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VISA Steel Limited Approves Convertible Warrants Issuance at EOGM

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VISA Steel Limited Approves Convertible Warrants Issuance at EOGM

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VISA Steel Limited ( (IN:VISASTEEL) ) has issued an update.

VISA Steel Limited held an Extra-ordinary General Meeting (EOGM) on November 2, 2025, conducted via video conferencing. The meeting included key company leaders and focused on the approval of a special resolution to issue up to 5,00,00,000 warrants convertible into equity shares to VISA Industries Limited, a member of the promoter group, on a preferential basis. This move is aimed at strengthening the company’s financial position and enhancing its market competitiveness.

More about VISA Steel Limited

VISA Steel Limited operates in the steel industry, focusing on the production and distribution of steel products. The company is involved in the manufacturing of various steel products and is positioned to serve both domestic and international markets, with a significant emphasis on innovation and quality in its offerings.

Average Trading Volume: 7,654

Technical Sentiment Signal: Buy

Current Market Cap: 7.35B INR

For a thorough assessment of VISASTEEL stock, go to TipRanks’ Stock Analysis page.

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