Bombay Coated & Special Steels Limited

• Debt Repayment: ₹125.00 crore towards outstanding borrowings.

• Capital Equipment: ₹15.77 crore for equipment under existing lease arrangements.

• General Corporate Purposes: Remaining proceeds for business and operational needs.

Bombay Coated and Special Steels Limited, incorporated in December 2019, is a steel processing centre that converts steel coils into value-added products through precision slitting, cut-to-length processing, shearing and embossing. Its products cater to OEMs and ODMs across industries such as home appliances, automotive, electrical equipment, pharmaceuticals, ventilation and general engineering. The Company also provides logistics, inventory management and just-in-time delivery services.

The Company operates four manufacturing facilities in Wada and Bhiwandi (Maharashtra), Ghiloth (Rajasthan) and Sri City (Andhra Pradesh), covering an aggregate area of 42,209 square metres. It has an authorised service partnership with JSW Steel Coated Products Limited and/or its holding company since 2021. As of June 30, 2026, its aggregate installed processing capacity stood at 1,23,153 metric tonnes per annum.

The Company serves a diversified customer base, including Haier Appliances India Private Limited, IFB Refrigeration Limited, Dixon Electro Manufacturing Private Limited, Amber Enterprises India Limited and Western Refrigeration Private Limited. As of June 30, 2026, it had 164 personnel, comprising 160 permanent employees and 4 employees on retainership.