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VISA Steel Limited Holds EOGM to Approve Preferential Issue

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VISA Steel Limited Holds EOGM to Approve Preferential Issue

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VISA Steel Limited ( (IN:VISASTEEL) ) has shared an announcement.

VISA Steel Limited held an Extraordinary General Meeting (EOGM) on November 2, 2025, conducted via video conferencing, to discuss a preferential issue of up to 5,00,00,000 warrants convertible into equity shares to VISA Industries Limited, a member of the promoter group. This strategic move aims to strengthen the company’s capital structure and enhance its financial stability, potentially impacting its market position and stakeholder interests positively.

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 engaged in manufacturing and trading activities, with a market focus on delivering high-quality steel solutions to various sectors.

Average Trading Volume: 7,654

Technical Sentiment Signal: Buy

Current Market Cap: 7.35B INR

Learn more about VISASTEEL stock on TipRanks’ Stock Analysis page.

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