STEEL STRIPS INFRA L

Operated SAB Mall in NOIDA as a commercial real estate property that contributed 97.93% of FY26 revenue, equal to Rs 136.03 lakhs. Standalone FY26 revenue stood at Rs 136.03 lakhs (down from Rs 143.07 lakhs in FY25), against employee costs of 29.3% of revenue and other operating expenses of 124.2% of revenue. The standalone business posted a net loss of Rs 86.43 lakhs in FY26, and net worth was negative at Rs 1.78 crore as of March 31, 2026. In June 2026, an addendum was executed to sell SAB Mall, with total balance consideration of Rs 2.25 crore received (Rs 1.25 crore from SMC Enterprises for sale consideration and Rs 1 crore from sister concern Shubham Properties for management rights), pending NOIDA Authority dues clearance for sub-lease deed completion. Consolidated FY26 results also reflected losses driven by the share of associate Malwa Chemtex Udyog, producing a consolidated net loss of Rs 1,684.63 lakhs.