National General Industries Ltd has announced that its Board of Directors will meet on Thursday, May 28, 2026. The meeting is convened to discuss and approve the audited financial results for the quarter and fiscal year ended March 31, 2026. This disclosure is made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board meeting is set to take place at Surya Plaza, 1st Floor, K-185/1, Sarai Julena, New Friends Colony, New Delhi. The primary agenda item involves the approval and recording of the company's financial performance for the specified period. The intimation was formally addressed to the Manager of the Department of Corporate Services at the Bombay Stock Exchange Ltd.

Key Meeting Details

The following table outlines the essential details regarding the upcoming board meeting:

Regulatory Compliance

The company has stated that the meeting is being held inter-alia to take on record the financial results. The communication was signed by Vandana Gupta, Company Secretary and Member No. ACS 24012. Shareholders and market participants are advised to take note of the scheduled meeting and the impending financial announcement.

National General Industries Limited announced its unaudited financial results for the quarter and nine months ended 31st December, 2025, showcasing mixed performance across different periods. The Board of Directors approved these results at their meeting held on 12th February, 2026, along with other significant corporate decisions.

Quarterly Financial Performance

The company's Q3FY26 performance showed modest growth in revenue but declining profitability compared to the previous year. Key quarterly metrics demonstrate the operational challenges faced during the period.

Nine-Month Performance Analysis

The nine-month period revealed more significant challenges, with the company reporting substantial declines in both revenue and profitability. The steel segment, which forms the core business, experienced notable pressure during this period.

Segment-wise Performance

National General Industries operates primarily in two segments - Steel and Others. The steel segment generated revenue of ₹273.04 lakhs in Q3FY26 compared to ₹262.75 lakhs in Q3FY25. The 'Others' segment, consisting mainly of investment income, contributed ₹59.33 lakhs in Q3FY26 versus ₹35.85 lakhs in the corresponding previous quarter.

Corporate Actions and Developments

The Board approved several important decisions during their meeting. The company will shift its registered office within New Delhi from the 3rd Floor to the 1st Floor of Surya Plaza, effective 16th February, 2026. Additionally, the company completed the forfeiture of 10,47,600 partly paid-up equity shares of face value ₹10 each, which had unpaid allotment money. This forfeiture was approved by BSE Limited on 30th January, 2026.

Financial Position and Outlook

The company's total segment assets stood at ₹4,023.22 lakhs as of 31st December, 2025, compared to ₹3,097.92 lakhs in the previous year. The paid-up equity share capital remained at ₹474.46 lakhs. The results were reviewed by the Audit Committee and approved by the Board, with statutory auditors R.K. Govil & Co. conducting a limited review of the financial statements.