23rd AGM proceedings - revenue declines, name change to integrated steel castings proposed
SHKSIL · price
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On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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First AGM since NSE Emerge listing. Revenue fell to Rs 66.64 cr from Rs 80.47 cr; PAT was Rs 6.20 cr on total income of Rs 69.87 cr. Net worth rose 44.91% to Rs 106.64 cr. Three resolutions passed: adopt FY26 financials, re-appoint director, change name to Shri Hare Krishna Integrated Steel Castings and Power Limited. 2 MW biomass captive power plant to begin in Oct 2026.
Revenue dip is tied to planned kiln suspension for captive power plant integration; name change signals expanded business scope.