Earthstahl & Alloys Ltd

Earthstahl & Alloys Ltd has paid a fine of ₹1080 to the stock exchange. The fine was imposed for delayed compliance with Regulation 6(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically for failing to appoint a qualified company secretary as the compliance officer for the quarter ended June 2026. The company had previously intimated the exchange about the fine and has now confirmed its payment within the due date.

Earthstahl & Alloys Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in effect from October 1, 2026, and will extend for 48 hours after the board meeting to consider the unaudited financial results for the half-year ending September 30, 2026. The exact date of the board meeting will be communicated separately. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations and the company's internal code of conduct.

Earthstahl & Alloys Ltd has filed its Annual Report for the Financial Year 2025-26, along with the Notice for its 17th Annual General Meeting (AGM). The AGM is scheduled for September 29, 2026, and will be conducted via video conference. Key agenda items include the adoption of the audited financial statements for the year ended March 31, 2026, and the reappointment of Whole-Time Directors Mr. Prawin Somani, Mr. Rajesh Somani, and Mrs. Padma Somani, who are retiring by rotation. Additionally, Mr. Prawin Somani is proposed for re-appointment as Whole-Time Director for another five-year term starting April 1, 2027. The Annual Report and AGM Notice are available on the company's website.

Earthstahl & Alloys Limited has announced that its 17th Annual General Meeting (AGM) will be held on Tuesday, September 29, 2026, at 12:30 p.m. IST. The meeting will be conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM), in compliance with current regulatory guidelines. The company is also facilitating remote e-voting for its members. The remote e-voting period will commence on Saturday, September 26, 2026, at 09:00 a.m. IST and conclude on Monday, September 28, 2026, at 05:00 p.m. IST. The cut-off date for remote e-voting is Tuesday, September 22, 2026.

Earthstahl & Alloys Ltd has been fined ₹1,000 plus GST by BSE Limited for delayed compliance in appointing a qualified company secretary as compliance officer. The company has submitted a representation to BSE requesting a waiver of the fine. The fine is due by September 5, 2026, and is not expected to have a significant financial or operational impact beyond the penalty amount.

Earthstahl & Alloys Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the reappointment of Mr. Prawin Somani and Mr. Rajesh Somani as Whole-Time Directors. Both appointments are for a term of five years, commencing from April 1, 2027, and September 1, 2027, respectively. These reappointments are subject to the approval of the company's shareholders at the upcoming 17th Annual General Meeting (AGM). Mr. Prawin Somani has 22 years of experience in mineral briquetting, coke, and cast iron trading, overseeing production and procurement. Mr. Rajesh Somani brings 30 years of experience in the iron and steel industry, focusing on marketing, finance, and overall business management. The filing also includes disclosures regarding their relationships and confirmation that they are not debarred from holding directorships.

Earthstahl & Alloys Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the reappointment of Mr. Prawin Somani and Mr. Rajesh Somani as Whole-Time Directors. Both appointments are for a term of five years, subject to shareholder approval at the upcoming 17th Annual General Meeting. Mr. Prawin Somani's reappointment is effective from April 1, 2027, while Mr. Rajesh Somani's is effective from September 1, 2027. The meeting also included discussions on other inter-alia matters.

Earthstahl & Alloys Ltd has appointed M/s Himanshu R & Co. as Internal Auditor and M/s S.G. Kankani & Associates as Secretarial Auditor for the financial year 2026-27. The appointments were made during the Board of Directors meeting held on May 30, 2026. The company has disclosed the details as per SEBI circulars CIR/CFD/CMD/4/2015 and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123.

Earthstahl & Alloys Ltd. has authorized Key Managerial Personnel (KMPs) to determine the materiality of events and make disclosures to the Stock Exchange, as per Regulation 30(5) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The decision was made during the Board of Directors meeting held on May 30, 2026. Mr. Rajesh Somani and Mr. Prawin Somani are authorized severally for determining materiality, while Mr. Ankit Dewangan, Company Secretary, is also authorized for making disclosures to the Stock Exchange.

Earthstahl & Alloys Ltd's Board of Directors approved the audited financial results for the half-year and year ended March 31, 2026, in a meeting held on May 30, 2026. The results, along with the Statement of Assets & Liabilities, Cash Flow Statement, and Audit Report, have been submitted to the BSE as per SEBI regulations.