Steelco Gujarat Ltd (STEELCO) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Steelco Gujarat Ltd on NSE and BSE, with an AI summary of each filing.
Statement of Deviation or Variation for the quarter ended September 30, 2026 for Rights Issue Proceeds is enclosed.
Others (Uncategorized) · 05 Nov 2026, 2:09 am
Steelco Gujarat Reports Full Deployment of Rights Issue Proceeds Without Deviation Steelco Gujarat Limited reported zero deviation or variation in the utilisation of proceeds from its rights issue allotted on 6th Jun'26, as per its regulatory filing for the quarter ended 30th Sep'26. The company fully deployed the entire raised amount of ₹1,489.66 lakhs in line with stated objectives, allocating ₹1,159.66 lakhs toward long-term working capital requirements, ₹300.00 lakhs for general corporate purposes, and ₹30.00 lakhs for issue expenses, leaving zero unutilised funds. The monitoring agency for the issue was Infomerics Valuation and Rating Limited.
Unaudited Standalone Financial Results for the second quarter and half year ended 30th September, 2026 is enclosed.
Financial Result · 05 Nov 2026, 1:29 am
Steelco Gujarat Reports Q2 FY27 Financial Results Steelco Gujarat reported revenue from operations of ₹8,181.08 lakhs for the quarter ended 30th Sep'26, up sharply from ₹1,902.28 lakhs in the prior-year period. Net loss expanded YoY to ₹1,470.61 lakhs compared to ₹787.17 lakhs in the quarter ended 30th Sep'25, leading to basic and diluted EPS of negative ₹25.28. Total expenses stood at ₹9,775.47 lakhs, driven by raw material consumption of ₹6,017.01 lakhs. Additionally, the company fully utilized the ₹1,489.66 lakhs proceeds raised via its rights issue without any deviations.
The Board of Directors of the Company at their meeting held on Wednesday, November 04, 2026, inter alia, considered & approved Unaudited Standalone Financial Results of the Company for ....
Outcome · 05 Nov 2026, 1:22 am
Steelco Gujarat Ltd - Financial Result for the Quarter ended 30th Sep'26 (Standalone, INR Lakh) ■ Revenue: 8,181 (+330.1% YoY | +56.8% QoQ) ■ EBITDA: -559 (-15.1% YoY | -32.7% QoQ) ■ EBITDA Margin (%): -6.8 (+1869 bps YoY | +124 bps QoQ) ■ PAT: -1,471 (-86.8% YoY | +1.8% QoQ) ■ EPS (INR): -25.3 (-63.4% YoY | +10.5% QoQ)
Steelco Gujarat Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Unaudited Financial Results ....
Intimation · 04 Nov 2026, 5:30 am
Steelco Gujarat Schedules Board Meeting for Q2 FY27 Results Steelco Gujarat Limited has scheduled its Board of Directors meeting for 4th Nov'26 to consider and approve the unaudited financial results for the second quarter and half year ended 30th Sep'26. In compliance with SEBI insider trading regulations, the trading window for dealing in company equity shares has been closed since 1st Oct'26 and will remain shut until 6th Nov'26, reopening the following day.
Intimation under Regulation 30, 51 and other regulations applicable, if any of SEBI LODR Regulations, 2015 in respect of resignation of Senior Managerial Personnel as attached.
Change in Management · 24 Oct 2026, 1:02 am
Steelco Gujarat Announces Resignation of VP Operations Ravikant Pandey Steelco Gujarat Limited has informed exchanges that Mr. Ravikant Pandey has resigned from his position as Vice President – Operations, citing unavoidable personal circumstances. The company has relieved him from his duties effective from the close of business hours on 23rd Oct'26.
Intimation under Regulation 30, 51 and other applicable SEBI LODR regulations in respect of completion of tenure of Mr. Rajesh Kapadia as Independent Director of the Company is enclosed.
Change in Management · 13 Oct 2026, 11:12 pm
Steelco Gujarat Announces Cessation of Independent Director Rajesh Kapadia Steelco Gujarat Limited announced the completion of the first term of Mr. Rajesh Kapadia as an Independent Director, effective at the close of business hours on 13th Oct'26. Consequently, Mr. Kapadia also ceases to serve as a member of the company's Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee from the same date.
Intimation under Regulation 30, 51 of SEBI(LODR) Regulations, 2015 is enclosed.
Others (Uncategorized) · 29 Sept 2026, 2:55 am
Steelco Gujarat Approves Auditor Appointment and Independent Director at AGM Steelco Gujarat Limited shareholders approved key resolutions at the 36th AGM on 25th Sep'26. The company appointed M/s. T R Chadha & Co LLP as statutory auditors for a five-year term spanning the 36th AGM to the 41st AGM, following their interim appointment on 15th Aug'26 to fill a casual vacancy from M/s. M Sahu & Co.'s resignation. Additionally, shareholders approved the appointment of Mr. Sudeep Saxena as Non-Executive Independent Director for a two-year tenure effective 13th Aug'26 to 12th Aug'28.
