Tulsyan NEC Ltd (TULSYAN) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Tulsyan NEC Ltd on NSE and BSE, with an AI summary of each filing.
Tulsyan NEC Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2026 ,inter alia, to consider and approve unaudited standalone and consolidated ....
Intimation · 11 Nov 2026, 5:30 am
Tulsyan NEC Board to Consider Q2 FY27 Financial Results on 11th Nov'26 Tulsyan NEC Ltd has scheduled a Board of Directors meeting on 11th Nov'26 to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended 30th Sep'26, alongside the Limited Review Reports. In compliance with insider trading regulations, the trading window for dealing in company securities remains closed from 1st Oct'26 through 13th Nov'26, and will reopen on 14th Nov'26.
E-voting Results and Scrutinizer''s Report of 79th AGM of the Company
Annual General Meeting · 21 Sept 2026, 4:59 pm
Video recording link of 79th AGM of the company
Annual General Meeting · 20 Sept 2026, 2:30 pm
Change in Statutory Auditors of the Company
Change in Auditor · 19 Sept 2026, 6:28 pm
Tulsyan NEC Appoints SRBR and Associates as Statutory Auditors Tulsyan NEC Ltd announced changes to its statutory auditors at its 79th AGM on 19th Sep'26. Retiring auditors CNGSN & Associates LLP concluded their second and final term. Consequently, shareholders approved the appointment of SRBR and Associates LLP as Statutory Auditors for a five-year term, effective from the conclusion of the 79th AGM until the 84th AGM in CY31. Established in 1983, Chennai-based SRBR and Associates LLP brings over four decades of experience auditing corporate clients, BFSI entities, and PSUs.
Outcome and Proceedings of 79th AGM
Annual General Meeting · 19 Sept 2026, 6:23 pm
Annual Report 2025-26 of Tulsyan NEC Limited
Others (Uncategorized) · 29 Aug 2026, 12:58 am
Intimation of 79th AGM Notice and Annual Report 2025-26
Annual General Meeting · 29 Aug 2026, 12:54 am
Financial Results for the quarter ended June 30, 2026
Financial Result · 10 Aug 2026, 8:20 pm
Tulsyan NEC Widens Loss on Lower Revenue and Power Plant Shutdown Tulsyan NEC reported a widened standalone net loss of Rs. 3,084.96 lakhs for the quarter ended 30th Jun'26, compared to a loss of Rs. 1,100.35 lakhs YoY. Total income fell 40.1% YoY to Rs. 13,950.28 lakhs, primarily driven by a steep decline in Power segment revenue due to a plant shutdown. Finance costs increased 19.4% YoY. The company revised terms for its Non-Convertible Debentures, instituting a coupon payment moratorium from 01st Apr'26 to 31st Aug'26, with the final redemption date extended to 30th Sep'27.
Outcome of Board Meeting held on August 10, 2026
Outcome · 10 Aug 2026, 8:12 pm
Tulsyan NEC Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) ■ Revenue: 14,670 (-43.0% YoY) ■ EBITDA: -629 (Profit to Loss YoY) ■ EBITDA Margin (%): -4.3 (Profit to Loss YoY) ■ PAT: -2,141 (-108.9% YoY) ■ EPS (INR): -13.0 (-108.8% YoY) Tulsyan NEC Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) Segmental Performance Steel Division ■ Revenue: 13,302 (-25.6% YoY) ■ EBIT: 679 (+6918.1% YoY) ■ EBIT Margin (%): 5.1 (+505 bps YoY) Synthetic Divison ■ Revenue: 1,152 (+174.5% YoY) ■ EBIT: 23.2 (Loss to Profit YoY) ■ EBIT Margin (%): 2.0 (Loss to Profit YoY) Power ■ Revenue: 215 (-97.1% YoY) ■ EBIT: -811 (Profit to Loss YoY) ■ EBIT Margin (%): -377 (Profit to Loss YoY)
Tulsyan NEC Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve un-audited standalone and consolidated ....
Intimation · 10 Aug 2026, 5:30 am
Tulsyan NEC Board Meeting on Aug 10, 2026, to Approve Q1FY27 Financial Results Tulsyan NEC's Board of Directors will meet on Mon, 10th Aug '26, to consider and approve the un-audited standalone and consolidated financial results for the quarter ended Jun 30, 2026. In relation to this, the trading window for dealing in the company's securities is closed from Wed, 01st Jul '26, to Wed, 12th Aug '26. The window will reopen on Thu, 13th Aug '26. The meeting will be conducted via video conferencing to also discuss other agenda items.
Intimation regarding disinvestment / transfer of shares held in subsidiary company.
Others (Uncategorized) · 16 Jul 2026, 11:09 pm
Tulsyan NEC Disinvests Entire 99.80% Stake in Subsidiary Sapient Packing Tulsyan NEC divested its entire 99.80% stake in subsidiary Sapient Packing Private Limited (SPPL) for a consideration of Rs. 99,800 on 16th Jul'26. The transaction involved the sale of 9,980 equity shares to Mrs. Alka Tulsyan, a promoter group member. As of 31st Mar'26, SPPL had NIL revenue and a net worth of Rs. 1,00,000. Following the sale, SPPL ceases to be a subsidiary of Tulsyan NEC. The transaction, confirmed to be at arm's length, constitutes a related-party transaction.
