Tag
Metals & Mining
37 articles
The metals and mining sector faces a mixed outlook, with challenges in trade finance alongside positive operational developments and strategic expansions. Radiant World, an iron-ore trader, is grappling with liquidity issues and job cuts following allegations of falsified documents and frozen bank accounts, highlighting increased scrutiny in commodity trading. Conversely, Hindustan Zinc is bolstering its renewable energy consumption, targeting 70% by FY28, while Baroda Extrusion anticipates robust revenue growth and a significant capital expenditure to expand capacity. These developments underscore the sector’s vulnerability to financial instability and the growing importance of sustainable practices for operational resilience and investor confidence.
Radiant World Cuts Jobs Amid Bank Freeze
Radiant World, an iron‑ore trader, laid off at least five employees, mainly in operations, across multiple global offices.
Deutsche Bank AG and KBC Group froze funds in Radiant World’s Singapore accou
Tacent Projects Proposes ₹22 Cr Capital Hike, Preferential Issues
Tacent Projects Limited submitted its Annual Report for FY 2025-26 to BSE as per SEBI Regulation 34, reporting a standalone net profit of ₹1.17 lakh versus a ₹3.70 lakh loss in FY25.
The company propo
Poojawestern Metaliks Shareholders Approve Rights Issue
Poojawestern Metaliks shareholders approved two special resolutions via postal ballot for a rights issue and loan conversion.
Resolution 1 passed with 93.54% votes in favor to convert outstanding unse
Hindustan Zinc Increases Renewable Power to 22%
Hindustan Zinc increased renewable power consumption to 22% of overall usage from 18% in FY26.
Company targets 70% renewable power by FY28 through 530 MW round-the-clock renewable arrangement.
Generat
Baroda Extrusion Q1 PAT Surges 200% YoY
Baroda Extrusion reported Q1 FY27 revenue of ₹47.90 crore, up 25.87% YoY, with PAT surging 200% to ₹2.64 crore.
The company announced plans for a ₹25-30 crore capex to install a heavy hydraulic extrus
MMP Industries 53rd AGM Notice with Rs 2 Dividend
MMP Industries schedules 53rd AGM on 12-Sep-2026 via video conference to approve financial statements and declare final dividend of Rs 2 per share.
AGM includes special resolutions for continuation of
Hindustan Copper August 2026 Corporate Presentation
Hindustan Copper Limited submitted its updated corporate presentation to BSE and NSE pursuant to SEBI Listing Regulations.
HCL is India's sole vertically integrated copper producer with 767.37 million
Ratnamani Metals 42nd AGM Approves Dividend, Reappointments
Ratnamani Metals held its 42nd AGM on August 18, 2026 via video conference with 39 members present.
Shareholders approved dividend of ₹10 per equity share on 7 crore shares for FY26, payable by Septem
Sarthak Metals Revises Q2 FY26 Financial Results
Sarthak Metals files revised unaudited financial results for Q2 FY26 due to inadvertent figure misplacement between cost categories.
Quarterly revenue reached ₹5521.23 lakh with profit before tax of ₹
NALCO 45th AGM Addendum Appoints Neeraj Director
Issues an addendum to the 45th AGM notice for appointing Shri Neeraj as an Independent Director via a special resolution.
The new resolution will be included in remote e-voting from August 28 to 30, 2
Kiri Industries Q1 FY27 PAT at INR 270 Crore
Kiri Industries reported Q1 FY27 standalone PAT of INR 270 crore, driven by INR 284 crore in other income from treasury management.
The company's integrated copper and fertilizer project advanced to c
NALCO Appoints Neeraj as Independent Director
NALCO appoints Shri Neeraj as Part-time Non-official Independent Director effective 14.08.2026 for three-year term.
Neeraj brings over three decades of legal experience as Additional Advocate General,
Venus Pipes Commences 6.1 MW Solar Power Unit
Venus Pipes & Tubes commenced operations of its 6.1 MW DC solar power unit on August 17, 2026.
The disclosure is made under SEBI Listing Regulations Regulation 30 for material events.
The solar power
Lloyds Metals Q1 FY27 Revenue Triples to INR7,354 Crores
Lloyds Metals reported consolidated Q1 FY27 revenue of INR7,354 crores, more than tripling year-on-year, with record EBITDA and PAT.
The company commissioned its second pellet plant in May 2026, achie
Regaal Resources Q1 FY27 Earnings Call Recording
Regaal Resources disclosed availability of its Q1 FY27 earnings call audio recording per SEBI LODR regulations.
The conference call with analysts and investors was held on August 17, 2026, at 11:00 AM
CMR Green Q1 FY27 Revenue Up 65% YoY
CMR Green reported Q1 FY27 results with revenue up 65% YoY to ₹3,122 crore and PAT up 22% to ₹68 crore.
The company is expanding capacity to over 7 lakh tons per annum by FY27 end and ramping up new p
Calcutta HC Dismisses Sri Balaji Metals Suit
Calcutta High Court dismissed Sri Balaji Metals and Minerals Pvt. Ltd.’s suit against Ural India Ltd. for default.
