Steelco Gujarat Ltd

Steelco Gujarat Ltd has filed its Annual Report for the Financial Year 2025-26. The report, along with the Notice for the 36th Annual General Meeting (AGM), is being disseminated electronically to shareholders. The AGM is scheduled for Friday, September 25, 2026, at 12:00 PM IST, to be conducted via Video Conferencing. The Annual Report and AGM Notice are also available on the company's website, www.steelcogujarat.com. The filing complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Steelco Gujarat Ltd has announced its 36th Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 12:00 noon IST. The meeting will be conducted virtually via Video Conferencing/Other Audio Visual Means. Key agenda items include the adoption of the Audited Standalone Financial Statement for FY 2025-26, the reappointment of Ms. Mukta Jain as a director, and the appointment of M/s. T R Chadha & Co LLP as Statutory Auditors for a term of five years. The cut-off date for e-voting eligibility is September 18, 2026, with remote e-voting available from September 22 to September 24, 2026. The Notice of AGM and Annual Report for FY 2025-26 have been dispatched electronically to shareholders.

Steelco Gujarat Ltd has submitted its Statement of Material Deviation/Variation for the Rights Issue for the quarter ended June 30, 2026. The company confirms that there has been no deviation or variation in the utilization of the net proceeds from its equity share rights issue, which was allotted on June 6, 2026. The monitoring agency, Infomerics Valuation and Rating Limited, has also provided a report for the same quarter, confirming no deviation from the objects of the issue and a nil range of deviation. The total rights issue amount aggregated to ₹14.89 crore.

Steelco Gujarat Ltd has announced the appointment of Mr. Sudeep Saxena as an Additional Director and Non-Executive Independent Director, effective August 13, 2026. This appointment is subject to shareholder approval. Mr. Saxena brings over 37 years of experience in banking and corporate finance, having held senior positions at Axis Bank and State Bank of Patiala. He will serve as an Additional Director until the next Annual General Meeting and as a Non-Executive Independent Director for a term of two years. His expertise includes corporate credit management, risk management, and business strategy.

Steelco Gujarat Ltd has announced the appointment of M/s. TR Chadha & Co. LLP as its new Statutory Auditors. This appointment, approved by the Board of Directors on August 13, 2026, fills a casual vacancy caused by the resignation of M/s. M Sahu & Co. The new auditors will serve until the conclusion of the next Annual General Meeting. TR Chadha & Co. LLP, established in 1946, is a well-regarded Chartered Accountancy firm with extensive experience in statutory audits of listed companies and large corporates across various sectors.

Steelco Gujarat Ltd announced the outcome of its Board Meeting held on August 13, 2026. The board approved the Unaudited Standalone Financial Results for the first quarter ended June 30, 2026, along with the Limited Review Report. Key decisions also included the resignation of M/s. M Sahu & Co. as Statutory Auditors, effective August 14, 2026, to comply with Debenture Trust Deed requirements. M/s. TR Chadha & Co. LLP has been appointed as the new Statutory Auditors until the next Annual General Meeting to fill the casual vacancy. Additionally, Mr. Sudeep Saxena was appointed as an Additional Director and Non-Executive Independent Director for a term of two years.

Steelco Gujarat Ltd has received a resignation letter from its Statutory Auditors, M/s. M Sahu & Co., Chartered Accountants, effective August 14, 2026. The resignation is to comply with a Debenture Trust Deed requirement to appoint a new auditor acceptable to debenture holders until the Final Settlement Date. The auditors confirmed the resignation is not due to any concerns regarding management, audit conduct, scope limitations, or information availability.

Steelco Gujarat Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda for this meeting is to consider and approve the company's Unaudited Financial Results for the first quarter ended June 30, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Steelco Gujarat Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from Wednesday, July 01, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the first quarter ending June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. Directors, promoters, connected persons, designated employees, and their immediate relatives are prohibited from trading during this period to prevent insider trading. The specific date for the board meeting to approve these results will be communicated later.

Steelco Gujarat Ltd announced the successful allotment of 13,30,060 equity shares through its Rights Issue, raising ₹14.89 Crores. The Rights Issue was priced at ₹112 per share. The company's paid-up equity share capital has increased from ₹4,96,60,120 to ₹6,29,60,720 post-allotment. Additionally, the Board of Directors approved the appointment of M/s. Grant Thornton Bharat LLP as the Internal Auditor for the Financial Year 2026-27.