Beekay steel indus Limited has officially communicated to BSE Limited that it does not qualify as a Larger Entity (LC) under SEBI regulations for the financial year 2025-26. The disclosure was made on April 3, 2026, in accordance with mandatory regulatory compliance requirements.

Regulatory Compliance Disclosure

The company's disclosure was made in reference to SEBI circular number SEBI/HO/DDHS/CIR/P/2018/14 dated November 26, 2018. This circular establishes specific requirements and definitions for entities classified as Larger Entities under securities market regulations.

Company Leadership and Operations

The disclosure was formally signed by Rabindra Kumar Sahoo, who serves as the Company Secretary and Compliance Officer for Beekay Steel Industries Limited. The communication was digitally signed and submitted to BSE Limited for official record-keeping and member notification.

Corporate Infrastructure

Beekay Steel Industries Limited operates as an ISO 9001:2015 certified organization with its registered office located at Lansdowne Towers, 4th Floor, 2/1A Sarat Bose Road, Kolkata 700 020. The company maintains manufacturing operations across multiple locations including:

• Jamshedpur
• Vishakapatnam
• Chennai
• Cuttack

Regulatory Significance

The Larger Entity classification under SEBI regulations carries specific compliance obligations and disclosure requirements. By confirming its non-LC status for FY 2025-26, Beekay Steel Industries Limited has fulfilled its regulatory obligation to inform the stock exchange and market participants about its classification status. This disclosure ensures transparency and helps maintain proper regulatory compliance within the securities market framework.

Beekay Steel Industries Limited announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating solid operational performance alongside significant management changes. The steel manufacturer reported quarterly revenue of Rs 28,792.39 lakhs with a net profit of Rs 1,324.55 lakhs.

Financial Performance Highlights

The company's standalone financial results showed consistent performance across key metrics. Revenue from operations reached Rs 28,792.39 lakhs for the quarter, while other income contributed Rs 368.64 lakhs, bringing total income to Rs 29,161.03 lakhs.

Consolidated Results

The consolidated financial results, including subsidiary and associate companies, showed revenue from operations of Rs 28,792.39 lakhs and net profit of Rs 1,344.54 lakhs for the quarter. The consolidated results include Beekay Utkal Steel Private Limited as subsidiary and AKC Engineering Limited as associate company.

Leadership Transition

Beekay Steel Industries announced significant changes in its senior management team. Manav Bansal resigned from his position as Chief Financial Officer to focus on his core responsibilities as Whole-time Director. The company simultaneously appointed Ashok Agarwal as the new Chief Financial Officer.

New CFO Profile

Ashok Agarwal brings extensive experience to his new role as Chief Financial Officer. He is a Fellow Chartered Accountant with DipIFR (ACCA-UK) qualification and Insolvency Professional certification. Prior to joining Beekay Steel Industries Limited, he served as CFO of Manaksia Aluminium Company Limited for 7 years, where he led operational transformations and implemented robust internal controls.

Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 14, 2026. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. Rustagi & Associates, Chartered Accountants, conducted the limited review of the financial statements.