Tag

Metals & Mining

40 articles
The metals and mining sector is experiencing a surge in production and strategic expansion, driven by strong demand and operational improvements. Vedanta's iron and steel, aluminium, and zinc businesses reported record-high production figures for Q1 FY27, fueled by increased output of iron ore, pig iron, aluminium, and mined metal. Lloyds Metals further bolstered its position through a strategic acquisition of a stake in Hexa Energy, while JSW Steel appointed a new independent director and published a comprehensive Business Responsibility and Sustainability Report highlighting its ESG commitments. These developments suggest a positive outlook for the sector, although investors should monitor commodity price volatility and evolving regulatory landscapes.
Indus Aluminium EGM Approves Two Special Resolutions
Indus Aluminium Recyclers held an EGM on July 2, 2026, passing two special resolutions via remote e-voting and e-voting at meeting. Resolution 1 approved increasing limits for investments, loans, guar
Lloyds Metals Acquires 12.27% Hexa Energy Stake
Lloyds Metals subscribed to 22,340 equity shares (12.27%) of Hexa Energy MH3 for ₹3.15 crore on July 4, 2026. Post-acquisition, Lloyds' total holding in Hexa MH3 increases to 44,681 shares representin
Vedanta Iron & Steel Q1 Production Hits Record High
Vedanta Iron and Steel Limited reports Q1 FY27 production figures with 4% YoY growth in iron ore to 2.6 Mn DMT. Goa pig iron plant achieved record quarterly production of 238 kt, up 12% YoY, contribut
Vedanta Aluminium Q1 Production Hits Record High
Vedanta Aluminium reports highest-ever quarterly aluminium production of 632,000 tonnes, up 5% YoY and 3% QoQ. Value-added production reaches record 389,000 tonnes, up 14% YoY, driven by product mix e
Vedanta Q1 Production Hits Zinc, FACOR Records
Vedanta Limited reported Q1 FY27 production results with Zinc India achieving record 268kt mined metal and FACOR delivering highest-ever 153kt ore output. Gamsberg phase 1 production increased 10% QoQ
Shyam Metalics Board Meeting July 20, 2026
• Board meeting scheduled for July 20, 2026 to approve Q1 FY27 unaudited financial results. • To consider recommending first interim dividend for financial year 2026-27. • To discuss proposal for rais
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
Vedika Metals Cross‑Appeal Accepted, Delay Condoned
Calcutta High Court condoned a 163‑day delay and admitted the cross‑appeal in the customs dispute involving Vedika Metals. The court listed nine substantial legal questions covering origin, mis‑declar
Tata Steel 119th AGM Approves ₹4 Dividend, Related Party Deals
Tata Steel held its 119th AGM on July 2, 2026, approving all eight resolutions including a ₹4 per share dividend for FY2025-26. Shareholders approved three material related party transactions totaling
Aeroflex Issues AGM Notice Corrigendum on Auditor Remuneration
Aeroflex Industries issued a corrigendum to its 32nd AGM notice dated June 27, 2026, adding auditor remuneration details. The corrigendum specifies statutory auditor remuneration of ₹3 lakh for FY 202
Indus Aluminium Recyclers EGM Approves Investment Limits
Indus Aluminium Recyclers held its EGM on July 2, 2026, to seek shareholder approval for two special resolutions. Shareholders voted on increasing limits for investments, loans, and guarantees to othe
CMR Green Technologies FY26 Revenue Up 30% to ₹8,640 Crore
CMR Green Technologies submitted a revised investor presentation to correct an inadvertent clerical error where 'EBITDA' was mentioned as 'EBITA' on Slide 9. FY26 revenue grew 30% YoY to ₹8,640.19 cro
Adani-IHC JV for $11.5B Odisha Aluminium Project
Adani Enterprises and IHC's IRH form 50:50 JV for $11.5B integrated aluminium project in Odisha. Project includes 4 MMTPA refinery, 2 MMTPA smelter, 1 MMTPA park, and 4,000 MW power plant. Investment
Hindustan Zinc Q1 Mined Metal Hits Record 268kt
Hindustan Zinc Limited filed a Q1 FY27 production release under SEBI Regulation 30, reporting operational metrics. Mined metal production reached a record 268kt, up 1% YoY, marking the fifth consecuti
Siyaram Recycling Secures ₹9.77 Crore Brass Scrap Order
Siyaram Recycling Industries Ltd secured a domestic order worth ₹97.70 lakh from Metal Scrap India for Brass Scrap. The fixed-cost order is to be executed within a 7-day time period from the date of t
CMR Green Technologies FY26 Revenue Up 30% YoY
CMR Green Technologies reported strong FY26 results with revenue increasing 30% YoY to ₹8,640.19 crore, driven by a 25% volume growth and improved realizations. Profit after tax for FY26 grew 47.3% Yo
JSW Steel Appoints Dev Bajpai Independent Director
JSW Steel appoints Dev Bajpai as Non-Executive Independent Director effective July 2, 2026. Appointment is for a five-year term subject to shareholder approval until July 1, 2031. Bajpai brings three
Vedanta Aluminium Appoints S R B C as New Auditors
Vedanta Aluminium Metal Limited appoints S R B C & Co. LLP as statutory auditors effective immediately to fill a casual vacancy created by previous auditor resignation. The appointment was approved by
Hindustan Copper Updates KMP Contact Details
