Shyam Metalics and Energy Ltd

Shyam Metalics and Energy Limited has successfully commissioned its new 1.5 MTPA Beneficiation Plant in Sambalpur, Odisha, effective July 29, 2026. This plant, with a capital investment of ₹150 Crore, is designed to process low-grade ore into high-grade feedstock for downstream operations. The strategic objectives include enhancing resource efficiency by extending mine life, optimizing reserves, and expanding margins through reduced reliance on external feedstock. The plant utilizes eco-efficient technology to ensure uniform premium-grade input while optimizing water and energy consumption, aligning with quality and sustainability goals.

Shyam Metalics and Energy Limited (SMEL) has announced the successful commissioning of its new 1.5 MTPA Beneficiation Plant in Sambalpur, Odisha. This plant, representing a capital investment of ₹150 Crore, is designed to upgrade low-grade ore into high-quality feedstock. The facility aims to optimize raw material utilization, extend mine life, reduce reliance on costly external feedstock, and enhance overall operating margins. The plant utilizes eco-efficient technology to minimize water and energy consumption, reinforcing the company's commitment to sustainable growth. This strategic move is expected to significantly boost profitability and strengthen the company's bottom line.

Shyam Sel and Power Limited, a subsidiary of Shyam Metalics and Energy Limited, has commissioned an 8.90 MWp solar power project at its Jamuria, West Bengal plant. The project utilizes a combination of 4.60 MWp CAPEX and 4.30 MWp OPEX models for captive consumption. This initiative aims to optimize operational power costs, integrate green energy, and reduce the company's carbon footprint, reinforcing its commitment to sustainable manufacturing. The Chairman & Managing Director highlighted the blended strategy's effectiveness in balancing capital efficiency with long-term cost optimization and emission reduction.

Shyam Metalics and Energy Ltd announced an interim dividend of ₹1.80 per equity share for FY 2026-27, declared on July 20, 2026, and payable by August 19, 2026. The company has informed shareholders about the applicability of Tax Deducted at Source (TDS) on dividends as per the Income Tax Act, 2025. Resident shareholders with valid PAN will face a 10% TDS, while those without or with invalid PAN will be taxed at 20%. Non-resident shareholders will be subject to rates as per the Act or applicable tax treaties. No TDS is applicable for resident individual shareholders if the total dividend does not exceed ₹10,000 per annum. Shareholders are urged to submit necessary declarations and documents by July 24, 2026, via https://ris.kfintech.com/form15 or einward.ris@kfintech.com to ensure correct TDS deduction.

Shyam Metalics and Energy Ltd has issued a clarification regarding its previous announcement on the Outcome of the Board Meeting. The company explicitly states that the book closure period from August 19 to August 25, 2026, is solely for the 24th Annual General Meeting (AGM). The record date for determining eligibility for the final dividend for FY 2025-26, if approved at the AGM, has been set as Friday, August 07, 2026. All other details from the July 20, 2026, board meeting outcome remain unchanged.

Shyam Metalics and Energy Ltd (SMEL) announced its Q1 FY27 financial results, reporting a robust 23.3% year-on-year increase in revenue to ₹5,455 Cr and a 28.3% rise in EBITDA to ₹812 Cr. Operating EBITDA also saw significant growth of 32.0% YoY to ₹765 Cr. Profit after Tax (PAT) grew by 20.6% YoY to ₹351 Cr. The company highlighted operational excellence and its integrated business model as drivers for this growth. Key developments include the unveiling of its Vision 2031 roadmap and the commencement of commercial production at its Aluminium Foil Facility. SMEL also declared an interim dividend of ₹1.80 per equity share.

Shyam Metalics and Energy Limited announced that its Board of Directors, at a meeting held on July 20, 2026, approved the Unaudited Financial Results (Standalone and Consolidated) for the First Quarter ended June 30, 2026. The Board also approved the payment of a 1st Interim Dividend of ₹1.80 per equity share for FY 2026-27, with a record date of July 24, 2026. Additionally, the company plans to raise up to ₹4,500 crore through various equity instruments via private placement, FPO, or preferential issue, subject to shareholder and regulatory approvals. The 24th Annual General Meeting is scheduled for August 25, 2026, with the register of members closed from August 19-25, 2026.

Shyam Metalics and Energy Limited's Board of Directors has approved a plan to raise up to ₹4,500 crore through the issuance of various securities, including equity shares, preference shares, or convertible debentures. The fundraising aims to support the company's growth and strategic initiatives. The board also approved the Unaudited Financial Results for the first quarter ended June 30, 2026, and declared a first interim dividend of ₹1.80 per equity share for FY2026-27. The company has scheduled its 24th Annual General Meeting for August 25, 2026, to seek shareholder approval for the fund-raising plan.

Shyam Metalics and Energy Limited's Board of Directors met on July 20, 2026, approving the Unaudited Financial Results (Standalone and Consolidated) for the First Quarter ended June 30, 2026. The Board also approved the payment of a 1st Interim Dividend of ₹1.80 per equity share for FY2026-27, with a record date of July 24, 2026. A significant fund-raising plan of up to ₹4,500 crore through various equity-linked instruments was also sanctioned, subject to regulatory and shareholder approvals. The 24th Annual General Meeting is scheduled for August 25, 2026, to discuss these proposals.

Shyam Metalics and Energy Limited's Board of Directors met on July 20, 2026, approving the Unaudited Financial Results (Standalone and Consolidated) for the First Quarter ended June 30, 2026. The board also declared a 1st Interim Dividend of ₹1.80 per equity share for FY26-27, with a record date of July 24, 2026. A significant fund-raising plan of up to ₹4,500 crore through various equity instruments was approved, subject to shareholder and regulatory approvals. The 24th Annual General Meeting is scheduled for August 25, 2026, with the register of members closing from August 19-25, 2026.