Nova Iron & Steel Ltd has closed its trading window for all designated persons and their immediate relatives. The closure is effective from the quarter ended September 30, 2026, and will remain in force until 48 hours after the declaration of financial results for the quarter and half year ended September 30, 2026.

This action is taken in accordance with the provisions of the SEBI (Prohibition of Insider Trading) (Second Amendment) Regulations, 2019. The company notified the Bombay Stock Exchange (BSE) about this intimation on October 1, 2026.

Regulatory compliance details

The trading window restriction applies to all securities of the company. Designated persons are prohibited from dealing in the company's shares during this period to prevent potential insider trading while sensitive financial information is being prepared and reviewed.

The notification was signed by Dheeraj Kumar, Company Secretary, confirming the closure for the specified period. This standard procedure ensures that no individual with access to unpublished price-sensitive information can trade on the stock exchange before the results are made public.

Nova Iron & Steel Ltd has re-appointed M/s J.K. Kabra & Company as its Cost Auditor for the financial year 2026-27. The appointment is subject to the ratification of remuneration by members at the upcoming Annual General Meeting.

The Board of Directors approved this decision during their meeting held on September 28, 2026. The term of appointment extends from April 1, 2026, to March 31, 2027. This update follows the company's earlier announcement regarding the scheduling of its 34th AGM for October 30, 2026.

Governance and Audit Updates

The Board also recommended the re-appointment of Hardev Chand Verma as a Non-Executive, Non-Independent Director. Verma is liable to retire by rotation, and his continuation as director upon attaining the age of 75 years was sanctioned. Additionally, alterations to Clause III(A) of the Memorandum of Association were approved, subject to shareholder approval.

M/s J.K. Kabra & Company is a firm of Practising Cost Accountants based in Delhi. The firm offers services including cost audit, certifications, setting up costing systems, and cost consultancy across diverse industries.

The board meeting commenced at 4:00 pm and concluded at 5:00 pm. The company filed this outcome with the Bombay Stock Exchange pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.