Tag
Metals / Mining
18 articles
India’s metals and mining sector is navigating a complex landscape of regulatory reviews, financial performance variations, and strategic expansions. Hindalco’s AluChem acquisition faces an extended review period from US regulators, while Rajnandini Metal reported a net loss for FY26 alongside a qualified audit opinion due to outstanding tax demands. Conversely, Poojawestern Metaliks posted a profitable FY26 with an unmodified audit opinion, and Nava Limited reported a significant 116% increase in profit, driven by overseas dividends and a buyback. Furthermore, India’s steel capacity is projected to rise substantially by 2030, necessitating significant investment and posing challenges related to emissions reduction, highlighting the sector's evolving focus on sustainability and regulatory compliance.
RK Mining vs Obulapuram: Supreme Court Re-lists
Supreme Court heard Special Leave to Appeal (SLAs) filed by RK Mining Private Ltd against Obulapuram Mining Company Pvt Ltd.
The bench comprised Justices Dipankar Datta and Augustine George Masih and
Sumangala Steels Appeal Settlement Deferred
Supreme Court heard Civil Appeals 164-165/2013 of Sumangala Steels Ltd vs Uttar Pradesh Government on 20 May 2026.
Court noted settlement proposal is under active consideration but government delay ex
Tata Steel SLP Stays Proceedings on CGST
Tata Steel filed SLP (C) No.16859/2026 challenging Jharkhand High Court’s 23‑04‑2026 judgment on CGST matters.
Supreme Court stayed further proceedings pending similarity assessment with SLP (C) No.33
RK Infra Granted Two-Week Adjournment
Supreme Court heard RK Infra & Engineering India’s petition for special leave to appeal against Sandur Mang Iron Ore Ltd.
The Court noted the petitioner's request for adjournment and ordered the matte
Gravita India Expands Jaipur Lead Recycling Capacity 40,500 MTPA
Gravita India Ltd increased capacity at its existing lead recycling unit in Phagi, Jaipur by 40,500 metric tons per annum.
The total lead recycling capacity at this unit now stands at 75,819 metric to
JSW Steel Q4 FY26 Earnings Call Transcript
JSW Steel disclosed transcripts and audio recordings for its Q4 FY26 earnings conference call held on May 14, 2026.
The disclosure was made pursuant to SEBI LODR Regulations, specifically Regulation 3
KISAAN STEELS IBC Claim Rs 3.97 Cr
Supreme Court heard civil appeal 7916/2026 between Rakesh Panchal and Kisan Steels over IBC Section 9 petition.
Respondent claimed Rs 5.91 crore, appellant offered Rs 4.25 crore, and Section 9 petitio
Supreme Court Directs Steel Authority Matter Listing Aug 2026
Supreme Court listed Civil Appeals 4056‑4064/1999 between Mineral Area Development Authority and Steel Authority of India, dated 19‑May‑2026.
Court directed parties to list the matters and related iss
Sterlite Iron & Steel Appeals Odisha Verdict
Sterlite Iron & Steel filed a Special Leave to Appeal petition in Supreme Court against Odisha State’s order dated 09‑02‑2026.
The petition arises from the High Court of Orissa’s WP(C) No.15495/2015 j
Kanishk Steel Board Meeting for FY26 Results
Kanishk Steel Industries board meeting scheduled for 27 May 2026 to approve audited Q4 and FY26 financial results.
Trading window closure extended for insiders until 29 May 2026, 48 hours after result
Supreme Court Lists INSDAG Appeal Aug 3
Supreme Court mentioned petitions by INSDAG against Asim Kumar Samanta arising from Calcutta High Court judgments.
Petitions (Special Leave to Appeal Nos. 38381‑38382/2025) challenge FMAT No. 59/2025
Supreme Court Dismisses Curative Petition vs SAIL
The Supreme Court condoned the filing delay in Geeta Sharma's curative petition against Steel Authority of India Ltd.
The Court rejected the request to list the curative petition in open court, citing
John Cockerill India Q1CY26 Revenue Up 162% YoY
John Cockerill India submitted its Q1CY26 investor presentation to BSE, reporting a 162% YoY standalone revenue growth to ₹2,000 Mn.
The company achieved a sharp turnaround with standalone PAT of ₹70.
Geekay Wires FY26 Net Profit ₹30.11 Crore
Geekay Wires reported audited standalone financial results for Q4 and FY26 ending March 31, 2026, approved by the board.
FY26 net profit stood at ₹3,010.72 lakhs with revenue from operations of ₹44,08
Mongia Steel Files SLP vs Saluja Steel
Supreme Court heard petition for special leave to appeal filed by Mongia Steel Limited against Saluja Steel and Power Private Limited.
Petition arises from impugned final judgment dated 17‑07‑2025 in
Ratnamani Metals Q4 FY26 Results Conference Call
Ratnamani Metals hosted a conference call on May 18, 2026, to discuss its Q4 and full-year FY26 financial results and business outlook.
The audio recording of the call is available on the company's in
Badrinath Industries Buys 20L Electrosteel Castings Shares
Badrinath Industries Limited, a promoter group entity, purchased 20,08,825 equity shares of Electrosteel Castings Limited on 27 March 2026.
The acquisition was made on NSE at an aggregate cost of ₹16,
Electrosteel Thermal Coal Buys 6 Lakh Shares
Electrosteel Thermal Coal Ltd, a promoter group entity, purchased 6,00,000 equity shares of Electrosteel Castings Ltd on 20 March 2026.
The shares were acquired on NSE at an aggregate cost of ₹4,53,85