STEEL AUTHORITY OF INDIA LTD.

Steel Authority of India Limited (SAIL) has announced a change in its board composition. Ms. Sarita Chauhan has been appointed as the Government Nominee Director on the Board of SAIL, effective immediately. This appointment was made by the Ministry of Steel. Additionally, Mr. Vinod Kumar Tripathi, Joint Director of Steel, has been appointed as a Director on the Board of SAIL until further orders, subject to SEBI orders or any other such directives. These changes are effective immediately.

Steel Authority of India Ltd (SAIL) has announced the appointment of Shri Mohit Malpani as Company Secretary and ED(F&A), effective October 2026. This follows the superannuation of the previous Company Secretary, Shri M.B. Balakrishnan, in September 2026. Shri Malpani will also serve as the Compliance Officer of the Company as per SEBI regulations. With a career at SAIL since 1991, Malpani has extensive experience in finance and large-scale industrial operations, including roles at various steel plants and as CFO of a joint venture. His profile highlights significant contributions to strategic initiatives, financial appraisals, and dispute resolutions, alongside a focus on digital transformation and prudent capital management.

Steel Authority of India Ltd (SAIL) has announced the closure of its trading window for dealing in the company's shares. This closure is effective from October 1, 2026, and will remain in effect until 48 hours after the declaration of the financial results for the quarter and half-year ended September 30, 2026. The company has informed all designated persons and their immediate relatives about this restriction, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and SAIL's Internal Code of Conduct. The date of the board meeting to consider these financial results will be communicated separately.

Steel Authority of India Limited (SAIL) and Bharat Coking Coal Limited (BCCL) have signed a Memorandum of Understanding (MoU) for the joint development and operation of coal blocks in West Bengal. This agreement aims to boost domestic coking coal production by developing SAIL's Indikatta Ramnagore Coal Block and BCCL's East of Damagoria (Kalyaneshwari) Coal Block. The MoU represents a strategic move to enhance self-sufficiency in critical raw material sourcing for the steel industry.

Life Insurance Corporation of India (LIC) has disclosed a sale of 62,632,513 equity shares, representing 2.001% of the total share capital, in Steel Authority of India Limited (SAIL). This transaction, executed via market sale between April 28, 2026, and September 1, 2026, reduces LIC's total shareholding in SAIL from 6.625% to 4.625%. The total equity share capital of SAIL remains at ₹4,130.52 crore post-sale.

Steel Authority of India Limited (SAIL) has submitted its Business Responsibility & Sustainability Report (BRSR) for the financial year 2025-26. The report details the company's corporate identity, operational scope, and employee statistics. SAIL's business activities are primarily focused on the manufacturing of iron and steel, contributing 100% to its turnover. The company operates across numerous locations in India and serves a diverse customer base including government organizations, PSUs, private companies, and distributors. Exports constitute a minor 1.05% of its total turnover. The report also provides a breakdown of its workforce, including permanent and contract employees, and details on differently-abled personnel.

Steel Authority of India Ltd (SAIL) has announced its 54th Annual General Meeting (AGM) will be held on September 24, 2026, at 10:30 AM IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The company has dispatched the Notice of AGM and the Annual Report for FY 2025-26, including audited financial statements, through electronic mode on September 1, 2026. SAIL is providing remote e-voting facility from September 20 to September 23, 2026, and e-voting during the AGM, facilitated by National Securities Depository Limited (NSDL). The cut-off date for determining voting eligibility is September 17, 2026.

Steel Authority of India Limited (SAIL) has announced its 54th Annual General Meeting (AGM) will be held on September 24, 2026, at 10:30 AM via Video Conferencing. The company also fixed September 30, 2026, as the record date for its final dividend for FY 2025-26. The Board of Directors had previously recommended a final dividend of ₹23.57 per equity share. The Annual Report and AGM Notice will be circulated in due course. The dividend, if approved by shareholders, will be paid within 30 days of the AGM.

Steel Authority of India Limited (SAIL) has announced the record date for its final dividend for the Financial Year 2025-26. The 54th Annual General Meeting (AGM) will be held on September 24, 2026. The Board of Directors had previously recommended a final dividend of ₹2.357 per equity share. The record date for determining shareholder eligibility for this dividend has been fixed as September 30, 2026. If approved by shareholders at the AGM, the dividend will be paid within 30 days of approval, subject to TDS.

Steel Authority of India Ltd (SAIL) has clarified that it is exploring various routes for raising funds to meet its capital expenditure (capex) requirements. A Follow-on Public Offering (FPO) or Qualified Institutional Placement (QIP) is among the options being considered. The company stated that these explorations are in a preliminary stage and have been informed to the stock exchanges as per Regulation 30.