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Capital Structure Change

Visa Steel Capital Structure Change

VISA Steel Limited allotted 1.65 crore equity shares to promoter group entity VISA Industries Limited upon the conversion of warrants. The company received ₹49.50 crore as balance consideration for this exercise. Consequently, the company's paid-up share capital has increased to ₹145.79 crore.

Key figures
Value₹49.50 Cr
Source

NSE filing, NSE: VISASTEEL. Summary written from the filing by ALFA Finder's alert engine.

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18:09 IST NSE
Fund Raise

Visa Steel Fund Raise of ₹49.5 Cr

Visa Steel Limited has allotted 1.65 crore equity shares at a price of ₹30 per share through a preferential issue. This ₹49.50 Crore capital raise increases the company's paid-up share capital to ₹145.79 Crore. The allotment was made to a single investor following board approval in October 2026.

Value
₹49.50 Cr

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