STEEL AUTHORITY OF INDIA LTD.

Steel Authority of India Ltd (SAIL) has announced the closure of its trading window for dealing in the company's shares. This closure will be effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. The specific date for the board meeting to consider these financial results will be communicated later. All designated employees and their immediate relatives are prohibited from trading in SAIL securities during this period, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct.

Steel Authority of India Ltd (SAIL) has announced the recommendation of a final dividend of ₹2.35 per equity share of ₹10 each (23.50% of the paid-up equity share capital) for the financial year 2025-26. This decision was made during the Board of Directors meeting held on May 15, 2026, where the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were also approved. The dividend will be paid within 30 days of shareholder approval at the Annual General Meeting.

The Board of Directors of Steel Authority of India Ltd (SAIL) approved the audited standalone and consolidated financial results for the quarter/year ended March 31, 2026. They have recommended a final dividend of ₹2.35 per equity share of ₹10 each for the financial year 2025-26, which is 23.50% of the paid-up equity share capital. The dividend will be paid within 30 days of shareholder approval at the Annual General Meeting.

Steel Authority of India Ltd (SAIL) has announced that a meeting of the Board of Directors is scheduled for May 15, 2026, to consider and approve the recommendation of the final dividend for the financial year 2025-26, if any. This announcement follows their earlier communication on May 8, 2026.

Dr. Ashok Kumar Panda has been appointed as the Chairman & Managing Director (CMD) of Steel Authority of India Limited (SAIL), effective May 9, 2026, following his appointment by the Government of India. Dr. Panda, previously Director (Finance), is affirmed to be clear of any SEBI restrictions on holding the CMD position. He brings over three decades of experience across various disciplines within SAIL, including strategic planning, production, marketing, and finance. His profile highlights his focus on improving operational efficiencies, expanding capacities, and enhancing stakeholder value.

Steel Authority of India Ltd (SAIL) has scheduled a Board of Directors meeting on May 15, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. In compliance with SEBI regulations, the trading window has been closed from April 1, 2026, and will remain closed until 48 hours after the announcement of the financial results.

Life Insurance Corporation of India (LIC) has disclosed a market sale of 85,142,438 equity shares in Steel Authority of India Ltd (SAIL). This transaction, which occurred between June 8, 2023, and April 28, 2026, reduced LIC's shareholding in SAIL by 2.061%. Consequently, LIC's total stake in SAIL decreased from 8.687% (358,807,919 shares) to 6.626% (273,665,481 shares). The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Steel Authority of India Ltd (SAIL) announced the resignation of its Chairman and Managing Director, Amarendu Prakash, with effect from April 1, 2026. Prakash has served the company for 34 years and has been in the current position since January 15, 2026. The resignation was submitted on January 2, 2026, and the government has approved it. Krishna Kumar Singh, Director (Personnel), SAIL, has been given additional charge of the post of Chairman and Managing Director for a period of 3 months from April 2, 2026, or until the appointment and joining of the regular incumbent to the post.

Steel Authority of India Ltd (SAIL) announced the resignation of its Chairman and Managing Director, Amarendu Prakash, with effect from April 1, 2026. Prakash has served the company for 34 years and has been in the current position since January 15, 2026. The resignation was submitted after considerable reflection and Prakash is confident that the company is well-positioned for continued progress. The Ministry of Steel has approved the resignation and Krishna Kumar Singh, Director (Personnel), SAIL, has been given additional charge of the post for a period of 3 months or until the appointment and joining of the regular incumbent.

Steel Authority of India Ltd (SAIL) has announced the closure of its trading window for dealing in shares from L'April, 2026 till 48 hours after the declaration of Financial Results of the Company for the Quarter and Year ended 31st March, 2026. The date of the Board Meeting for Considering the Financial Results of the Quarter and Year ended 31st March, 2026, will be intimated in due course. All Designated persons have been informed that they (including immediate relatives) shall not deal in any transaction involving the purchase or sale of the Company's Securities during the closure of the Trading Window as per the 'Internal Code of Conduct for Prevention of Insider Trading in dealing with, securities of SAIL, 2016'.