Shree Narmada board meets on May 28 to consider FY26 results

1 min read Updated on 20 May 2026, 08:35 PM

Reviewed by

Shriram SScanX News Team

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Shree Narmada Aluminium Industries Limited announced that its board will meet on May 28, 2026, to approve the audited financial results for the year ended March 31, 2026. The trading window has been closed from April 1, 2026, until 48 hours after the results are declared.

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

Shree Narmada Aluminium Industries Limited has scheduled a meeting of its Board of Directors for May 28, 2026. The primary agenda for the meeting is the consideration and approval of the audited financial results for the quarter and year ended March 31, 2026. The board will also take on record the Auditor's report regarding these financial statements.

Board Meeting Details

The meeting is set to take place on Thursday, May 28, 2026, at 2:30 P.M. The venue for the proceedings is located at 69, Princess Street, Mumbai 40002. The intimation was sent to BSE Ltd. pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's underlying code, the trading window for dealing in the securities of Shree Narmada Aluminium Industries Limited has been closed. This closure is effective from April 1, 2026, and will remain in effect until 48 hours after the announcement of the board meeting's outcome, unless the company communicates otherwise.

Key Information

Detail	Information
Company Name	Shree Narmada Aluminium Industries Limited
Meeting Date	May 28, 2026
Meeting Time	2:30 P.M.
Agenda	Audited Financial Results for the quarter/year ended March 31, 2026
Trading Window Closure	April 1, 2026 to 48 hours post-announcement

How might Shree Narmada Aluminium Industries' FY2026 annual results compare to industry peers amid fluctuating global aluminium prices and input cost pressures?

What potential dividend announcements or capital allocation decisions could the board consider alongside the financial results approval at the May 28 meeting?

How could the company's FY2026 performance influence investor sentiment and stock price movement once the trading window reopens post-announcement?

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Shree Narmada Aluminium Industries Limited Confirms Non-Classification as Large Corporate Under SEBI Framework

1 min read Updated on 30 Apr 2026, 02:37 PM

Reviewed by

Naman SScanX News Team

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Shree Narmada Aluminium Industries Limited has submitted an initial disclosure to BSE Ltd confirming that it does not qualify as a Large Corporate under SEBI's regulatory framework for fund raising through debt securities. The disclosure, submitted on April 28, 2026, references SEBI Circulars dated August 10, 2021 and November 26, 2018. The company reported outstanding borrowings of Rs. 6,10,38,319.63 as of March 31, 2026, and confirmed that no credit rating agency rating was applicable for the previous financial year.

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Shree Narmada Aluminium Industries Limited has submitted an initial disclosure to BSE Ltd confirming that the company does not qualify as a Large Corporate under the regulatory framework established by the Securities and Exchange Board of India (SEBI) for fund raising through debt securities. The disclosure, dated April 28, 2026, was submitted pursuant to SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, as amended, read with SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.

The company, listed on BSE with scrip code 513127, provided detailed information in Annexure A accompanying the disclosure. The submission was made by Kantilal Bhuralal Patel, Managing Director of the company, with DIN 01441306. Shree Narmada Aluminium Industries Limited is registered at Plot No 95/1, Bholav Palaj Road, Bhalav Bharuch 392001, and operates under CIN L91110GJ1981PLC004269.

Key Financial Details

The disclosure includes specific financial information regarding the company's borrowing position and regulatory status:

S.NO	PARTICULARS	DETAILS
1.	Name of the Company	Shree Narmada Aluminium Industries Limited
2.	CIN	L91110GJ1981PLC004269
3.	Outstanding borrowing of Company as on 31st March, 2026	Rs. 6,10,38,319.63/-
4.	Highest credit rating agency during the previous F.Y. along with name of the Credit Rating Agency (CRA)	Not Applicable
5.	Name of the Stock Exchange in which the fine shall be paid in case of shortfall	BSE Limited

Regulatory Compliance

The company explicitly confirmed that it is not a Large Corporate as per the applicability criteria specified under Chapter XII of SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 and subsequent amendments. This classification determines whether companies are subject to additional disclosure and compliance requirements when raising funds through debt securities.

The disclosure was addressed to the Secretary, BSE Ltd, Corporate Relationship Department, and requested that the information be placed on record. The company's website is www.snailbh.in and it can be contacted via email at nalexvh@yahoo.co.in or by phone at +91 9820068256.

Will Shree Narmada Aluminium consider obtaining credit ratings in the future to enhance its debt financing options?

How might the company's exclusion from Large Corporate status affect its ability to raise capital for expansion in the competitive aluminium industry?

Could the relatively low borrowing amount of Rs. 6.1 crores indicate conservative financial management or limited growth opportunities?