Shyam Metalics Board Approves Q1 FY27 Results, ₹4,500 Cr Fundraise, Dividend

Shyam Metalics and Energy Limited's Board of Directors met on July 20, 2026, approving the Unaudited Financial Results (Standalone and Consolidated) for the First Quarter ended June 30, 2026. The Board also approved the payment of a 1st Interim Dividend of ₹1.80 per equity share for FY2026-27, with a record date of July 24, 2026. A significant fund-raising plan of up to ₹4,500 crore through various equity-linked instruments was also sanctioned, subject to regulatory and shareholder approvals. The 24th Annual General Meeting is scheduled for August 25, 2026, to discuss these proposals.