Board clears Q1 results, Rs 1.80 interim dividend, Rs 4500 cr fundraise plan
SHYAMMETL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board on 20 Jul 2026 approved Q1 FY27 results. Consolidated revenue Rs 5,455 cr (up from Rs 4,423 cr YoY), PAT Rs 311.54 cr. Declared 1st interim dividend of Rs 1.80 per share (18%), record date 24 Jul. Plans to raise up to Rs 4,500 cr via QIP, FPO, or preferential issue, subject to shareholder approval. 24th AGM set for 25 Aug 2026. Note: subsidiary Shyam SEL and Power faced an ED provisional attachment of about Rs 152.48 cr of investments under PMLA linked to alleged illegal coal mining; company refutes the allegations.
Interim dividend signals steady cash generation, but the Rs 4,500 cr equity raise could dilute existing holders. ED action on subsidiary is a watch item despite no expected operational hit.