Declaration of voting Results of 36th Annual General Meeting of the Company and Scrutinizer''s Report.
Annual General Meeting · 29 Sept 2026, 2:44 am
Proceedings of 36th Annual General Meeting of the Company is enclosed.
Annual General Meeting · 25 Sept 2026, 10:56 pm
Intimation of Book Closure and Cut-off Date for the purpose of the 36th Annual General Meeting is enclosed.
Annual General Meeting · 14 Sept 2026, 5:56 pm
Annual Report for the Financial Year 2025-26 is enclosed.
Others (Uncategorized) · 28 Aug 2026, 12:15 am
Notice convening the 36th Annual General Meeting of the Company is enclosed
Annual General Meeting · 28 Aug 2026, 12:10 am
Statement of Material Deviation/Variation for Rights issue for quarter ended 30th June 2026 is enclosed.
Others (Uncategorized) · 14 Aug 2026, 2:04 am
Steelco Gujarat: No Deviation in Utilization of Rights Issue Proceeds Steelco Gujarat confirmed no deviation in utilizing net proceeds from its Rs. 14.89 crore Rights Issue for the quarter ended 30th Jun'26. The company fully utilized the Rs. 11.59 crore earmarked for working capital requirements during Q1FY27. Of the Rs. 3.00 crore allocated for general corporate purposes, Rs. 0.95 crore has been used, leaving an unutilized balance of Rs. 2.05 crore. A monitoring agency report by Infomerics Ratings, verified by statutory auditors, confirmed the funds were used as per the offer document.
Intimation for appointment of Mr. Sudeep Saxena as Additional Director as well as Non-executive Independent Director of the Company, subject to approval of Shareholders.
Change in Management · 14 Aug 2026, 1:52 am
Steelco Gujarat Appoints Sudeep Saxena as Independent Director Steelco Gujarat has appointed Mr. Sudeep Saxena as an Additional and Non-Executive Independent Director, effective 13th Aug'26. The appointment is for a two-year term, subject to shareholder approval. Mr. Saxena brings over 37 years of experience in banking, finance, risk management, and regulatory compliance. He has held senior roles at Axis Bank and State Bank of Patiala and is a certified independent director. The appointment aims to strengthen the company's board with his extensive expertise in corporate banking and business strategy.
Intimation for appointment of M/s. TR Chadha & Co. LLP as Statutory Auditors of the Company is enclosed.
Change in Auditor · 14 Aug 2026, 1:46 am
Steelco Gujarat Appoints New Statutory Auditor Steelco Gujarat has appointed M/s. T R Chadha & Co. LLP as its Statutory Auditor, effective 15th Aug'26. The appointment fills a casual vacancy following the resignation of M/s. M Sahu & Co. Chartered Accountants. T R Chadha & Co.'s tenure will extend until the conclusion of the next Annual General Meeting. Established in 1946, the new audit firm has extensive experience auditing listed companies and is registered with regulatory bodies including SEBI, RBI, and PCAOB. No relationships were disclosed between the auditor and company directors.
Unaudited Standalone Financial Results for the First Quarter ended 30th June, 2026 is enclosed.
Financial Result · 14 Aug 2026, 1:04 am
Steelco Gujarat Q1FY27: Revenue Surges While Losses Continue For Q1FY27, Steelco Gujarat reported a net loss of ₹1,498.07 Lakhs, widening from a ₹464.36 Lakhs loss YoY, despite a massive revenue surge to ₹5,217.86 Lakhs from ₹33.48 Lakhs YoY. Revenue also grew 55% QoQ from ₹3,364.48 Lakhs. The loss was driven by high expenses, particularly cost of materials at ₹5,062.47 Lakhs. The company completed a ₹1,489.66 Lakhs rights issue during the quarter, allotting 13,30,060 shares at ₹112 each. Debt-to-equity ratio stood high at 97.47.
Pursuant to Regulation 30, 33, 51, 52 and other regulations applicable, if any of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Outcome of the Board Meeting is attached.
Outcome · 14 Aug 2026, 12:49 am
Steelco Gujarat Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) ■ Revenue: 5,218 (+15485.0% YoY | +55.1% QoQ) ■ EBITDA: -421 (-131.5% YoY | +45.0% QoQ) ■ EBITDA Margin (%): -8.1 (+53539 bps YoY | +1469 bps QoQ) ■ PAT: -1,498 (-222.6% YoY | +6.7% QoQ) ■ EPS (INR): -28.3 (-202.1% YoY | +12.6% QoQ)
Intimation regarding resignation of M/s. M Sahu & Co., Chartered Accountants as Statutory Auditors of the Company
Change in Auditor · 08 Aug 2026, 12:33 am
Steelco Gujarat Statutory Auditor M Sahu & Co. Resigns M Sahu & Co. has resigned as the Statutory Auditor of Steelco Gujarat Ltd, effective 14th Aug'26. The resignation is solely to comply with Clause 7.13 of a Debenture Trust Deed dated 03rd Dec'25, which requires the appointment of another accounting firm acceptable to the Debenture Trustee. The auditor confirmed the resignation is not due to any concerns regarding management, audit scope, or availability of information. M Sahu & Co. was appointed on 23rd Sep'24 for a five-year term ending at the 39th AGM.
