Bihar Sponge Iron board meets May 29 to consider Q4FY26 results

Bihar Sponge Iron Limited has announced that its board of directors will meet on Friday, May 29, 2026. The primary agenda of the meeting is to consider and approve the audited financial results for the fourth quarter and the financial year ended March 31, 2026. This intimation was made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has stated that the trading window for dealing in the shares of Bihar Sponge Iron Limited will remain closed. This restriction applies to all directors, promoters, key managerial personnel (KMPs), and designated persons of the company, as well as their immediate relatives. The window will stay shut until the expiry of 48 hours from the declaration of the financial results.

Meeting Details

The meeting is set to take place at the company's registered office and plant located in Umesh Nagar, Chandil, Jharkhand. The outcome of the board meeting, including the approved financial results, will be made available on the company's official website.

Detail	Information
Meeting Date	May 29, 2026
Agenda	Audited Financial Results for Q4 and FY ended March 31, 2026
Regulation	Regulation 29 of SEBI LODR Regulations, 2015

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.69%	-9.80%	-14.55%	+3.06%	+5.52%	+132.30%

Bihar Sponge Iron Limited has disclosed the filing of a commercial case against M/s. Vanraj Steels Private Limited and others, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was communicated to BSE Limited on May 14, 2026, and signed by Vimal Prasad Gupta, Company Secretary and Compliance Officer.

Case Details and Legal Forum

The commercial case was filed on May 13, 2026, before the Court of District Judge-I cum Special Judge Commercial Court at Saraikela-Kharsawan. The company has sought declaratory and injunctive reliefs in connection with certain liabilities, claims, and demands arising from the operations of M/s. Vanraj Steels Private Limited and others. The stated objective of the filing is to safeguard the interests of the company and to protect it from coercive proceedings relating to liabilities attributable to the operations of M/s. Vanraj Steels Private Limited and others.

Regulatory Disclosure Under Annexure-I

The following key details have been disclosed by Bihar Sponge Iron in Annexure-I, as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026:

Parameter:	Details
Case Filing Date:	May 13, 2026
Opposing Party:	M/s. Vanraj Steels Private Limited and others
Court/Forum:	Court of District Judge-I cum Special Judge Commercial Court, Saraikela-Kharsawan
Nature of Relief Sought:	Declaratory and injunctive reliefs
Subject of Dispute:	Liabilities, claims, and demands from operations of M/s. Vanraj Steels Private Limited
Financial Implication:	To the extent of amount of dispute
Quantum of Claims:	Not exactly ascertainable at this stage

Materiality and Financial Implications

Bihar Sponge Iron has stated that the case is material and has accordingly been disclosed as a matter of better corporate practice. The financial implication, if any, arising from compensation or penalty will be to the extent of the amount of dispute. However, the exact quantum of claims is not ascertainable at this stage, as indicated in the company's regulatory filing.