SAL Steel Ltd responds to BSE/NSE query on recent significant stock price movement across exchanges.
Company attributes movement to market forces post-completion of open offer acquisition by Sree Metaliks Limited in December 2025.
Discloses three substantial equity share allotments to promoter Sree Metaliks totaling 59.8 million shares between October 2025 and December 2026.
Affirms full compliance with SEBI SAST and LODR regulations regarding all disclosures and future commitment to transparency.