Steelco Gujarat Ltd

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.

Steelco Gujarat Ltd announced the successful allotment of 13,30,060 fully paid-up equity shares following its rights issue. The rights issue, priced at Rs. 112 per share, aimed to raise up to Rs. 1489.66 Lakhs. The issue opened on May 25, 2026, and closed on June 4, 2026. The allotment, approved by the Board of Directors on June 6, 2026, has increased the company's paid-up equity share capital from Rs. 4,96,60,120 to Rs. 6,29,60,720.

Steelco Gujarat Ltd has announced that its Board of Directors will convene on June 6, 2026. The primary agenda item for this meeting is to consider and approve matters related to the company's rights issue, including the allotment of fully paid-up equity shares. This move indicates a potential capital raising exercise to fund growth or other strategic initiatives.

Steelco Gujarat Ltd. has announced its audited standalone financial results for the fourth quarter and year ended March 31, 2026. The Board of Directors approved the results in their meeting held on May 26, 2026, after the Audit Committee's recommendation. The board also took on record the 'Auditor’s Report’ issued by M/s. M Sahu & Co. Chartered Accountants. The company will publish an extract of the financial results in newspapers and on its website.

Steelco Gujarat Ltd's Board of Directors approved the audited standalone financial results for the fourth quarter and year ended March 31, 2026, along with the auditor's report. The board also reconstituted the Audit Committee, Nomination and Remuneration Committee, and the Stakeholders Relationship Committee. The board meeting commenced at 03:20 p.m. and concluded at 4:35 p.m.

Steelco Gujarat Ltd has scheduled a meeting of its Board of Directors on May 26, 2026, to consider and approve the Audited Financial Results for the fourth quarter and year ended March 31, 2026, as per Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Steelco Gujarat Ltd announced a Rights Issue of 13,30,060 equity shares at ₹112 per share, including a premium of ₹102 per share, aggregating up to ₹1489.66 Lakhs. The rights issue ratio is 5 shares for every 1 share held, with a record date of May 15, 2026. The company has submitted the Letter of Offer to SEBI and made it available on its website.

Steelco Gujarat Ltd. announced the appointment of Mr. Ravikant Pandey as Vice President - Operations, effective May 11, 2026. The decision was made during the Board of Directors meeting held on May 9, 2026. Mr. Pandey brings 40 years of experience in Cold Rolling Mills (CRM) and coated product operations, including a role as Chief Operating Officer (CRM) at Neotech Speciality Structures Pvt. Ltd. His expertise includes leadership roles at Jindal India, Bhushan Power & Steel, and Asian Colour Coated Ispat Ltd (ACCIL).

Steelco Gujarat Ltd's Board of Directors, in a meeting held on May 9, 2026, approved revisions to the terms of its proposed Rights Issue. The company will issue up to 13,30,060 fully paid-up equity shares at ₹112 per share (including a premium of ₹102 per share), aggregating up to ₹1,489.66 Lakhs. The rights entitlement ratio is set at 5:1, with a record date of May 15, 2026. The issue opens on May 25, 2026, with the last date for on-market renunciation being May 29, 2026, and the closing date on June 4, 2026. The board also approved the appointment of Mr. Ravikant Pandey as Vice President- Operations effective May 11, 2026.