Beekay Steel sets Sept 18 record date for AGM and dividend payout

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Record date for AGM and dividend is set for September 18, 2026
  • Book closure runs from September 19 to September 29, 2026
  • Annual General Meeting scheduled for September 29, 2026 at 12:00 noon
  • Filing made pursuant to Regulation 42 of SEBI LODR Regulations
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*this image is generated using AI for illustrative purposes only.

Beekay Steel Industries Ltd has designated September 18, 2026 as the record date for its Annual General Meeting and dividend payment. The company announced the dates in a regulatory filing on August 17, 2026.

The register of members and share transfer books will remain closed from September 19 to September 29, 2026, both days inclusive. This closure ensures an accurate record of shareholders eligible for the upcoming corporate actions.

Key Dates and Details

Parameter Date/Detail
Record Date September 18, 2026
Book Closure Start September 19, 2026
Book Closure End September 29, 2026
AGM Date September 29, 2026
AGM Time 12:00 Noon
Purpose AGM and Dividend Payment

The Annual General Meeting is scheduled to take place on Tuesday, September 29, 2026, at 12:00 noon. Shareholders holding equity shares with scrip code 539018 on the record date will be eligible to attend the meeting and receive the declared dividend.

What the Numbers Show

The simultaneous scheduling of the book closure end date and the AGM date indicates a standard procedural alignment. By closing the register on the same day as the meeting, the company ensures that only shareholders recorded on September 18 can exercise voting rights and claim dividend entitlements, minimizing administrative complexity for post-meeting payouts.

Historical Stock Returns for Beekay Steel Indus

1 Day5 Days1 Month6 Months1 Year5 Years
+0.25%-3.68%+4.77%0.0%0.0%0.0%

What is the declared dividend per share amount for this AGM, and how does it compare to Beekay Steel's payout history?

Will the management provide updated guidance on steel demand forecasts and raw material cost trends during the September 29 meeting?

How might the upcoming book closure period impact short-term trading volume and liquidity for scrip code 539018?

Beekay Steel Q1 Results: Net profit up 22% YoY to ₹38.3 crore

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Reviewed by
Anirudha BScanX News Team
Key Highlights

Beekay Steel Industries Ltd reported Q1FY27 standalone net profit of ₹38.3 crore, up 22% YoY, driven by a 32% revenue increase to ₹374.7 crore. Consolidated profit was ₹37.8 crore. The Board reappointed Executive Director Mukesh Chand Bansal for five years and scheduled the FY26 AGM for late September.

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Beekay Steel Industries reported a significant improvement in profitability for the quarter ended June 30, 2026, with standalone net profit rising 22% year-on-year (YoY) to ₹38.3 crore. The gain followed a 32% surge in revenue from operations to ₹374.7 crore, up from ₹282.8 crore in Q1FY26.

The company also returned to profitability on a quarterly basis, reversing a net loss of ₹17.5 crore recorded in the preceding quarter (Q4FY26). Consolidated net profit for the quarter stood at ₹37.8 crore, compared to ₹30.7 crore in the same period last year.

Financial Highlights

Metric Q1FY27 (Standalone) Q1FY26 (Standalone) Change
Revenue from Operations ₹374.7 crore ₹282.8 crore +32%
Net Profit ₹38.3 crore ₹31.3 crore +22%
Other Income ₹24.0 crore ₹30.8 crore -22%

Revenue growth outpaced the increase in total expenses, which rose 27% YoY to ₹351.0 crore. Cost of materials consumed increased to ₹232.3 crore from ₹198.2 crore, reflecting higher input costs or volume. Power and fuel expenses saw a sharp rise to ₹51.3 crore from ₹28.3 crore, contributing to the overall expense expansion.

What the Numbers Show

Other income remained a substantial component of the top line, contributing ₹24.0 crore to total income. While this was down from ₹30.8 crore in the prior year quarter, it still accounted for approximately 6% of total revenue, highlighting the company’s reliance on non-operating income streams alongside its core steel manufacturing business. The positive change in inventories (₹12.9 crore credit) helped offset some of the rising operational costs.

Corporate Actions

The Board of Directors, meeting on August 11, 2026, approved the unaudited financial results for the quarter and the year ended March 31, 2026. Key corporate developments include:

  • Reappointment of Executive Director: The Board approved the reappointment of Mr. Mukesh Chand Bansal as Executive Director and Key Managerial Personnel (KMP) for a further period of five years, effective January 1, 2027. This is subject to shareholder approval at the Annual General Meeting (AGM).
  • AGM Details: The AGM for FY26 will be held on September 29, 2026, via video conferencing. The register of members will remain closed from September 19 to September 29, 2026.

The financial results were reviewed by Rustagi & Associates LLP, the statutory auditors, who issued an unmodified limited review report.

Historical Stock Returns for Beekay Steel Indus

1 Day5 Days1 Month6 Months1 Year5 Years
+0.25%-3.68%+4.77%0.0%0.0%0.0%

Will Beekay Steel Industries be able to sustain the 32% revenue growth trajectory in Q2FY27 given the sharp rise in power and fuel expenses?

How might the reappointment of Mr. Mukesh Chand Bansal influence the company's long-term strategic expansion and operational efficiency?

What measures is management implementing to mitigate the impact of rising input costs on net profit margins in upcoming quarters?

More News on Beekay Steel Indus

1 Year Returns:0.00%