NOVA IRON & STEEL LTD.

Nova Iron & Steel Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective for all designated persons and their immediate relatives from the quarter ended September 30, 2026. The window will remain shut until 48 hours after the declaration of the financial results for the quarter and half-year ended September 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) (Second Amendment) Regulations, 2019, aimed at preventing potential insider trading activities.

Nova Iron & Steel Ltd's Board of Directors, at a meeting held on September 28, 2026, approved the re-appointment of M/s J.K. Kabra & Company as the Cost Auditor for the Financial Year 2026-27. The re-appointment is for a term of one year, effective from April 1, 2026, to March 31, 2027, and is subject to the ratification of remuneration by the company's members at the upcoming Annual General Meeting. M/s J.K. Kabra & Company is a Delhi-based firm of Practising Cost Accountants with experience in various costing assignments.

Nova Iron & Steel Ltd announced the outcome of its Board Meeting held on September 28, 2026. Key decisions included the notice for the 34th Annual General Meeting scheduled for October 30, 2026. The board also approved the re-appointment of Mr. Hardev Chand Verma as a Non-Executive, Non-Independent Director and M/s J.K. Kabra & Company as Cost Auditors for FY27. Additionally, an alteration to the Memorandum of Association was approved, subject to shareholder consent.

Nova Iron & Steel Ltd announced that its Board of Directors, in a meeting held on September 28, 2026, has approved an amendment to the company's Memorandum of Association (MOA). This amendment, subject to shareholder approval at the 34th Annual General Meeting on October 30, 2026, involves adding a new sub-clause to Clause III(A). The new clause will empower the company to engage in the trading, buying, selling, and distribution of various ferrous and non-ferrous metals, iron and steel products, and allied materials. This strategic move aims to broaden the company's business scope within the metals and steel sector.

Nova Iron & Steel Ltd has officially filed the satisfaction of a charge with the Registrar of Companies on September 15, 2026. This charge, originally created in favor of M/s Essenn Investments Private Limited for an amount of ₹39,69,37,630, has been fully satisfied as of August 20, 2026. The company has provided the necessary certificates from the Registrar of Companies and requests that this information be updated on the relevant sites for shareholders and investors.

Nova Iron & Steel Ltd announced that its Board of Directors, in a meeting held on September 11, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The meeting commenced at 4:00 PM and concluded at 6:45 PM. The independent auditor's review report highlighted a qualified conclusion due to unrecognized interest on borrowings. Additionally, a material uncertainty regarding the company's going concern status was noted, stemming from the loss of its manufacturing base and pending litigations.

Nova Iron & Steel Ltd. announced its Un-Audited Financial Results for the quarter ended June 30, 2026, following a Board of Directors meeting on September 11, 2026. The company submitted these results along with a Limited Review Report. The auditor's report highlighted a qualification regarding un-recognized interest on borrowings and noted a material uncertainty related to the company's going concern status due to asset loss and pending litigations.

Nova Iron & Steel Ltd announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved these results on September 9, 2026. The filing includes the Auditor's Report and a Statement on Impact of Audit Qualifications. The auditor issued a qualified opinion due to non-compliance with SEBI (LODR) Regulations regarding the disposal of charged assets, and inability to obtain confirmations for trade receivables, payables, security deposits, advances, and unsecured borrowings. The company's financial position and carrying values of certain assets and liabilities are impacted by these issues.

Nova Iron & Steel Ltd announced that its Board of Directors, in a meeting held on September 9, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The company also resolved to apply for an extension to hold its 34th Annual General Meeting for the financial year ended March 31, 2026. The Board meeting commenced at 4:00 PM and concluded at 6:45 PM. An independent auditor's report on the standalone financial results was also presented, highlighting a qualified opinion due to several issues including non-compliance with SEBI (LODR) Regulations regarding disposal of charged assets, lack of balance confirmations for trade receivables and payables, and insufficient information for measuring security deposits and unsecured borrowings.

Nova Iron & Steel Ltd has announced that its Board of Directors will convene on September 11, 2026. The primary agenda item for this meeting is to consider and approve the company's Unaudited Financial Results for the quarter that concluded on June 30, 2026. This announcement is made in compliance with SEBI's Listing Obligations and Disclosure Requirements.