Beekay Steel Industries Ltd has revised the record date for its Annual General Meeting and dividend payment to September 22, 2026. The company announced the updated schedule in a regulatory filing on August 24, 2026.

The register of members and share transfer books will remain closed from September 23 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

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 revision of the record date from September 18 to September 22 extends the window for potential last-minute trades before the eligibility cutoff. By aligning the book closure start date (September 23) immediately after the new record date, the company maintains a standard procedural gap to finalize shareholder lists before the AGM on September 29.

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

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.