Southern Magnesium & Chemicals Ltd (SOUTHMG) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Southern Magnesium & Chemicals Ltd on NSE and BSE, with an AI summary of each filing.
Intimation of Cessation of Nominee Director
Change in Management · 03 Nov 2026, 9:28 pm
Southern Magnesium & Chemicals Announces Cessation and Replacement of Nominee Director Southern Magnesium and Chemicals Limited announced the cessation of Mr. Rama Krishna Maram (DIN: 10828666) as Nominee Director, effective 3rd Nov'26, following the withdrawal of his nomination by Andhra Pradesh Industrial Development Corporation Limited (APIDC). APIDC has nominated Kum. M.S. Rajani Baby, Assistant General Manager at APIDC, to replace him on the Board. Her formal appointment will be considered at an upcoming Board Meeting once her Director Identification Number (DIN) is obtained, followed by disclosures to stock exchanges.
Southern Magnesium & Chemicals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve the Unaudited ....
Intimation · 06 Nov 2026, 5:30 am
Southern Magnesium & Chemicals Schedules Board Meeting for Q2 FY27 Results Southern Magnesium and Chemicals Limited has scheduled its Board of Directors meeting for 6th Nov'26 to consider and approve the unaudited financial results for the quarter and half-year ended 30th Sep'26. In compliance with SEBI insider trading regulations, the company's trading window closed on 1st Oct'26 and will remain closed until 48 hours following the announcement of the financial results.
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Others (Uncategorized) · 22 Oct 2026, 9:35 pm
Southern Magnesium and Chemicals Receives Zero-Demand GST Order Southern Magnesium and Chemicals Limited received an order on 21st Oct'26 from the Deputy Assistant Commissioner (ST), Special Circle, Rajamahendravaram Division, concluding proceedings initiated via DRC-01A dated 5th Jun'26 and Show Cause Notice dated 27th Jun'26. The proceedings, which concerned alleged short payment of output tax, have been concluded with the issuance of Form GST DRC-07 featuring zero tax demand. Consequently, the company confirmed that the order has no financial impact on its operations or financials.
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Change in Management · 01 Oct 2026, 9:11 pm
Southern Magnesium Shareholders Reject MD Re-designation for N. Rajender Prasad Shareholders of Southern Magnesium and Chemicals Limited, at the 40th AGM held on 30th Sep'26, rejected the proposed re-designation of Mr. Nuthakki Rajender Prasad from Joint Managing Director & CFO to Managing Director & CFO due to insufficient votes. Consequently, Mr. Prasad will continue in his existing role as Joint Managing Director and CFO under previously approved terms from the 39th AGM, valid for the tenure from 10th Aug'25 to 9th Aug'28.
Voting Results for the AGM held on 30.09.2026 along with Scrutinizer''s Report is attached herewith.
Annual General Meeting · 01 Oct 2026, 9:05 pm
Proceedings of the 40th AGM held on 30.09.2026 is attached herewith.
Annual General Meeting · 30 Sept 2026, 10:28 pm
Pursuant to Regulation 30 of SEBI LODR, We hereby inform you that 40th AGM of the members of the Company was held today i.e 30.09.2026 through VC/OAVM at 11:30 AM.
Annual General Meeting · 30 Sept 2026, 10:23 pm
Submission of Advertisement published in newspapers for notice of Annual General Meeting.
Annual General Meeting · 04 Sept 2026, 5:47 pm
In compliance with Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended we are herewith submitting the Annual Report for the financial year ....
Others (Uncategorized) · 03 Sept 2026, 9:17 pm
We hereby inform you that the 40th Annual General Meeting of the Company will be held on Wednesday, 30.09.2026 at 11:30 A.M through VC/OAVM.
Annual General Meeting · 03 Sept 2026, 9:09 pm
Financial Results for the quarter ended 30.06.2026 along with limited review report is attached herewith.