Revised outcome of Board Meeting and financial results due to correction in consolidated cash flow statement
Outcome · 31 May 2026, 4:31 am
Tulsyan NEC Issues Revised FY26 Results & Qualified Audit Opinion Tulsyan NEC submitted revised financial results for the quarter and year ended 31 Mar'26, correcting the "Profit before income tax" figure and including "Adjustments for other Comprehensive Income" in its consolidated cash flow statement. For FY26, the company reported a consolidated net loss of ₹6,433.23 lakhs on revenue of ₹83,975.05 lakhs. Auditors issued a qualified opinion, citing inability to verify the recoverability of trade receivables outstanding at ₹9,720.46 lakhs due to a lack of substantial balance confirmations from customers.
Audited standalone and consolidated financial results of the Company for the quarter and year ended March 31, 2026
Financial Result · 31 May 2026, 12:19 am
Tulsyan NEC FY26 Results Hit by Qualified Audit Opinion & Director Resignation Tulsyan NEC reported FY26 standalone revenue of ₹76,010 Lacs and a net loss of ₹6,444 Lacs. Auditors issued a repetitive qualified opinion due to the non-confirmation of trade receivables, which stood at ₹9,271 Lacs. The board also noted the resignation of Whole-Time Director S Chandrasekaran, effective 08 May'26. A moratorium on Non-Convertible Debenture coupon payments is in effect from 01 Apr'26 to 31 Aug'26, with the final redemption date revised to 30 Sep'27.
Outcome of Board Meeting held on May 30, 2026
Outcome · 31 May 2026, 12:04 am
Tulsyan NEC Ltd - Financial Result for the Quarter ended 31st Mar'26 (Consolidated, INR Lakhs) ■ Revenue: 16,497 (-22.9% YoY | +5.7% QoQ) ■ EBITDA: -429 (Profit to Loss YoY | +61.0% QoQ) ■ EBITDA Margin (%): -2.6 (Profit to Loss YoY | +445 bps QoQ) ■ PAT: -1,936 (+53.7% YoY | +32.4% QoQ) ■ EPS (INR): -11.8 (+53.7% YoY | +32.4% QoQ) Tulsyan NEC Ltd - Financial Result for the Quarter ended 31st Mar'26 (Consolidated, INR Lakhs) Segmental Performance Steel Division ■ Revenue: 14,593 (-19.2% YoY | +0.2% QoQ) ■ EBIT: 243 (+26.0% YoY | Loss to Profit QoQ) ■ EBIT Margin (%): 1.7 (+60 bps YoY | Loss to Profit QoQ) Synthetic Divison ■ Revenue: 902 (+22.9% YoY | -3.3% QoQ) ■ EBIT: 606 (Loss to Profit YoY | +1842.1% QoQ) ■ EBIT Margin (%): 67.2 (Loss to Profit YoY | +6385 bps QoQ) Power ■ Revenue: 1,001 (-61.6% YoY | +789.5% QoQ) ■ EBIT: -666 (-58.8% YoY | -78.5% QoQ) ■ EBIT Margin (%): -66.5 (-5041 bps YoY | +26474 bps QoQ)
Tulsyan NEC Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve audited standalone and consolidated ....
Intimation · 30 May 2026, 5:30 am
Tulsyan NEC Board to Approve FY26 Results on May 30, 2026 Tulsyan NEC Ltd. scheduled a board meeting on 30 May'26 to consider and approve its audited standalone and consolidated financial results for the quarter and year ended 31 Mar'26. Consequently, the trading window for dealing in the company's securities is closed from 01 Apr'26 to 01 Jun'26, inclusive. The trading window will reopen on 02 Jun'26.
Intimation on Resignation of Whole Time Director
Change in Management · 08 May 2026, 10:59 pm
Tulsyan NEC's Whole Time Director S Chandrasekaran Resigns Tulsyan NEC Ltd announced the resignation of Mr. S Chandrasekaran (DIN: 10207445) as Whole Time Director, effective 08 May '26. The resignation is attributed to personal and unavoidable circumstances. Mr. Chandrasekaran confirmed there are no other material reasons for his departure.
Outcome of the Board Meeting held on May 02, 2026 pertaining to execution of the Registered Mortgage
Others (Uncategorized) · 02 May 2026, 11:47 pm
Tulsyan NEC Secures Rs. 50 Crore Credit Facility via Land Mortgage Tulsyan NEC has secured a Rs. 50 crore credit facility from a supplier/service provider to fund raw materials, logistics, and advance payments. The facility supports enhanced billet production following the 110 KVA line completion and coal supply logistics under its PPA with Manikaran Power. This credit is secured by mortgaging 31.86 acres of unused land at its power plant, plus a personal guarantee from the Managing Director. The board approved the execution of this registered mortgage on 02 May'26.
