Board Meeting20 Jul 2026, 03:39 pm
Steel Exchange India Board Approves Financial Results & Director Remuneration
AI Summary
Steel Exchange India Ltd announced that its Board of Directors, in a meeting held on July 20, 2026, approved the standalone and consolidated un-audited financial results for the quarter ended June 30, 2026, along with limited review reports. The board also approved the remuneration for Mr. Mohit Sai Kumar Bandi, Whole-time Director, for the remaining two years of his tenure, subject to shareholder approval. Additionally, the continuation of Ms. Bhagyam Ramani as Non-Executive-Independent Director beyond 75 years was approved, pending member approval. The meeting also finalized the notice for the 27th Annual General Meeting, Board's Report, and took note of the Secretarial Audit Report.
Key Highlights
- Approved Q1 FY27 un-audited financial results and limited review reports.
- Approved remuneration for Whole-time Director, Mr. Mohit Sai Kumar Bandi.
- Approved continuation of Ms. Bhagyam Ramani as Independent Director beyond 75 years.
- Approved notice for the 27th Annual General Meeting and Board's Report.
- Noted Secretarial Audit Report for FY26 and appointed scrutinizer for AGM.
Price Impact
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