Shyam Metalics Board Approves Q1 FY27 Results, ₹4500 Cr Fundraise, Interim Dividend

Shyam Metalics and Energy Limited announced that its Board of Directors, at a meeting held on July 20, 2026, approved 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 FY 2026-27, with a record date of July 24, 2026. Additionally, the company plans to raise up to ₹4,500 crore through various equity instruments via private placement, FPO, or preferential issue, subject to shareholder and regulatory approvals. The 24th Annual General Meeting is scheduled for August 25, 2026, with the register of members closed from August 19-25, 2026.