Acquisitions27 Feb 2026, 10:41 am
Catalyst Trusteeship Ltd Acquires 9.62% Stake in Steel Exchange India Ltd Through Pledge of Equity Shares
AI Summary
Catalyst Trusteeship Ltd, acting as Debenture Trustee on behalf of the Debenture Holder(s) of Vizag Profiles Private Limited, has acquired a 9.62% stake in Steel Exchange India Ltd (SEIL) through the pledge of equity shares. The acquisition took place on 26th February 2026. The total number of shares acquired is 120,000,000, which is 9.62% of the total voting capital of SEIL. This acquisition is significant as it may influence the governance and control of the company.
Key Highlights
- Catalyst Trusteeship Ltd acquires a 9.62% stake in Steel Exchange India Ltd
- Acquisition made through the pledge of equity shares
- Total of 120,000,000 shares acquired
- Acquisition took place on 26th February 2026
- This acquisition may influence the governance and control of Steel Exchange India Ltd