StockWatch
·
Trading & Distributors
Board Meeting8 Sept 2026, 06:10 pm

SRU Steels Board Approves FY26 Audited Results, Declares AGM Date

AI Summary

SRU Steels Ltd announced the outcome of its Board Meeting held on September 8, 2026. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026. A qualified opinion was issued by the statutory auditors on these results due to an inability to verify inventory. The Board also approved the Board's Report, Report on Corporate Governance, Management Discussion and Analysis Report, and Secretarial Audit Report for the year ended March 31, 2026. The 31st Annual General Meeting (AGM) is scheduled for September 30, 2026, to be held through Video Conferencing. Key agenda items for the AGM include the adoption of audited standalone and consolidated financial statements for FY26, the appointment of a director, and the reappointment of M/s. Bihari Shah & Co. as statutory auditors for five years. The company's books will close from September 24 to September 30, 2026, for the AGM.

Key Highlights

  • Board approved audited standalone financial results for FY26.
  • Statutory auditors issued a qualified opinion on FY26 results.
  • 31st AGM scheduled for September 30, 2026, via video conference.
  • Appointment of Mr. Anand Singh as Director approved.
  • M/s. Bihari Shah & Co. reappointed as statutory auditors for 5 years.