SAL Steel Limited issues postal ballot notice under SEBI Regulation 30 seeking shareholder approval via e-voting for special business resolutions.
Proposes special resolution to authorize Board to borrow up to ₹2000 crores exceeding paid-up capital and free reserves, superseding 2005 approval.
Seeks authorization to create charges/mortgages on company assets to secure borrowings from lenders/institutions with flexible terms and priority rankings.
E-voting period runs from April 18, 2026, to May 17, 2026, with results declaration scheduled for May 19, 2026.