Hindustan Copper Ltd submits updated contact details for its Key Managerial Personnel to BSE and NSE as per SEBI LODR Regulation 30(5). The disclosure lists four KMPs including Chairman & MD Anupam Mi
MOIL Decreases Manganese Ore Prices 5-10%
MOIL Limited decreased prices for most manganese ore grades by 5% effective July 1, 2026. Specific ore code BG4584 saw a larger 10% price reduction for July 2026. Prices for EMD and EMD flakes remaine
Vedanta Iron and Steel Denies Undisclosed Price Movement Cause
Vedanta Iron and Steel Limited responds to a stock exchange query regarding significant share price movement on June 30, 2026. The company confirms it has made all mandatory disclosures under SEBI LOD
CMR Green Technologies Approves FY26 Results, Subsidiary Expansions
Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, showing revenue growth and profitability. Noted expansion plans for two material subsidiaries w
JSW Steel Board Meeting for Q1 FY2027 Results
JSW Steel board to meet on July 17, 2026, to consider un-audited standalone and consolidated Q1 FY2027 financial results. Trading window for insiders will be closed from July 1, 2026, to July 19, 2026
Mangalam Worldwide Q4 Net Profit Rises 81% YoY
Mangalam Worldwide reported Q4 FY26 standalone net profit of ₹15.38 crore, up 81% YoY, with revenue of ₹264.95 crore. Board recommended final dividend of ₹0.30 per share (3% of face value) and approve
Rajnandini Metal FY25 Results with GST Demand Qualification
Rajnandini Metal responded to NSE queries on its audited FY25 results, clarifying submission of financials and single business segment. Auditors issued a qualified opinion due to unresolved GST and in
KIOCL FY26 Net Profit Rises 166% to ₹16.57 Crore
KIOCL reported a 166% YoY increase in standalone net profit to ₹16.57 crore for FY26, with revenue up 15.5% to ₹613.46 crore. The Board approved audited financial results for March 2026, noting govern
Hilton Metal Forging FY2026 Net Profit Declines 44%
Hilton Metal Forging approved audited standalone financial results for Q4 and FY ended March 31, 2026, reporting a 44.2% YoY decline in annual net profit to ₹3.45 crore. The company completed a rights
Ilex Private Limited Open Market Purchase 6.45 Lakh MSP Steel Shares
MSP Steel & Power discloses promoter group entity Ilex Private Limited purchased 645,000 equity shares on 15th June 2026. The open market acquisition was valued at ₹2.72 crore, increasing Ilex's holdi
Vedanta Aluminium FY26 Net Loss at ₹3.66 Lakhs
• Vedanta Aluminium Metal Limited filed its first audited financial statements for FY26, reporting a net loss of ₹3.66 lakhs. • The company's total liabilities stood at ₹9.31 lakhs, primarily from bor
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
Nova Iron Steel Promoters Seek Public Reclassification
Nova Iron and Steel received reclassification requests from three promoters holding zero shares to move from promoter to public category under SEBI Regulation 31A. Promoters Aniket Singal, Priyanka Mi
Lloyds Enterprises FY26 Record ₹417 Crore PAT, Rights Issue, Demerger
Lloyds Enterprises reported record consolidated PAT of ₹417 crore for FY26, with standalone PAT surging 1,531% to ₹268 crore and EPS reaching ₹3.08. The company completed a ₹992 crore rights issue and
VMS TMT Q4 FY26 Net Profit INR2.29 Crores
• VMS TMT Limited reported Q4 FY26 revenue of INR241 crores and net profit of INR2.29 crores in its earnings conference call transcript. • Management highlighted INR1,500 per ton margin improvement fr
MIDHANI FY26 Net Profit Rises 19% to ₹130.79 Crore
MIDHANI approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, reporting highest ever annual turnover of ₹1,208.63 crore. Board recommended a final dividend
Ratnamani Recommends ₹10/Share Dividend for FY26
Ratnamani Metals & Tubes Board recommended a 500% dividend of ₹10 per share for FY26, subject to shareholder approval at the August 18, 2026 AGM. The company communicated TDS procedures for dividend p
Ashapura Minechem Q4 Revenue Surges 105% YoY
Ashapura Minechem reported record FY26 results with revenue up 91% to INR5,237 crore and PBT up 48% to INR450 crore. The company held an earnings call to discuss Q4 & FY26 performance, future expansio
MIDHANI Q4 FY26 Record Revenue and Profit Growth
MIDHANI achieved its highest-ever quarterly turnover of ₹552.7 crore, up 34.63% YoY, and annual turnover of ₹1,208.63 crore, up 12.52%. The company reported Q4 PAT of ₹77.75 crore, up 38.49% YoY, and
Suraj Limited FY26 Revenue Falls 11% to ₹205.85 Crores
Suraj Limited reported consolidated revenue of ₹205.85 crores and net profit of ₹7.47 crores for FY26, representing declines of 10.94% and 43.85% respectively. Key financial ratios deteriorated signif
Suraj Limited FY26 Net Profit Declines 44% at AGM
Suraj Limited reported a 44% YoY decline in net profit to ₹7.47 crore with revenue decreasing 11% to ₹205.85 crore for FY26. The company convened its 33rd AGM to approve audited financial statements a
MOIL Decreases Manganese Ore Prices 5-6% for June 2026
MOIL Limited announces price revisions for manganese ore products effective June 1, 2026, under SEBI Listing Regulations. Ferro grades with Mn-44% and above decreased by 6%, while other grades and fin