SHREE STEEL WIRE ROPES LTD.

Shree Steel Wire Ropes Ltd has announced significant management changes. Mr. Anil Sajnani has been appointed as the Managing Director (MD). Concurrently, Mr. Ramnarayan Tiwari has resigned as Whole Time Director (WTD), Mr. Ashish Sajnani has resigned as MD, and Mr. Niranjan Choudhary has resigned as CFO. The resignations are effective from July 13th and July 14th, 2026, with reasons cited including health challenges, advancing age, and personal reasons. Mr. Choudhary's resignation as CFO is effective July 31st, 2026. The company is arranging for the necessary filings with the Registrar of Companies and stock exchanges.

Shree Steel Wire Ropes Ltd has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a total revenue of ₹248.00 Lakhs and a profit after tax of ₹22.72 Lakhs for the quarter. This filing includes the limited review report for the same period. The company's primary business is the manufacturing of steel wire ropes and allied products.

Shree Steel Wire Ropes posted a clear year-on-year turnaround in Q1 FY27 (standalone; no consolidated statement is filed). Revenue from operations more than doubled to ₹2.43 Cr from ₹1.09 Cr a year ago (+122% YoY), and the company swung from a ₹0.19 Cr net loss in Q1 FY26 to a ₹0.23 Cr net profit. The move is genuine operating recovery, not a one-off: exceptional items are nil on both sides, so raw and adjusted growth are the same, and the only tax charge is ₹0.01 Cr of deferred tax. The turn is driven almost entirely by volume/topline rather than cost efficiency — cost of materials consumed jumped to ₹1.36 Cr from ₹0.57 Cr in line with higher output, but operating leverage over the fixed base (employee cost roughly flat at ₹0.45 Cr, lower depreciation) carried the print through. Net margin expanded to ~9.3% from -16.8% a year ago and 2.0% last quarter, so the margin trajectory is decisively up. Sequentially the result also improved sharply (revenue +35% QoQ, PAT ₹0.23 Cr vs ₹0.04 Cr in Q4 FY26), though the YoY loss-to-profit swing is the real story. The result lands alongside a heavy management reshuffle approved the same day: Managing Director Ashish L. Sajnani resigned, Anil L. Sajnani was appointed MD effective 14 July 2026, Whole-Time Director Ramnarayan Tiwari resigned, and CFO Niranjan Choudhary resigned effective 31 July 2026 — a notable churn in the finance and board leadership to watch against the reported profitability. This is a micro-cap with no analyst coverage or consensus estimates, and management provides no formal revenue or margin guidance, so there is no street or guidance benchmark to judge the print against.

Shree Steel Wire Ropes Ltd has announced that its Board of Directors will convene on July 13, 2026, at 10:00 AM at their Mumbai office. The primary agenda item for this meeting is to consider and approve the company's financial results. The meeting details, including the venue and time, have been communicated to stakeholders.

Shree Steel Wire Ropes Ltd has announced that its Board of Directors will convene on July 13, 2026, at 10:00 AM. The meeting, to be held at their Mumbai office, will primarily focus on considering and approving the company's financial results. The agenda also includes other inter-company business matters.

Shree Steel Wire Ropes Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from July 01, 2026, until 48 hours after the declaration of the un-audited financial results for the quarter ending June 30, 2026. The specific date for the Board of Directors' meeting to approve these results will be communicated separately.

The Board of Directors of 513488 (Shree Steel Wire Ropes Ltd) has approved the appointment of Praveen Chandak & Associates, Chartered Accountant, as the Internal Auditor for the Financial Year 2026-27. This appointment is made to ensure compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Praveen Chandak & Associates is a firm experienced in various audit services including Internal Audit, Bank Audit, Tax Audit, Statutory Audit, and GST Audit.

Shree Steel Wire Ropes Ltd. announced the approval of audited financial results for the year ended March 31, 2026, during a Board of Directors meeting held on May 27, 2026. The board also approved the appointment of Mrs. Jyoti Kashyap Padia as Company Secretary and Compliance Officer, and the re-appointment of Praveen Chandak & Associates as Internal Auditor for FY 2026-27. The auditor's report, issued by Chandak Agarwal & Co, contained an unmodified opinion.

Shree Steel Wire Ropes Ltd's Board of Directors approved the audited financial results for the year ended March 31, 2026. Chandak Agarwal & Co issued the auditor's report. The board also approved the appointment of Mrs. Jyoti Kashyap Padia as Company Secretary and Compliance Officer and re-appointed Praveen Chandak & Associates as Internal Auditor for FY 2026-27. The Board meeting commenced at 9:00 AM and concluded at 11:30 AM.

Shree Steel Wire Ropes Ltd has announced that a meeting of the Board of Directors is scheduled for May 27, 2026, to consider and approve the audited financial results.