• SENSEX 72,781.89
    -251.89 (--0.34%)
  • BANKNIFTY 55,316.00
    -165.05 (--0.30%)
Back

Corporate News

Shyam Metalics and Energy to build a 9 MTPA steel complex in Maharashtra
02-Oct-2026, 02:50

Shyam Metalics and Energy Limited announced it entered into a non-binding Memorandum of Understanding (MoU) with the Government of Maharashtra on October 1, 2026, to facilitate the establishment of a 9 million tonnes per annum (MTPA) Greenfield Integrated Steel Complex at Chandrapur, Vidarbha region, Maharashtra, involving an estimated investment of Rs 50,000 crore and creating approximately 30,000 jobs.