India, March 5 -- IMR Group has announced a strategic investment of Rs 300 crore in Steel Exchange India Limited through subscription to share warrants. The investment will be made via IMR's Indian entities — India Coke and Power Pvt Ltd and IMR Steel Pvt Ltd.
The capital infusion will support SEIL in strengthening its operations, improving its debt structure, and driving future growth. The move also marks a key step in IMR Group's forward integration strategy and its expansion in India's steel sector.
Headquartered in Switzerland and operating in more than 17 countries, IMR Group runs an integrated metals platform covering mineral trading, mining, and downstream steel production. Through this partnership, IMR will leverage its glob...