Ltd expansion
  • Scan Steels Ltd news
  • Scan Steels Ltd shares
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.