Addendum to Execution of Power Purchase Agreement
Others (Uncategorized) · 21 Mar 2026, 11:37 pm
Tulsyan NEC Issues Addendum to Power Purchase Agreement Tulsyan NEC Ltd. issued an addendum on 21 Mar '26 to its Power Purchase Agreement (PPA) with Manikaran Power Limited. The notice clarifies that the award is based on Tulsyan NEC's technical capacity as a generator with appropriate connectivity to the state grid. Under the terms, the sources of power supply cannot be altered during the PPA's tenure without prior consent from Tulsyan NEC. This follows the initial PPA execution announcement made on 20 Mar '26.
Execution of Power Purchase Agreement (PPA)
Others (Uncategorized) · 20 Mar 2026, 11:21 pm
Tulsyan NEC Secures 5-Year Power Purchase Agreement with Manikaran Power Tulsyan NEC executed a back-to-back Power Purchase Agreement with Manikaran Power on 20 Mar'26 to supply 60 MW of power to TNPDCL. The contract runs for five years, from 01 Apr'26 to 31 Mar'31, at a fixed price of Rs. 5.91 per unit. This PPA secures full capacity utilization for its power plant, ensuring operational continuity. The agreement also makes Tulsyan eligible for coal linkages under the SHAKTI policy, which is expected to ensure coal availability and support consistent EBITDA generation from its power division.
Financial Results ( standalone and consolidated) for the quarter and nine months ended December 31, 2025
Financial Result · 13 Feb 2026, 11:13 pm
Tulsyan NEC Reports Widened Losses for Q3 and 9M FY26 Tulsyan NEC reported a consolidated net loss of Rs. 28.63 crore for Q3 FY26, widening from a loss of Rs. 26.96 crore YoY. Revenue from operations declined 13.4% YoY to Rs. 156.10 crore. For the nine months ending 31 Dec'25, the net loss expanded to Rs. 44.97 crore from Rs. 30.72 crore in the previous year, while revenue fell 1.8% YoY to Rs. 642.59 crore. The Board approved these unaudited results on 13 Feb'26. The company noted that interest due for the quarter has not been serviced.
Outcome of Board Meeting held on February 13, 2026
Outcome · 13 Feb 2026, 11:08 pm
Tulsyan NEC Limited - Financial Result for the Quarter ended 31st Dec'25 (Consolidated, INR Lakhs) ■ Revenue: 15610 (-13.4% YoY | -31.9% QoQ) ■ EBITDA: -1101 (+10.1% YoY | Profit to Loss QoQ) ■ EBITDA Margin (%): -7.1 (-26 bps YoY | Profit to Loss QoQ) ■ PAT: -2863 (-6.2% YoY | -369.7% QoQ) ■ EPS (INR): -17.4 (-6.8% YoY | -370.0% QoQ) Tulsyan NEC Limited - Financial Result for the Quarter ended 31st Dec'25 (Consolidated, INR Lakhs) Segmental Performance Steel Division ■ Revenue: 14565 (-14.3% YoY | -20.7% QoQ) ■ EBIT: -780 (+23.1% YoY | Profit to Loss QoQ) ■ EBIT Margin (%): -5.4 (+62 bps YoY | Profit to Loss QoQ) Synthetic Divison ■ Revenue: 933 (+1.6% YoY | +43.6% QoQ) ■ EBIT: 31.2 (Loss to Profit YoY | -97.8% QoQ) ■ EBIT Margin (%): 3.3 (Loss to Profit YoY | -21184 bps QoQ) Power ■ Revenue: 113 (+0.0% YoY | -97.1% QoQ) ■ EBIT: -373 (+38.1% YoY | +45.9% QoQ) ■ EBIT Margin (%): -331 (+20377 bps YoY | -31359 bps QoQ)
Tulsyan NEC Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 ,inter alia, to consider and approve unaudited standalone and consolidated ....
Intimation · 13 Feb 2026, 5:30 am
Tulsyan NEC Board Meeting Set for Feb 13, 2026, to Approve Q3FY26 Results Tulsyan NEC Ltd has scheduled a Board of Directors meeting on 13 Feb'26 to consider and approve its un-audited standalone and consolidated financial results for the quarter and nine months ended 31 Dec'25. In connection with this, the trading window for dealing in the company's securities is closed from 01 Jan'26 to 15 Feb'26. The trading window will reopen on 16 Feb'26.
Intimation for sale of land
Others (Uncategorized) · 18 Dec 2025, 9:40 pm
Tulsyan NEC Completes Land Sale for ₹2.33 Crore in Chennai Tulsyan NEC Limited completed the sale of land in Chennai for ₹2.33 crore on 18 Dec'25, receiving the entire consideration. The 6,867 sq. ft. property is located at the Iron and Steel Market Complex, Thiruvottriyur. The buyer, M/s. Sekar Steel Syndicate, is an unrelated third party. Since the transaction involves the sale of a fixed asset, its contribution to turnover and net worth is not applicable. The deal was executed at arm's length and does not fall under related party transactions.
Financial Results for the quarter and half year ended 30-09-2025
Financial Result · 12 Nov 2025, 8:47 pm
Outcome of Board Meeting held on 12-11-2025
Outcome · 12 Nov 2025, 8:42 pm