Tag: Stainless steel business

Shyam Metalics and Energy Ltd (SMEL), integrated metal-producing company, has recently acquired Mittal Corp Ltd through the National Company Law Tribunal (NCLT) process, with INR 450 crore into the stainless steel, wire rod, and bar business. With this acquisition, the company will establish its manufacturing footprint in Madhya Pradesh and add 1,50,000 t/annum in stainless…