Mishra Dhatu Nigam Ltd

Mishra Dhatu Nigam Ltd (MIDHANI) announced a change in its Board of Directors. Ms. Meera Mohanty has been appointed as the Government Nominee Director, effective September 17, 2026, replacing Shri Prakash Rajpurohit. Ms. Mohanty, a 2005 batch IAS officer, currently serves as Joint Secretary (Personnel & Coordination) in the Ministry of Defence. Her appointment is until further order from the Administrative Ministry. This change is in accordance with SEBI LODR regulations.

Mishra Dhatu Nigam Ltd has announced the re-appointment of M/s Anjaneyulu & Co, Chartered Accountants, as its Statutory Auditors for the Financial Year 2026-27. The re-appointment was made by the Comptroller & Auditor General of India, as communicated via a letter dated September 9, 2026. This ensures continued oversight of the company's financial reporting for the upcoming fiscal year.

Mishra Dhatu Nigam Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, in compliance with SEBI regulations. The report details the company's corporate identity, registered and corporate addresses, contact information, and financial year of reporting. It also outlines the company's business activities, which are 100% focused on the manufacturing of Special Metals and Alloys/Metal and Metal Products, contributing to 90% of its turnover. The report specifies product/service details, number of operational locations (2 plants, 3 offices nationally), and markets served, with exports accounting for 7.04% of total turnover. Employee and worker statistics, including details on permanent and other than permanent staff, as well as differently-abled individuals, are also provided on a standalone basis.

Mishra Dhatu Nigam Ltd (MIDHANI) has announced that its 52nd Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, commencing at 11:00 AM. The meeting will be conducted entirely through Video Conferencing (VC). The company's annual report for 2025-26, which includes financial statements, board reports, and management discussions, was also referenced. Key agenda items for the AGM include the adoption of audited financial statements for FY 2025-26, confirmation of interim dividend, declaration of final dividend, and appointment of a director retiring by rotation. Additionally, the appointment of Shri Padavittan Babu as Director (Production & Marketing) effective October 7, 2025, will be considered.

Mishra Dhatu Nigam Limited (MIDHANI) has released its Annual Report for FY 2025-26, alongside the Notice of its Annual General Meeting (AGM). The report highlights a landmark year for the company, marked by the highest-ever Revenue from Operations, a 12.56% year-on-year growth. MIDHANI also achieved significant technological milestones, including the development of critical alloy grades for aero-engine and naval applications and pouring India's largest Titanium casting. The company emphasizes its alignment with national self-reliance goals in critical materials and advanced manufacturing, aiming to unlock new opportunities and enhance operational performance. The AGM notice includes standard business items such as adopting financial statements, confirming interim dividends, declaring a final dividend, re-appointing a retiring director, and appointing a new Director (Production & Marketing).

Mishra Dhatu Nigam Limited (MIDHANI) has announced Wednesday, September 23, 2026, as the record date for its final dividend for the financial year 2025-26. The company's annual report for FY 2025-26 highlights a landmark year with the highest-ever Revenue from Operations, a 12.56% year-on-year growth, and significant technological advancements, including the pouring of India's largest Titanium casting. MIDHANI continues to align its strategy with national self-reliance goals in defence and advanced manufacturing.

Mishra Dhatu Nigam Ltd (MIDHANI) has been fined ₹12,59,060 each by BSE and NSE, totaling ₹25,18,120 (inclusive of GST), for non-compliance with SEBI LODR regulations for the quarter ended June 30, 2026. The non-compliance pertains to board composition rules. MIDHANI states it has not paid the fine as director appointments are vested with the President of India. The company plans to request a fine waiver from the exchanges due to impossibility of compliance. The fine is not expected to impact the company's financial or operational activities.

Mishra Dhatu Nigam Ltd (MIDHANI) has announced the appointment of two Non-Executive Independent Directors to its Board: Shri A. Pugazhenthi and Shri Sameer Mundra. The appointments were conveyed by the Department of Defence Production, Ministry of Defence, effective August 21, 2026, for a term of three years or until further orders. Shri A. Pugazhenthi, with an M.Sc. and LL.B., brings experience in legal practice and agriculture. Shri Sameer Mundra, a B.E. in Production Engineering, has extensive experience in business management, engineering, and trading. Both directors have confirmed compliance with SEBI regulations and are not disqualified from holding office.

Mishra Dhatu Nigam Ltd (MIDHANI) has achieved a significant milestone by becoming the first Indian company to receive Independent and International Metallic Material Laboratory (S400) approval from GE Aerospace. This approval covers a wide range of chemical, mechanical, and metallurgical testing. The recognition underscores MIDHANI's commitment to quality and global standards in metallic material testing, reinforcing its position as a trusted partner in the global aerospace industry and contributing to India's self-reliance in advanced materials.

Mishra Dhatu Nigam Ltd announced that its Board of Directors, in a meeting held on August 12, 2026, approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also noted the Limited Review Report issued by statutory auditors M/s. Anjaneyulu & Co. The results were prepared in accordance with Indian Accounting Standard 34 and SEBI LODR regulations. The auditors confirmed that nothing came to their attention to suggest material misstatements in the interim financial information.