S.A.L. Steel announces that its CFO, Babulal M Singhal, is stepping down on April 6, 2026, due to personal matters. The company has confirmed the resignation and filed the necessary paperwork in compliance with regulations.

S.A.L. Steel has secured a Rs 150 crore loan from Yes Bank, which will be used for working capital. The loan is backed by existing, moveable assets and both personal and corporate guarantees have been provided.