Board of Steel Exchange India considers restructuring of business verticals

At meeting held on 24 December 2021

The Board of Steel Exchange India at its meeting held on 24 December 2021 has approved to appoint a reputed consultant/advisor to make a feasibility report with various options of the business model to unlock the value of the unutilized and underutilized infra-assets of the company.

The Chairman of the company had briefed the Board of Directors about the underutilized and the unutilized infra-assets of the company and there is a need to unlock the value of these underutilized assets by way of a new Logistics & Warehousing services business model (Logistics & Warehousing Hub) which can complement and add value to the SEIL operations and all the stakeholders.

 

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