Steel Exchange India Ltd (SEIL) to Raise INR 350 Cr via Preferential Issue; IMR Group to Invest 300 Cr in the Company
Mumbai (Maharashtra) [India], March 05: IMR Group (“IMR”), a leading international metals and mining conglomerate, today announced a strategic investment of INR 300 Crores in Steel Exchange India Limited (“SEIL”) through subscription to share warrants. The investment will be made through IMR’s Indian entities — India Coke and Power Private Limited (“ICPPL”) and IMR Steel…

