Nova Iron and Steel Limited has issued notice for its 34th Annual General Meeting (AGM) scheduled to be held on Friday, October 30, 2026, at 1:00 PM through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).

Book Closure Period

The Register of Members will remain closed from October 23, 2026, to October 30, 2026 (both days inclusive) for the purpose of the AGM.

Ordinary Business

1. Adoption of Financial Statements: To receive, consider, and adopt the Financial Statements for the financial year ended March 31, 2026, including Audited Balance Sheet, Statement of Profit & Loss, Cash Flow Statement, together with Reports of the Board of Directors and Auditors.

2. Re-appointment of Director: Re-appointment of Mr. Hardev Chand Verma (DIN: 00007681) as Director liable to retire by rotation.

Special Business

3. Appointment of Independent Director: Approval for appointment of Mrs. Palak Jindal (DIN: 10264720) as an Independent Director for a term of 5 years effective from August 8, 2026. She was appointed as Additional Director on August 8, 2026, under Section 161(1) of the Companies Act, 2013.

4. Ratification of Cost Auditor Remuneration: Approval for payment of remuneration of ₹50,000/- to M/s J. K. Kabra & Company, New Delhi (Firm Registration No. 2890), appointed as Cost Auditors for the financial year ending March 31, 2027. This appointment is subject to Central Government approval if required.

5. Continuation of Directorship: Approval for continuation of Mr. Hardev Chand Verma (DIN: 00007681) as Non-Executive, Non-Independent Director upon attaining the age of 75 years on November 15, 2027, as required by SEBI LODR Regulation 17(1A).

6. Alteration of Memorandum of Association: Approval for insertion of new sub-clause 4 in Clause III(A) to explicitly authorize the company to carry on trading business in ferrous and non-ferrous metals, iron and steel products, including activities as traders, merchants, distributors, importers, exporters, and commission agents.

Voting Arrangements

The company is providing remote e-voting facility through Central Depository Services (India) Limited (CDSL). The voting period begins on October 27, 2026, at 10:00 AM and ends on October 29, 2026, at 5:00 PM. Members can also vote during the AGM through the e-voting system.

Shareholder Information

The notice and annual report are being sent electronically to members with registered email addresses. Physical copies are available upon request. The documents are also available on the company's website (https://www.novaironsteel.com) and BSE website (www.bseindia.com).

Director Details

  • Mrs. Palak Jindal: Date of Birth: 26.11.1991, Qualification: Graduation, Expertise: Accounts & Finance, Current Directorship: Marble Finvest Limited, Shareholding: Nil
  • Mr. Hardev Chand Verma: Date of Birth: 15.11.1952, Qualification: Graduation, Expertise: Steel Sector, Project Implementation, Domestic and International Marketing, Shareholding: Nil

Additional Information

The company's Registrar & Share Transfer Agent is M/s Skyline Financial Services Private Limited. The scrutinizer for voting is M/s K.V. Bindra & Associates, Company Secretaries.