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Kalyani Steels Ltd ( (IN:KSL) ) has issued an announcement.
Kalyani Steels Ltd has completed the conversion of its Fully Convertible Debentures (FCDs) in its subsidiary, DGM Realties Private Limited, into equity shares, thereby increasing its stake to 99.92%. This strategic move enhances Kalyani Steels’ control over DGM, which holds a valuable land parcel near the Bengaluru Mysuru Highway Corridor, potentially benefiting the company’s business development and distribution network.
More about Kalyani Steels Ltd
Kalyani Steels Ltd is part of the Kalyani Group and operates in the steel industry. The company is engaged in the manufacturing of steel products and has a focus on expanding its market presence through strategic investments and acquisitions.
Average Trading Volume: 2,261
Technical Sentiment Signal: Hold
Current Market Cap: 33.63B INR
See more data about KSL stock on TipRanks’ Stock Analysis page.