Tag
Iron & Steel
8 articles
The Indian iron and steel sector is demonstrating a mix of strategic expansion and regulatory compliance alongside ongoing operational challenges. Several companies are actively engaging with investors, including Scan Steels, Jindal SAW, and Jai Balaji Industries scheduling meetings and adhering to SEBI guidelines regarding disclosure of unpublished price-sensitive information. ASI Industries is diversifying into steel production with the incorporation of a new subsidiary, while Vedanta Iron and Steel is reinforcing its compliance framework with the adoption of an insider trading code and authorization of key managerial personnel. However, Vedanta Iron and Steel reported a net loss of ₹3.66 lakh for FY26, highlighting ongoing headwinds, and Shah Alloys faces material uncertainty regarding its going concern due to plant closure. These developments suggest a sector navigating growth opportunities amidst regulatory scrutiny and operational risks, with investor focus likely to remain on companies demonstrating resilience and strategic execution.
JSW Steel FY26 Business Responsibility Sustainability Report
JSW Steel Limited submitted its standalone Business Responsibility and Sustainability Report for FY 2025-26, forming part of its Integrated Annual Report.
The report discloses key ESG metrics includin
Nova Iron Promoter Group Equity Share Purchases
Nova Iron discloses promoter group share acquisitions under SEBI insider trading rules.
Olympian Finvest purchased 94,000 equity shares, increasing its stake to 4.29 million shares.
The off-market tra
Afloat Promoter Pawan Mittal Sells 480,000 Shares
• Promoter group member Pawan Kumar Mittal sold 480,000 equity shares (3.82% stake) via open market transaction on June 17, 2026.
• The sale reduced his direct holding from 1,412,525 shares (11.25%) t
Vedanta Iron and Steel FY26 Audited Loss of ₹3.66 Lakh
Vedanta Iron and Steel Limited submits audited financial statements for FY26 following its stock exchange listing on June 15, 2026.
Company reported a net loss of ₹3.66 lakh for FY26 and ₹2.85 lakh fo
Shah Alloys FY2026 Results with Auditor Report Correction
Shah Alloys submitted corrected audited financial results for FY2026 after fixing a clerical error in the auditor's report heading.
The company reported a net profit of ₹72.60 crore for FY2026, driven
Kirloskar Ferrous FY26 Audited Results with Merger Impact
Kirloskar Ferrous reported audited standalone net profit of ₹504.74 crore for FY26, up 73% YoY, with revenue at ₹6,888.57 crore.
The results incorporate the merger of Oliver Engineering and Adicca Ene
Kirloskar Ferrous FY26 Net Profit Up 73.4% YoY
Kirloskar Ferrous reported FY26 standalone net profit of ₹504.74 crore, up 73.4% YoY, with revenue of ₹6,888.57 crore.
The company completed merger of Oliver Engineering and Adicca Energy effective Ap
Nova Iron Steel Promoter Aniket Singal Acquires Shares
Promoter Aniket Singal acquired 25,000 equity shares in Nova Iron and Steel Limited via off-market transaction on June 9, 2026.
Shareholding increased from 3,025,000 shares (6.05%) to 3,050,000 shares