Announcement U/R 30 of SEBI LODR- Change in Directorate
KSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 4.4 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kalyani Steels reported FY2026 audited results with standalone revenue of Rs 18,456 million and profit after tax of Rs 2,551 million, compared to Rs 19,819 million and Rs 2,530 million in FY2025. The Board has recommended a dividend of Rs 10 per share (200%) for FY 2025-26, subject to shareholder approval at the AGM. The Board approved appointment of Mr. Shishir Joshipura as Additional Independent Director for a 4-year term (May 2026 to May 2030) and Mr. Bantu Upendra Kumar Patro as Chief Financial Officer effective May 9, 2026. The auditors issued an unmodified opinion on the financial statements.
Positive signals include dividend declaration and appointment of new leadership positions. The stock may see modest support from the dividend payout, though revenue declined year-on-year.