Shyam Metalics and Energy Limited Unveils INR 2,700 Crore Expansion Plan
The company announced a fresh INR 2,700 crore investment to boost value-added steel and stainless capacities, strengthening margins and advancing its long-term growth strategy. Apr 29, 2026 Shyam Metalics and Energy Limited (SMEL) has proposed a INR 2,700 crore capital expenditure programme, to be funded entirely through internal accruals and executed by 2029. The plan […]
Shyam Metalics to Infuse INR 650-750 Crore in Stainless Steel Business
The company has established a cutting-edge facility at its existing plant in Sambalpur of Odisha having capacity of 3 lakh MTPA, which will produce high-quality 200 and 400 series stainless steel hot rolled coils (HRC). Apr 11, 2024 Leading producers of integrated metal Shyam Metalics and Energy Limited (SMEL), has established a state-of-the-art facility at […]
