SRU Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2025 ,inter alia, to consider and approve Unaudited Financial Results of ....
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SRU Steels has scheduled a Board meeting on August 12, 2025. Key items on the agenda include approval of Q1 FY26 (ended June 30, 2025) unaudited financial results, adoption of the Board's Report and Corporate Governance Report for FY25, and the Secretarial Audit Report for FY25. The Board will also consider raising the cap on foreign portfolio investor, FII, FDI, and NRI investment to 49% of paid-up capital, subject to FEMA rules. Additionally, M/s. Vishakha Agarwal & Associates has been proposed as the new Secretarial Auditor for a five-year term (FY26–FY30). Other items cover fixing the date, venue, and book closure for the 30th Annual General Meeting, along with appointing the e-voting scrutinizer.
This is a routine board meeting intimation with no immediate financial impact. The proposed hike in foreign investment limit to 49% could broaden the shareholder base and improve stock liquidity if approved. Investors will look to the Q1 FY26 results for actual performance signals.