Submission of Annual Report for the Financial Year 2024-25 Pursuant to Regulations 34(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing ....
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Supershakti Metaliks, a Kolkata-based secondary steel manufacturer listed on BSE-SME, has filed its Annual Report for FY 2024-25 along with the 13th AGM notice. Total revenue grew marginally to ₹744.66 crore from ₹738.94 crore, but EBITDA slipped to ₹24.30 crore from ₹25.40 crore, and Profit After Tax declined to ₹12.43 crore from ₹13.41 crore due to lower realisations in billets and rolled products. The Board has maintained the dividend at ₹0.50 per share (5%) with record date set as 12th September 2025, and the AGM is scheduled for 25th September 2025. The notice seeks shareholder approval for large related party transactions with promoter group company Giridhan Metal Private Limited — up to ₹700 crore for purchase/sale of raw materials, ₹500 crore for investment in shares, and ₹1,000 crore for loans/corporate guarantees, aggregating ~₹2,200 crore. The company also proposes appointing M/s. M&A Associates as Secretarial Auditor for five years (FY26–FY30).
Profitability dipped year-on-year despite flat revenue, and the dividend was held flat, indicating modest near-term pressure on shareholder returns. The massive related party transaction limits with a promoter-group entity (potentially ₹2,200 crore) are significantly large relative to the company's scale and warrant shareholder scrutiny before the AGM vote.