Amreli Steels Allots 40 Million Shares to Sponsor, Boosts Paid-Up Capital to Rs3.37 Billion
Amreli Steels Limited raises Rs1 billion by issuing 40 million ordinary shares to existing sponsor Shayan Akberali, increasing paid-up capital to Rs3.37 billion and reinforcing financial strength.
Amreli Steels Secures SECP Approval for Rs1 Billion Share Issuance to Support Debt Restructuring
Amreli Steels Limited has received SECP approval to issue 40 million shares valued at Rs1 billion to sponsor Shayan Akberali, marking a major step in its debt restructuring strategy and financial stabilization plan.