Board Meeting14 Aug 2026, 01:54 pm
Ahmedabad Steelcraft Board Approves Q1 FY27 Un-audited Results
AI Summary
Ahmedabad Steelcraft Ltd. announced that its Board of Directors, in a meeting held on August 14, 2026, has approved the standalone un-audited financial results for the quarter ended June 30, 2025. The board also noted the resignation of SJV & Associates as Secretarial Auditor and appointed Nisarg Sharma & Associates for a term of five financial years. Additionally, the board approved omnibus material related party transactions with ABI Energy Solutions Limited (up to ₹100 Cr) and ABI Infratech Private Limited (up to ₹25 Cr) for FY 2026-27, subject to necessary approvals.
Key Highlights
- Board approved standalone un-audited results for Q1 FY27.
- Secretarial Auditor resigned; new auditor appointed for five years.
- Approved related party transactions totaling ₹125 Cr for FY27.
- Transactions subject to regulatory and shareholder approvals.
- Board meeting held on August 14, 2026.
Price Impact
More from AHMDSTE