Judge Ananya Bandyopadhyay noted no representatives appeared on 12th, 13th, and 14th
Hindustan Zinc Appoints Dr Yogesh Attray Independent Director
Ministry of Mines appointed Dr Yogesh Attray as non-official part-time Director on HZL's Board for 3 years effective August 14, 2026.
HZL Board approved Dr Attray's appointment as Non-Executive Indepe
Hindustan Copper Appoints Madhumita Daolagupu Independent Director
Hindustan Copper appoints Smt. Madhumita Daolagupu as Additional Part-Time Non-Official Independent Director effective August 14, 2026.
The appointment was approved via board resolution circulation an
Hindustan Copper Appoints Ashish Khetan Independent Director
Hindustan Copper appoints Ashish Kumar Khetan as Additional Independent Director effective 14 August 2026 until next AGM.
Khetan is a practicing Chartered Accountant with 27 years experience in taxati
Nava Q1 FY27 Investor Call Recording Uploaded
Nava Limited uploaded audio recording of Q1 FY27 investor conference call held on August 14, 2026.
The group meeting discussed company's operational and financial performance for quarter ended June 30
Shanti Gold Q1FY27 Earnings Call Audio Available
Shanti Gold International Limited filed a regulatory disclosure to inform about the availability of its Q1FY27 earnings call audio recording.
The analyst/investor conference call was held on August 14
NALCO Appoints Neeraj as Independent Director
National Aluminium Company appoints Shri Neeraj as Part-time Non-official Independent Director effective August 14, 2026.
Appointment made by Ministry of Mines, Government of India through official or
Nava Grants 680,000 RSUs to Employees
Nava Limited's committee approved a grant of 680,000 Restricted Stock Units (RSUs) to eligible employees under its 2023 plan.
Each RSU has an exercise price of ₹465 and carries the right to one equity
Sambhv Steel Tubes Schedules Analyst Site Visit
Sambhv Steel Tubes intimates exchanges of a group site visit for analysts and institutional investors at its Raipur facilities.
The meeting is scheduled for August 20, 2026, with Sequent Investment an
Hilton Metal Forging Q1 Net Profit Up 1184% YoY
Board approved Q1 FY27 standalone results with net profit of ₹180.55 lakhs, up 1184% YoY from ₹14.81 lakhs.
Revenue from operations grew 167% YoY to ₹5,895.62 lakhs compared to ₹2,205.05 lakhs in Q1 F
Nava Q1 FY27 Total Income Hits ₹1,269 Crore
Nava Limited reported its highest-ever quarterly total income of ₹1,269 crore for Q1 FY27, with revenue from operations up 6.0% QoQ.
Standalone PBT before exceptional items surged 92.9% QoQ driven by
Century Extrusions Q1 Net Profit Up 60% YoY
Century Extrusions reported unaudited standalone Q1 FY27 results with revenue of ₹13,836 lakhs and net profit of ₹377 lakhs.
Net profit increased 60% YoY to ₹377 lakhs while revenue grew 33% YoY drive
Goyal Aluminiums Q1 Net Profit Rises to ₹38.47 Lakh
Goyal Aluminiums reported standalone Q1 FY27 net profit of ₹38.47 lakh, up significantly from ₹17.90 lakh in Q1 FY26.
Revenue from operations declined to ₹1,949.95 lakh from ₹2,851.14 lakh in the prev
Unison Metals Q1 FY27 Consolidated Net Profit ₹1.92 Crore
Board approved unaudited standalone and consolidated financial results for Q1 FY27, ending June 30, 2026.
Consolidated net profit stood at ₹191.62 lakhs with EPS of ₹0.06; revenue was ₹13,213.52 lakhs
Bihar Sponge Iron Q1 Profit Rs 2.48 Cr Despite Zero Revenue
• Board approved un-audited Q1 FY27 results showing ₹2.48 crore profit despite zero operational revenue due to plant revamping.
• Re-appointed M.K. Singhal & Co. as Cost Auditors and ratified Sarat Ja
Jai Balaji Q1 FY27 Revenue Up 24% YoY
Jai Balaji Industries reported Q1 FY27 results with revenue up 24% YoY to ₹1,683 Cr and PAT up 21% to ₹85 Cr, driven by operational efficiencies.
The company has spent ₹1,076 Cr of a revised ₹1,112 Cr
RR Metalmakers Open Offer for 26% at ₹23.85/Share
RB International Holdings, Suyog Desai, and Nikita Desai launch a mandatory open offer to acquire 26% of RR Metalmakers India Ltd at ₹23.85 per share.
The offer is triggered by an underlying share pur
Nova Iron Promoter Group Inter-Se Share Transfers
Olympian Finvest and Aromatic Steel acquired 45.73M shares from fellow promoter group entities under SEBI SAST Regulation 10(1)(a)(iv) exemption.
The transactions executed between June-July 2026 at ₹1
Mesco Mining Acquires 12.33% Mideast Integrated Stake
Mesco Mining Limited acquired 170 lakh shares (12.33% stake) in Mideast Integrated Steels from Mesco Steels via inter-se transfer on July 3, 2026.
The transaction was disclosed under SEBI SAST Regulat
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
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