{"id":83051,"date":"2026-03-05T13:12:44","date_gmt":"2026-03-05T07:42:44","guid":{"rendered":"https:\/\/newswireindia.in\/index.php\/2026\/03\/05\/steel-exchange-india-ltd-seil-to-raise-inr-350-cr-via-preferential-issue-imr-group-to-invest-300-cr-in-the-company\/"},"modified":"2026-03-05T13:12:44","modified_gmt":"2026-03-05T07:42:44","slug":"steel-exchange-india-ltd-seil-to-raise-inr-350-cr-via-preferential-issue-imr-group-to-invest-300-cr-in-the-company","status":"publish","type":"post","link":"https:\/\/newswireindia.in\/index.php\/2026\/03\/05\/steel-exchange-india-ltd-seil-to-raise-inr-350-cr-via-preferential-issue-imr-group-to-invest-300-cr-in-the-company\/","title":{"rendered":"Steel Exchange India Ltd (SEIL) to Raise INR 350 Cr via Preferential Issue; IMR Group to Invest 300 Cr in the Company"},"content":{"rendered":"<p><span data-sheets-root=\"1\"><strong>Mumbai (Maharashtra) [India], March 05<\/strong>: <\/span>IMR Group (\u201c<strong>IMR<\/strong>\u201d), a leading international metals and mining conglomerate, today announced a strategic investment of INR 300 Crores in Steel Exchange India Limited (\u201c<strong>SEIL<\/strong>\u201d) through subscription to share warrants. The investment will be made through IMR\u2019s Indian entities \u2014 India Coke and Power Private Limited (\u201c<strong>ICPPL<\/strong>\u201d) and IMR Steel Private Limited (\u201c<strong>ISPL<\/strong>\u201d). This capital infusion will strengthen SEIL\u2019s operations, optimize its debt structure, and position the company for accelerated growth \u2014 marking a significant milestone in IMR\u2019s forward integration strategy and its expansion across India\u2019s high-growth steel sector.<\/p>\n<p><strong>Strategic Impact<\/strong><\/p>\n<p>IMR Group, headquartered in Switzerland with operations in over 17 countries, operates a fully integrated metals platform spanning global mineral trading, mining, and downstream steel production. Through this investment, IMR will leverage its global sourcing capabilities for critical raw materials \u2014 including metallurgical coke, coking coal, non-coking coal, and ferrous scrap \u2014 to enhance SEIL\u2019s operational efficiency, supply chain security, and competitiveness. The partnership positions SEIL to capitalize on India\u2019s rapidly expanding steel demand, while reinforcing IMR\u2019s long-term commitment to the Indian steel ecosystem.<\/p>\n<p><strong>Mr. Anirudh Misra, Group CEO and Chairman, IMR,<\/strong>\u00a0said \u201c<em>This strategic investment in SEIL marks a decisive step in IMR\u2019s forward integration journey. India is central to our growth strategy, and we are highly bullish on the long-term prospects of the Indian steel industry. By combining IMR\u2019s global sourcing strength with SEIL\u2019s manufacturing platform, we see a powerful opportunity to accelerate growth, optimize operations, and create substantial value for all stakeholders.<\/em>\u201d<\/p>\n<p><strong>Mr. Bandi Suresh Kumar, Joint Managing Director, SEIL,<\/strong>\u00a0said \u201c<em>We are proud and privileged to welcome IMR Group as a strategic Investor. Our long-standing relationship is now strengthened with this investment. As a port-based integrated steel plant, SEIL is strategically positioned to leverage India\u2019s booming steel demand. With IMR\u2019s global scale and expertise, we are confident of driving strong growth and delivering enhanced value to our customers and stakeholders.<\/em>\u201d<\/p>\n<p><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], March 05: IMR Group (\u201cIMR\u201d), a leading international metals and mining conglomerate, today announced a strategic investment of INR 300 Crores in Steel Exchange India Limited (\u201cSEIL\u201d) through subscription to share warrants. The investment will be made through IMR\u2019s Indian entities \u2014 India Coke and Power Private Limited (\u201cICPPL\u201d) and IMR Steel [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":83050,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1311],"class_list":["post-83051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-steel-exchange-india-ltd-seil"],"_links":{"self":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts\/83051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/comments?post=83051"}],"version-history":[{"count":0,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts\/83051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/media\/83050"}],"wp:attachment":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/media?parent=83051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/categories?post=83051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/tags?post=83051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}