Financial Result · 07 Aug 2026, 6:33 pm
Southern Magnesium Q1FY27 Results Show Widened Net Loss Southern Magnesium and Chemicals reported a net loss of ₹50.01 lakhs for Q1FY27, widening significantly from a loss of ₹9.86 lakhs YoY and a profit of ₹5.87 lakhs QoQ. Revenue from operations for the quarter ended 30 Jun'26 stood at ₹31.54 lakhs, a 45.3% YoY increase but a sharp 64.9% QoQ decline. Total expenses surged to ₹88.53 lakhs, up 94.0% YoY. The loss per share was ₹1.67 compared to a loss of ₹0.33 in the prior year's quarter. The board also announced the 40th AGM for 30 Sep'26.
Outcome of Board Meeting held on 07.08.2026 is attached herewith.
Outcome · 07 Aug 2026, 6:26 pm
Southern Magnesium & Chemicals Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) ■ Revenue: 31.5 (+45.3% YoY | -64.9% QoQ) ■ EBITDA: -47.0 (-224.0% YoY | -7735.0% QoQ) ■ EBITDA Margin (%): -149 (-8218 bps YoY | -14838 bps QoQ) ■ PAT: -50.0 (-407.2% YoY | Profit to Loss QoQ) ■ EPS (INR): -1.67 (-406.1% YoY | Profit to Loss QoQ)
Southern Magnesium & Chemicals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve i. The Unaudited ....
Intimation · 07 Aug 2026, 5:30 am
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Others (Uncategorized) · 13 Jul 2026, 11:27 pm
Southern Magnesium Opens Special Window for Physical Share Dematerialization Southern Magnesium and Chemicals (BSE: 513498) announced a one-year special window from 5 Feb'26 to 4 Feb'27 for transferring and dematerializing physical shares. The facility targets investors who purchased shares before 1 Apr'19 but failed to complete the transfer process due to rejection or non-lodgement. Eligibility requires possession of the original share certificates. Approved transfers will be issued only in demat form and will be subject to a one-year lock-in period from the date of registration.
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Others (Uncategorized) · 19 Jun 2026, 5:41 pm
Southern Magnesium Receives GST Demand Notice for INR 30.32 Lakh Southern Magnesium and Chemicals received a GST demand notice for INR 30.32 lakh on 12-Jun'26, pertaining to the period Apr'25 to Feb'26. The notice, issued by the Deputy Assistant Commissioner (ST), alleges a short payment of output tax. Management stated its belief in having a strong case on merits and does not anticipate any financial impact on the company. The disclosure of this notice was delayed due to an oversight by an accounts officer, for which a warning was issued.
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Others (Uncategorized) · 18 Jun 2026, 8:59 pm
Southern Magnesium Receives GST Demand Notice of INR 30.3 Lakhs Southern Magnesium and Chemicals received a notice on 12 Jun'26 from the Deputy Assistant Commissioner (ST), Rajamahendravaram, raising a GST demand of INR 30,32,204. The demand pertains to an alleged short payment of output tax for the period Apr'25 to Feb'26. The company states it has a strong case on merits and does not expect any financial impact from this notice.
Certificate on Non-Applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015 is attached herewith.
Others (Uncategorized) · 04 May 2026, 9:26 pm
Southern Magnesium Exempted from Related Party Transaction Disclosure Southern Magnesium and Chemicals Limited (BSE: 513498) announced on 04 May '26 that Regulation 23(9) of SEBI (LODR) Regulations, 2015, regarding the disclosure of related party transactions, is not applicable to the company. This exemption is because its paid-up share capital and net worth as of 31 Mar '25 were below the prescribed thresholds of Rs. 10 Crores and Rs. 25 Crores, respectively. Consequently, the company is not required to submit the half-yearly disclosure.
Appointment of Secretarial Auditor and Internal Auditor for the financial year 2026-27
Change in Management · 04 May 2026, 6:59 pm
Southern Magnesium Q4FY26 Results and Key Auditor Appointments Southern Magnesium and Chemicals reported Q4FY26 PAT of ₹5.87 lakhs versus a loss of ₹6.91 lakhs YoY. Revenue from operations was ₹89.86 lakhs, up from ₹81.12 lakhs YoY. For FY26, PAT stood at ₹12.64 lakhs, a sharp decline from ₹319.77 lakhs in FY25, while revenue fell to ₹335.55 lakhs from ₹1,243.49 lakhs. The Board, in its meeting on 04 May'26, also appointed D. Hanumanta Raju & Co. as Secretarial Auditors and K. S. Rao & Co. as Internal Auditors for FY26-27.
