SAL Steel has entered into a Supply Agreement for 3 years with AIA Engineering for supply of Ferro Chrome by the Company to AIA Engineering on non-exclusive basis. Consequent thereto, AIA Engineering has also agreed to provide a secured Inter Corporate Deposit of Rs 125 crore to the company which will be used by the company to repay its loan / for working capital requirements.
SAL Steel is engaged in manufacture of stainless steel (SS) products.
| Company Name | CMP |
|---|---|
| Jindal Steel | 1228.40 |
| Lloyds Metals&Energy | 1585.85 |
| Jai Balaji Inds | 70.25 |
| Steel Exchange India | 8.89 |
| Rajputana Stainless | 126.10 |
| View more.. | |
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