Alliance Integrated Metaliks Approves ₹15 Crore Fund Raise via Convertible Unsecured Loans
The Board of Alliance Integrated Metaliks has approved a proposal to raise up to ₹15 Crore through unsecured loans, featuring a clause for conversion into equity shares. This fundraise is primarily aimed at facilitating one-time settlements with the company's existing lenders to streamline its debt obligations.
Vardhman Special Steels Q1 FY27 Net Profit Surges 107% to ₹41 Crore
Vardhman Special Steels delivered a strong performance in Q1 FY27, characterized by significant profit growth and healthy margins. The company is currently operating at full capacity and is aggressively pursuing both brownfield and greenfield expansions to meet robust market demand.