40th AGM on July 23, 2026 via video conferencing; FY26 annual report submitted

Board & Shareholder Meetings View source PDF

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AI summary

Ashirwad Steels will hold its 40th AGM on July 23, 2026 at 12:30 PM via video conferencing. Book closure runs July 17 to 23. E-voting is open July 20 to 22. Business includes adopting FY26 audited financials and re-appointing Mr. Vishesh Chhibbar as Whole-time Director. FY26 total income was Rs. 416.34 lakhs and net profit Rs. 202.02 lakhs, down from Rs. 429.94 lakhs and Rs. 229.66 lakhs in FY25. No dividend. Investment portfolio fair value rose to Rs. 41.86 crore.

Likely market impact

Routine AGM notice. Profit dipped year-on-year and no dividend declared. Investment book grew to about Rs. 41.86 crore.