Shree Steel Wire Ropes schedules 34th AGM for September 18

scanx
Reviewed by
Anirudha BScanX News Team
Key Highlights

Shree Steel Wire Ropes holds its 34th AGM on September 18, 2026. Remote e-voting facility open from September 14 to September 17. Share transfer books closed from September 12 to September 18. Annual report for FY26 submitted to BSE on August 20, 2026.

powered bylight_fuzz_icon
49193966

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

Shree Steel Wire Ropes Ltd announced its 34th Annual General Meeting is scheduled for September 18, 2026. The meeting will be held at the company's registered office at 9:30 am.

Shree Steel Wire Ropes submitted its annual report for FY26 to BSE Limited on August 20, 2026, in compliance with SEBI Listing Obligations regulations. The notice convening the AGM is part of this annual report.

E-voting and Record Dates

Shareholders can cast their votes via remote e-voting from September 14, 2026, at 9:00 am until September 17, 2026, at 5:00 pm. The portal will be blocked immediately after this period.

The cut-off date for recording member entitlements for voting is September 11, 2026. This applies to both remote e-voting and voting at the physical meeting.

Share Transfer Closure

The Register of Members and Transfer Books will remain closed from September 12, 2026, to September 18, 2026. This closure facilitates the preparation of the register of members for the AGM.

Annual Report Access

The annual report is available on the company website. Notices are being sent via email to members with registered addresses. Details regarding e-voting procedures are included in the AGM notice.

Historical Stock Returns for Shree Steel Wire Ropes

1 Day5 Days1 Month6 Months1 Year5 Years
+4.45%+3.85%-10.71%+38.46%-5.26%+5.68%

What key financial metrics and strategic initiatives are highlighted in Shree Steel Wire Ropes' FY26 annual report submitted to BSE?

How might the outcomes of the AGM resolutions impact the company's dividend policy or capital allocation strategy for the upcoming fiscal year?

Are there any proposed changes to the board of directors or executive management team scheduled for approval at the September 18 meeting?

like16
dislike

Shree Steel Wire Ropes returns to profit in Q1FY27

scanx
Reviewed by
Naman SScanX News Team
Key Highlights

Shree Steel Wire Ropes returned to profitability in Q1FY27 with a net profit of ₹2.27 crore, reversing a loss of ₹1.92 crore in the same period last year. Total income from operations increased to ₹24.80 crore from ₹11.43 crore, driven by improved operational performance.

powered bylight_fuzz_icon
46332967

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

Shree Steel Wire Ropes returned to profitability in the first quarter of FY27, reporting a net profit of ₹2.27 crore for the period ended June 30, 2026. This marks a significant turnaround from the net loss of ₹19.21 lakh recorded in the corresponding quarter of the previous year. Total income from operations rose to ₹24.80 crore, compared to ₹11.43 crore in Q1FY26.

The company’s profit before tax stood at ₹2.34 crore, a sharp improvement from the loss before tax of ₹8.90 lakh in the year-ago period. Earnings per share (EPS) for the quarter were reported at ₹0.69, recovering from a negative EPS of ₹0.58 in Q1FY26. The paid-up equity share capital remained unchanged at ₹33.11 crore.

Financial Performance Summary

The unaudited financial results were reviewed by the audit committee and approved by the board of directors in their meeting held on July 13, 2026. The filing was made with the stock exchange under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Particulars Quarter Ended June 30, 2026 (Unaudited) Quarter Ended June 30, 2025 (Unaudited)
Total Income from Operations ₹24.80 crore ₹11.43 crore
Net Profit for the period ₹2.27 crore (₹1.92 crore)
Net Profit before tax ₹2.34 crore (₹0.89 crore)
EPS (Basic & Diluted) ₹0.69 (₹0.58)

Total comprehensive income for the quarter stood at ₹2.29 crore, compared to a negative comprehensive income of ₹1.64 crore in the prior year quarter. The full format of the financial results is available on the BSE website and the company’s official website.

Historical Stock Returns for Shree Steel Wire Ropes

1 Day5 Days1 Month6 Months1 Year5 Years
+4.45%+3.85%-10.71%+38.46%-5.26%+5.68%

What specific operational strategies drove the 117% year-over-year increase in total income from operations?

Is the surge in revenue and profitability sustainable for the remaining quarters of FY27?

How will the company utilize the restored profitability to fund future growth or reduce debt?

like16
dislike

More News on Shree Steel Wire Ropes

1 Year Returns:-5.26%