SAIL board approves re-appointment of cost auditors for FY27

0 min read | Published on 21 Jul 2026, 07:26 PM |Updated on 22 Jul 2026, 09:33 AM

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Jubin VScanX News Team

Key Highlights

Steel Authority of India Ltd's Board approved the re-appointment of M/s Shome & Banerjee, M/s Niran & Co., and M/s Narasimha Murthy & Co. as cost auditors for FY 2026-27. The decision, taken on July 6, 2026, complies with SEBI (LODR) Regulations, 2015.

*this image is generated using AI for illustrative purposes only.

Steel Authority of India Ltd has approved the re-appointment of three cost auditors for the financial year 2026-27. The decision was taken by the Board of Directors during a meeting held on July 6, 2026. The re-appointments are in compliance with Regulation 30 and Part-A of Schedule III of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The appointed firms include M/s Shome & Banerjee, based in New Delhi; M/s Niran & Co., located in Bhubaneswar; and M/s Narasimha Murthy & Co., operating out of Hyderabad. These firms will serve as cost auditors for the company for the upcoming financial year.

Appointed Cost Auditors

Firm Name	Location
M/s Shome & Banerjee	New Delhi
M/s Niran & Co.	Bhubaneswar
M/s Narasimha Murthy & Co.	Hyderabad

The intimation regarding this re-appointment was formally communicated to the stock exchanges on July 21, 2026. The filing was signed by M.B. Balakrishnan, Executive Director (Finance & Accounts) & Company Secretary of Steel Authority of India Ltd.

Historical Stock Returns for Steel Authority of India

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.82%	+2.83%	+6.65%	+9.27%	+39.79%	+45.76%

How will the re-appointment of these cost auditors impact SAIL's financial transparency and investor confidence?

What are the expected cost audit outcomes for FY 2026-27, and how might they influence SAIL's operational efficiency?

Could this decision signal any strategic shifts in SAIL's cost management or compliance practices?

Steel Authority of India

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Steel Authority of India Records ₹19.52 Crore Block Trade on NSE at ₹163.92 Per Share

0 min read | Published on 09 Jul 2026, 10:47 AM |Updated on 09 Jul 2026, 10:47 AM

Reviewed by

Radhika SScanX News Team

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Key Highlights

Steel Authority of India recorded a block trade on the NSE involving approximately 1,190,849 shares at a price of ₹163.92 per share. The total value of the transaction aggregated to ₹19.52 crores. Such block trades are generally associated with institutional-level activity and are executed to facilitate large share transfers with minimal market disruption.

*this image is generated using AI for illustrative purposes only.

Steel Authority of India witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 1,190,849 shares changing hands in a single transaction. The trade was executed at a price of ₹163.92 per share, aggregating to a total deal value of ₹19.52 crores.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Parameter:	Details
Exchange:	NSE
Number of Shares:	~1,190,849
Trade Price:	₹163.92 per share
Total Trade Value:	₹19.52 crores

Block trades of this nature typically involve large institutional participants and are executed outside the regular order book to minimise market impact. The transaction in Steel Authority of India shares underscores the continued interest of large-scale investors in the company's stock.

Historical Stock Returns for Steel Authority of India