Shah Alloys Limited has disclosed the disposal of 1,07,56,989 equity shares, representing 10.32% of the total share capital, in SAL Steel Limited to Sree Metaliks Limited. The transaction, executed off-market on December 26, 2025, pursuant to a Share Purchase Agreement dated September 04, 2025, resulted in a sale value of ₹26.89 crore. Following this transaction, Shah Alloys Limited's shareholding in SAL Steel Limited has reduced to 1,95,00,000 equity shares, which constitutes 18.71% of the total expanded and diluted paid-up share capital. The company has submitted the requisite disclosures under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, to the stock exchanges. The total diluted share capital of SAL Steel Limited after the disposition remains ₹144,76,67,000, comprising 14,47,66,700 equity shares of face value ₹10 each.