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Shyam Metalics & Energy will hold a meeting of the Board of Directors of the Company on 20 July 2026.

Shyam Metalics & Energy has allotted 17,891 equity shares under ESOP on 25 June 2026.

Shyam Metalics & Energy announced that the Board of Directors of the Company at its meeting held on 11 May 2026, inter alia, have recommended the final dividend of Rs 2.7 per equity Share (i.e. 27%) , subject to the approval of the shareholders.

Net profit of Shyam Metalics & Energy rose 45.87% to Rs 319.09 crore in the quarter ended March 2026 as against Rs 218.75 crore during the previous quarter ended March 2025. Sales rose 26.60% to Rs 5240.36 crore in the quarter ended March 2026 as against Rs 4139.36 crore during the previous quarter ended March 2025.For the full year,net profit rose 17.85% to Rs 1070.24 crore in the year ended March 2026 as against Rs 908.10 crore during the previous year ended March 2025. Sales rose 22.39% to Rs 18552.21 crore in the year ended March 2026 as against Rs 15158.63 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales5240.364139.36 27 18552.2115158.63 22 OPM %13.8712.45 -12.5812.31 - PBDT704.81525.80 34 2344.521952.36 20 PBT456.30297.17 54 1462.371241.19 18 NP319.09218.75 46 1070.24908.10 18 Powered by Capital Market - Live News

The board of Shyam Metalics & Energy at its meeting held on 11 May 2026 has approved new projects/ expansion plan of the company and its subsidiaries involving capital expenditure of Rs 2,700 crore as follows:Details of approved projects:1. Long & Speciality Wire Road and Bar Mill (SBQ Mill) with furnace at Kharagpur Capacity - 8,00,000 TPA Budget - Rs 900 crore Expected commissioning - 31 March 20292. Expansion of Stainless Steel with downstream facilities from 0.50 MTPA TO 0.60 MTPA with SS Cold Rolling Mill, SS Precision Cold Rolling Mill, S Hot Rolling Annealing & Pickling Line and SS Bright Annealing Line at Sambalpur. Capacity - 6,00,000 TPA Budget - Rs 1800 crore Expected commissioning - 01 March 2029