STEEL STRIPS WHEELS LTD.-$

Steel Strips Wheels Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from Wednesday, July 01, 2026, and will continue until 48 hours after the declaration of the Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. Designated persons and their immediate relatives are informed of this restriction. The date for the Board of Directors' meeting to approve these financial results will be communicated to the stock exchanges in due course.

Steel Strips Wheels Ltd (SSWL) announced the transfer of 2,500 equity shares in physical mode, in compliance with SEBI Circulars dated November 6, 2018, and July 2, 2025. The transfers include 1,000 equity shares (originally 100 shares of FV ₹10, now 1,000 shares of FV ₹1 post-split) from Vinay Mehta to Shashi Sharma. Additionally, 1,500 equity shares (originally 150 shares of FV ₹10, now 1,500 shares of FV ₹1 post-split) belonging to Paresh K Raichura have been recorded under the IEPF Authority. This disclosure ensures adherence to regulatory requirements for physical share transactions.

Steel Strips Wheels Ltd has received a Show Cause Notice (SCN) from the Principal Commissioner of Customs, Mundra Port, alleging violation of Section 65 of the Customs Act, 1962. The notice pertains to the alleged unlawful availment of Duty Drawback and RoDTEP Scrips totaling Rs. 1,37,80,184 and Rs. 32,38,451 respectively for exported goods. The company has already paid these amounts along with applicable interest before the SCN was issued to avoid litigation. An additional Rs. 13,73,752 in RoDTEP scrips remains unutilized. The company expects no immediate financial liability but is evaluating the SCN and will submit a reply within the 30-day timeline. Potential penalties under various sections of the Customs Act have been alleged but not quantified.

Steel Strips Wheels Ltd announced the resignation of Sh. Mohan Joshi, Deputy Managing Director (Executive Director), effective June 3, 2026. Joshi cited personal health and family reasons for his departure. He will also cease to be a member of the Audit Committee, CSR&S Committee, Risk Management Committee, and Finance Committee, and will no longer be considered Key Managerial Personnel (KMP). The company has provided the necessary disclosures as per SEBI LODR Regulations.

Steel Strips Wheels Ltd reported a strong performance for May 2026, with net turnover reaching ₹485.98 Crores, an 18.43% YoY increase. Gross turnover reached ₹560.03 Crores, up 11.84% YoY. The tractor segment expanded by 21% in value and 17% in volume, while the 2 & 3 Wheelers segment saw a 50% growth in value and 30% in volume, driven by EV adoption. The company is focused on optimizing product-mix margins and efficient capacity utilization.

Steel Strips Wheels Ltd (SSWL) reported its audited financial results for the quarter and financial year ended March 31, 2026. The company achieved its highest-ever revenue, with a 17% year-over-year growth, reaching ₹5,183 Cr for FY26. EBITDA stood at ₹522.96 Cr, up 4.5% YoY, and PAT reached ₹202.09 Cr. The board recommended a final dividend of ₹1.50 per equity share. Q4 revenue was ₹1,475 Cr, up 19.5% YoY, with EBITDA at ₹152.52 Cr and PAT at ₹64.45 Cr.

Steel Strips Wheels Ltd (SSWL) reported its highest-ever revenue for FY26, reaching ₹5,183 Cr, a 17% YoY increase. EBITDA stood at ₹522.96 Cr, up 4.5% YoY, and PAT reached ₹202.09 Cr. For Q4 FY26, revenue was ₹1,475 Cr (up 19.5% YoY), EBITDA was ₹152.52 Cr (up 10.5% YoY), and PAT was ₹64.45 Cr (up 5.5% YoY). The Board recommended a final dividend of ₹1.50 per equity share.

Steel Strips Wheels Ltd (SSWL) reported its highest ever revenue for FY26, reaching ₹5,183 Cr, a 17% YoY increase. EBITDA stood at ₹522.96 Cr, up 4.5% YoY, and PAT reached ₹202.09 Cr. For Q4 FY26, revenue was ₹1,475 Cr (up 19.5% YoY), EBITDA was ₹152.52 Cr (up 10.5% YoY), and PAT was ₹64.45 Cr (up 5.5% YoY). The Board recommended a final dividend of ₹1.50 per equity share. Volume growth was seen in alloy wheels (19%), tractor wheels (23%), and truck wheels (11%).

Steel Strips Wheels Ltd. has announced the rescheduling of its Board Meeting from May 26, 2026, to May 29, 2026, due to unavoidable circumstances. The meeting will consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, and consider recommending a final dividend for the financial year 2025-26.

Steel Strips Wheels Ltd has scheduled a Board of Directors meeting on May 26, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board will also consider recommending a final dividend for the financial year 2025-26. The trading window closure period commenced on April 1, 2026, and will remain closed until 48 hours after the declaration of the results.