Steelco Gujarat Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Unaudited Financial Results ....
Intimation · 13 Aug 2026, 5:30 am
Steelco Gujarat Board Meeting Scheduled to Approve Q1FY27 Financial Results Steelco Gujarat Limited has scheduled a Board of Directors meeting for 13 Aug'26. The primary agenda is to consider and approve the Unaudited Financial Results for the first quarter ended 30 Jun'26. This announcement is pursuant to Regulation 29 and other applicable regulations of SEBI (LODR).
The Board of Directors at its meeting held today i.e. Saturday 06th June, 2026, has, inter-alia considered and approved the allotment of 13,30,060 fully paid up Equity Shares of face value ....
Others (Uncategorized) · 06 Jun 2026, 6:49 pm
Steelco Gujarat Completes Rights Issue, Allots 13.3 Lakh Shares Steelco Gujarat's Board approved the allotment of 13,30,060 fully paid-up equity shares on 06th Jun'26, completing its rights issue. The shares, with a face value of Rs. 10, were issued at a price of Rs. 112 each, including a premium of Rs. 102, aggregating to Rs. 14.90 crore. Consequently, the paid-up equity share capital increased from Rs. 4.97 crore (49,66,012 shares) to Rs. 6.30 crore (62,96,072 shares). The rights issue was open from 25th May'26 to 04th Jun'26.
Outcome of Board Meeting held on 06th June, 2026 pursuant to Regulation 30 is enclosed.
Outcome · 06 Jun 2026, 6:43 pm
Steelco Gujarat Completes Rights Issue, Increasing Paid-Up Share Capital Steelco Gujarat's Board of Directors, on 06th Jun'26, approved the allotment of 13,30,060 equity shares following its rights issue. The shares, priced at Rs. 112 each, raised Rs. 14.90 crore. Consequently, the company's paid-up equity share capital increased from Rs. 4.97 crore to Rs. 6.30 crore. The Board also appointed Grant Thornton Bharat LLP as the internal auditor for FY 2026-27.
Steelco Gujarat Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/06/2026 ,inter alia, to consider and approve Matters related to rights issue ....
Intimation · 02 Jun 2026, 9:13 pm
Steelco Gujarat Schedules Board Meeting to Approve Rights Issue Allotment Steelco Gujarat Limited has scheduled a Board of Directors meeting for Sat, 6th Jun '26. The primary agenda is to consider and approve the allotment of fully paid-up equity shares pursuant to the company's Rights Issue. Other related and ancillary matters will also be discussed. This meeting is a key procedural step towards completing the capital raise via the rights offering.
Financial Results for the fourth quarter and year ended 31st March, 2026 alongwith Independent Auditors'' Report and Statement of Deviation and Variation is enclosed.
Financial Result · 27 May 2026, 4:47 am
Steelco Gujarat Reports Widened Losses For Q4 & FY26 Steelco Gujarat reported a significantly wider net loss of Rs. 1,605.56 lakhs for Q4 FY26, compared to a loss of Rs. 770.55 lakhs in Q4 FY25. Revenue from operations surged to Rs. 3,364.48 lakhs from Rs. 203.25 lakhs YoY. For the full year FY26, the net loss expanded to Rs. 3,727.19 lakhs from Rs. 2,053.78 lakhs in FY25, while annual revenue grew to Rs. 5,852.92 lakhs. The company plans a Rights Issue of up to Rs. 1,489.66 lakhs subsequent to the reporting period.
Outcome of Board Meeting held on 26th May, 2026 is enclosed.
Outcome · 27 May 2026, 1:02 am
Steelco Gujarat Ltd - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Lakh) ■ Revenue: 3,364 (+1555.3% YoY | +508.8% QoQ) ■ EBITDA: -766 (-108.1% YoY | -84.9% QoQ) ■ EBITDA Margin (%): -22.8 (+15832 bps YoY | +5220 bps QoQ) ■ PAT: -1,606 (-108.4% YoY | -84.5% QoQ) ■ EPS (INR): -32.4 (-109.0% YoY | -85.2% QoQ)
Steelco Gujarat Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2026 ,inter alia, to consider and approve Audited Financial Results for ....
Intimation · 26 May 2026, 5:30 am
Steelco Gujarat Schedules Board Meeting for Q4 and FY26 Results Steelco Gujarat Limited (Scrip Code: 500399) has scheduled a Board of Directors meeting on 26 May'26. The primary agenda is to consider and approve the audited financial results for the fourth quarter and the full financial year ended 31 Mar'26. This meeting is pursuant to Regulation 29 of SEBI (LODR) Regulations, 2015. Investors will be monitoring the release for key performance metrics and full-year financial health.