Jayaswal Neco Industries Limited has informed the Exchange about Shareholders meeting "AGM" to be held on Wednesday, 10th September, 2025 through Video Conferencing ( VC ) /Other Audio Visual Means ( OAVM ). Further, Register of Members and Share TransferRegister shall remain closed from Thursday, 4th September, 2025 to Wednesday, 10thSeptember, 2025 (Both days inclusive).
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Jayaswal Neco Industries reported its Q1 FY26 (quarter ended 30 June 2025) unaudited results, posting revenue from operations of ₹1,64,935 lakhs, up about 14.7% from ₹1,43,756 lakhs in the same quarter last year. The company swung from a loss of ₹3,168 lakhs in Q1 FY25 to a profit after tax of ₹9,302 lakhs, with EPS at ₹0.96 versus a negative ₹0.33. The Steel segment drove the performance, with segment revenue rising to ₹1,51,598 lakhs, while finance costs fell to ₹11,938 lakhs from ₹14,350 lakhs. The Board also approved holding the 52nd AGM on 10 September 2025 via video conferencing, with the shareholder register closed from 4–10 September 2025. The auditor flagged an emphasis of matter on the long-running Enforcement Directorate case involving attached properties worth ₹30,758 lakhs, noting the PMLA Appellate Tribunal set aside the provisional attachments in November 2024 though the matter is before the Supreme Court.
Strong operational turnaround with a return to profitability and lower finance costs is a positive signal for shareholders, though the unresolved ED attachment issue remains a key legal overhang worth monitoring. The AGM/book closure notice is routine but confirms the September 10 timeline for any shareholder approvals.