Mumbai, March 5 -- IMR Group announced a strategic investment of Rs 300 crore in Steel Exchange India (SEIL) through subscription to share warrants. The investment will be made through IMR's Indian entities - India Coke and Power (ICPPL) and IMR Steel(ISPL). This capital infusion will strengthen SEIL's operations, optimize its debt structure, and position the company for accelerated growth - marking a significant milestone in IMR's forward integration strategy and its expansion across India's high-growth steel sector.

Published by HT Digital Content Services with permission from Capital Market....