Sai Swami Metals & Alloys Aims for Rs.150 Mn Public Issue

03 May 2024 CW Team

Sai Swami Metals & Alloys Limited is gearing up to raise Rs.150 million through a public issue, signalling its ambitions for expansion and growth within the construction sector. This move reflects the company's confidence in its prospects and its commitment to fueling future endeavours through strategic fundraising.

The funds raised from the public issue are intended to support various aspects of Sai Swami Metals & Alloys' operations, including working capital requirements, capital expenditure, and debt repayment. This injection of capital will enable the company to strengthen its financial position and pursue new opportunities for business development and expansion.

Sai Swami Metals & Alloys' decision to tap into the public markets underscores its proactive approach to securing the necessary resources for its growth trajectory. By offering shares to the public, the company aims to broaden its investor base and foster greater transparency and accountability in its operations.

The public issue represents an opportunity for investors to participate in Sai Swami Metals & Alloys' growth journey and share in the potential rewards of its expansion initiatives. With a strong track record of performance and a clear strategic vision, the company is well-positioned to deliver value to its shareholders over the long term.

Overall, Sai Swami Metals & Alloys' plans to raise funds through a public issue highlight its confidence in its future prospects and its commitment to maximising shareholder value. As the construction sector continues to evolve and expand, the company is poised to capitalise on emerging opportunities and drive sustainable growth.

Infrastructure Transport

04 Nov 2025

Madhya Pradesh Launches PM Shri Tourism Helicopter Service

Madhya Pradesh has achieved a national first by launching the PM Shri Tourism Helicopter Service, establishing India’s first intra-state air connectivity. Chief Minister Dr Mohan Yadav inaugurated the service at Raja Bhoj International Airport, Bhopal, marking a significant step towards transforming the state’s tourism infrastructure. Following the launch, four helicopters departed for Ujjain, symbolising the start of regional air tourism. The initiative, led by the Madhya Pradesh Tourism Board, will operate under a Public-Private Partnership (PPP) model, connecting the state’s key reli..

Garuda Aerospace CEO Honoured by Tamil Nadu Governor

Chennai, 3 November 2025: Agnishwar Jayaprakash, Founder and Chief Executive Officer of Garuda Aerospace, was felicitated by Tamil Nadu Governor Thiru R.N. Ravi for his exceptional contribution to India’s drone technology ecosystem. The recognition was presented during the Foundation Day celebrations of several States and Union Territories at Bharathiar Mandapam, Raj Bhavan, in Chennai. The honour acknowledges Jayaprakash’s leadership in strengthening the country’s unmanned aerial vehicle (UAV) capabilities and his efforts in harnessing technology for social good. He was also recognised..

Hindustan Zinc’s EcoZen Delivers 75 per cent Lower Carbon Emissions

Udaipur, 3 November 2025: Hindustan Zinc, the world’s largest integrated zinc producer and among the top five global silver producers, has reinforced its sustainability leadership with EcoZen, Asia’s first low-carbon zinc brand. The innovation achieves over 75 per cent lower carbon intensity than conventional zinc, setting new standards in green manufacturing and industrial decarbonisation. Produced using renewable energy and certified under REACH standards, EcoZen helps avoid an estimated 400 kg of carbon emissions for every tonne of steel galvanised. It supports India’s Viksit Bharat ..