Steel Strips Wheels Board Approves ₹3,500 Crore Borrowing Limit

Board approved raising borrowing limits from Rs 2,000 Cr to Rs 3,500 Cr and creating security over company assets, subject to shareholder approval. Adds financing flexibility during the company's ongoing expansion and capex cycle, without announcing equity dilution. No new borrowing, debt purpose, leverage impact or specific secured assets were disclosed; both proposals await AGM approval.