
Quarterly Result22 May 2026, 06:11 pm
Shyam Century Ferrous: FY26 Financial Results Approved
AI Summary
Shyam Century Ferrous Ltd has announced the approval of its audited financial results for the fourth quarter and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 22, 2026, following a recommendation by the Audit Committee. The Statutory Auditors, D.K. Chhajer & Co., have issued an unmodified opinion on the audited financial results for the year ended March 31, 2026. The company ceased production at its Meghalaya facility on May 7, 2025, and has classified manufacturing assets as 'Non-current assets held for sale'.
Key Highlights
- Audited financial results for FY26 approved by the Board.
- Auditors issued an unmodified opinion on FY26 results.
- Production ceased at Meghalaya facility on May 7, 2025.
- Manufacturing assets classified as 'Non-current assets held for sale'.
- Company continues as a going concern with interest income from investments.
Price Impact
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