S.A.L. Steel Limited has published a Post Offer Advertisement pursuant to Regulation 18(12) of SEBI (SAST) Regulations, 2011. This announcement pertains to the open offer for the acquisition of up to 3,76,39,342 equity shares of SAL Steel Limited at an offer price of ₹25 per equity share by Sree Metaliks Limited. The offer opened on November 28, 2025, and closed on December 11, 2025. The payment of consideration was scheduled for December 15, 2025. During the open offer, a total of 2,704 equity shares were tendered and accepted. The aggregate size of the accepted offer amounted to ₹67,600. Post the offer, the acquirer's shareholding stands at 70.98% (10,27,62,199 shares), with the public shareholders holding 29.02% (4,20,04,501 shares). The announcement also details that the Board of Directors of SAL Steel Limited, in a meeting on November 30, 2025, allotted 1,92,50,000 equity shares and 3,57,50,000 warrants to the acquirer. Furthermore, existing promoters have agreed to sell their entire shareholding of 4,29,59,495 equity shares. The consummation of these transactions is subject to satisfaction of conditions precedent. Upon completion of the Share Purchase Agreement (SPA), the acquirer will be classified as the promoter of SAL Steel Limited.