SALSTEELBSES.A.L. Steel LtdMediumNeutral
Announced Fri, 29 May · 19:32 IST

Intimation under Regulation 30 of SEBI (LODR) Regulation, 2015 for appointment of Cost auditor of the company

Management Changes View source PDF

SALSTEEL · price

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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹59.00
prior close
₹56.62
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+2.4+2.4+1.6+2.0+5.8+6.7+2.0+6.6-0.2-2.1-3.3
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AI summary

S.A.L. Steel Ltd has appointed M/s. Ashish Bhavsar & Associates (Firm Registration No. 000387) as Cost Auditor for the financial year 2026-27. The appointment was recommended by the Audit Committee and approved by the Board of Directors on May 29, 2026. The appointment remains subject to approval by shareholders at the ensuing General Meeting, in compliance with Section 148 of the Companies Act, 2013. This is a routine regulatory compliance filing to disclose the appointment as required under SEBI (LODR) Regulations.

Likely market impact

Appointment of a cost auditor is standard compliance and not expected to have any direct impact on the stock price or shareholder value.