Shyam Metalics and Energy Ltd

Shyam Metalics and Energy Ltd has been assigned an ESG rating of "53" by CRISIL ESG Ratings and Analytics Limited. The rating was provided voluntarily by CRISIL based on publicly available information and was not solicited by the company. This disclosure is made in compliance with SEBI Listing Regulations and will be available on the company's website.

Shyam Metalics and Energy Ltd has released its consolidated sales data for August 2026. The company reported significant year-on-year (YoY) growth in sales volumes across most segments. Stainless Steel saw a 16.44% YoY volume increase with a 45.51% rise in realisations. Aluminium Foil, which recently commissioned its plant, experienced a 27.41% YoY volume growth. Speciality Alloys also showed strong performance with a 27.97% YoY volume increase. Carbon Steel (Long) had a modest 2.76% YoY volume growth, while Carbon Steel (Flat) surged by 114.14% YoY. Metallics (Pellet, Sponge iron, Pig iron) reported a 27.97% YoY volume increase. Month-on-month (MoM) comparisons also showed positive volume trends for most categories, though realisations varied.

Shyam Metalics and Energy Ltd announced the grant of 11,000 stock options to one eligible employee under the "SMEL Employee Stock Incentive Plan – 2023" (ESIP – 2023). Each option entitles the holder to one equity share of ₹10 face value. The options were granted at an exercise price of ₹798.98, representing a 25% discount on the market price of ₹998.72 (previous day's closing price). The options vest over four years, with 20% vesting on the first anniversary, followed by 23% on the second, 23% on the third, and 34% on the fourth. The exercise period is within four years from the vesting date.

Shyam Metalics and Energy Ltd has been assigned an ESG rating of 48 by ESG Risk Assessments and Insights Limited, a SEBI Registered ESG Rating Provider. The rating was assigned voluntarily based on publicly available information. The company clarified that it did not engage the rating agency for this assessment, and the rating was done independently. This disclosure is also being made available on the company's website.

Shyam Metalics and Energy Ltd announced the vesting of 20% of stock options granted under the ESIP-2023 to 5 eligible employees. This means 20,900 stock options, initially granted on August 29, 2026, are now available for exercise after completing their first anniversary. The options were granted at a 25% discount to the market price of ₹679.43. The ESOP scheme is administered via an ESOP Trust, and vested shares will not be subject to a lock-in period. The remaining options are scheduled to vest over the next three years.

Shyam Metalics and Energy Ltd has issued a corrigendum to its Notice of Annual General Meeting (AGM) and Annual Report for FY 2025-26. The company identified a typographical error regarding the record date for the final dividend. The incorrectly stated date was August 18, 2026, while the correct record date is August 7, 2026. The company noted that the correct date was already reflected on exchange portals. A corrected notice, incorporating this change on page 98, has been submitted and is available on the company's website. This clarification is for the information of members and investors.

Shyam Metalics and Energy Ltd reported its sales for July 2026, showing a mixed performance across product categories. Stainless Steel sales volume increased by 12.92% YoY with a 36.13% rise in realization. Aluminium Foil saw an 8.24% YoY volume increase and 36.33% realization growth. Pellet sales surged by 87.61% YoY in volume. Speciality Alloys experienced a 20.27% YoY decrease in volume but a 20.47% increase in realization. Carbon Steel volumes grew 10.87% YoY. CR Coil/CR Sheets showed a significant 53.10% YoY volume increase.

Shyam Metalics and Energy Ltd is informing shareholders about the 24th Annual General Meeting (AGM) scheduled for August 25, 2026. For shareholders whose email addresses are not registered, a letter provides a weblink to access the Annual Report for FY 2025-26. Electronic copies of the AGM notice and annual report were sent to registered shareholders on August 3, 2026. Key dates for the AGM include a record date of August 7, 2026, and e-voting from August 21 to August 24, 2026. Shareholders are advised to update their email, mobile, and bank details for smooth dividend processing.

Shyam Metalics and Energy Ltd has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, which forms part of its 24th Annual Report. The BRSR, available on the company's website, is submitted as per SEBI regulations. It is prepared on a consolidated basis, encompassing subsidiaries like Shyam Sel and Power Limited. BDO India Services Private Limited provided reasonable assurance for the BRSR Core. The company's main activity is manufacturing metal and metal products, accounting for 98.91% of turnover, with key products including Carbon Steel and Pig Iron. Operations span 8 national plants and 17 offices, serving 25 Indian states and 40 international countries. Exports contribute 10.63% of total turnover, primarily Ferro Alloy and Stainless Steel. The company reported 4845 permanent employees.

Shyam Metalics and Energy Ltd has released its Annual Report for FY 2025-26, detailing its operational philosophy of vertical integration from 'ore to metal'. The report emphasizes the company's strategy of building a strong foundation ('moat') through captive power and dedicated logistics, enabling future growth. Key initiatives include developing a stainless-steel platform, an aluminium foil facility for EV batteries, a railway wagon manufacturing unit, and a Special Bar Quality Mill for auto-grade steel within the next 2-3 years. The company highlights its transition from commodity to specialty products and its focus on value creation through integration. The report also includes forward-looking statements regarding future prospects and financial performance, alongside statutory and financial statements.