Audited Financial Results for the quarter and financial year ended 31.03.2026 is attached herewith
Financial Result · 04 May 2026, 6:56 pm
Southern Magnesium and Chemicals Limited - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Lakhs) ■ Revenue: 89.9 (+10.8% YoY | +54.5% QoQ) ■ EBITDA: -0.6 (+97.0% YoY | +93.6% QoQ) ■ EBITDA Margin (%): -0.7 (+2425 bps YoY | +1537 bps QoQ) ■ PAT: 5.9 (Loss to Profit YoY | Loss to Profit QoQ) ■ EPS (INR): 0.20 (Loss to Profit YoY | Loss to Profit QoQ)
With reference to the above cited subject, Board of Directors at their Meeting held on 04th May, 2026, inter-alia, have considered and approved the following: 1. The Audited Financial ....
Outcome · 04 May 2026, 6:49 pm
SOUTHERN MAGNESIUM AND CHEMICALS LIMITED - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Lakhs) ■ Revenue: 89.9 (+10.8% YoY | +54.5% QoQ) ■ EBITDA: -0.6 (+97.0% YoY | +93.6% QoQ) ■ EBITDA Margin (%): -0.7 (+2425 bps YoY | +1537 bps QoQ) ■ PAT: 5.9 (Loss to Profit YoY | Loss to Profit QoQ) ■ EPS (INR): 0.20 (Loss to Profit YoY | Loss to Profit QoQ)
Southern Magnesium & Chemicals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/05/2026 ,inter alia, to consider and approve the audited ....
Intimation · 04 May 2026, 5:30 am
Southern Magnesium (BSE: 513498) Board Meeting on 04 May'26 for Q4FY26 Results Southern Magnesium and Chemicals has scheduled a Board of Directors meeting on 04 May'26. The primary agenda is to consider and approve the audited financial results for the quarter and year ended 31 Mar'26. In accordance with SEBI regulations, the trading window for insiders has been closed since 01 Apr'26 and will reopen 48 hours after the results are announced.
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Others (Uncategorized) · 22 Apr 2026, 10:19 pm
Southern Magnesium Opens Special Window for Physical Share Dematerialization Southern Magnesium and Chemicals has announced a one-year special window from 5th Feb'26 to 4th Feb'27 for transferring and dematerializing physical shares. This applies to investors who bought shares before 1st Apr'19 but faced issues with lodging for transfer, provided they hold the original certificates. Eligible shares will be issued only in demat form and will be subject to a one-year lock-in from the registration date. Requests involving disputes or shares transferred to the IEPF are not eligible under this window.
Clarification on movement in price is attached herewith.
Others (Uncategorized) · 21 Apr 2026, 5:42 pm
SMCL Attributes Share Price Movement to Market Factors Southern Magnesium and Chemicals, in a clarification to the BSE dated 21 Apr'26, stated it has not withheld any price-sensitive information. The company confirmed compliance with all SEBI disclosure regulations and affirmed there are no impending announcements that could affect its operations, performance, or share price. Management assumes the recent share price movement is purely due to market factors and not specific to any undisclosed company developments. This response was prompted by a BSE query dated 20 Apr'26 regarding the stock's price behavior.
The Exchange has sought clarification from Southern Magnesium & Chemicals Ltd on April 20, 2026 with reference to significant movement in price, in order to ensure that investors have latest ....
Others (Uncategorized) · 21 Apr 2026, 1:38 am
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Others (Uncategorized) · 18 Apr 2026, 11:24 pm
Southern Magnesium Not Classified as Large Corporate by SEBI Southern Magnesium and Chemicals Ltd (BSE: 513498) declared on 18 Apr'26 that it does not meet SEBI's criteria to be classified as a "Large Corporate." This exempts the company from mandatory fundraising requirements under the framework. As of 31 Mar'26, the company's outstanding borrowing was Rs. 4.67 crore, below the threshold for classification. The company does not hold a credit rating.