Shyam Century Ferrous Limited has scheduled its 15th Annual General Meeting (AGM) for September 25, 2026. The meeting will be conducted through video conferencing or other audio-visual means in compliance with the Companies Act, 2013 and SEBI regulations.

The company notified the National Stock Exchange of India Limited and the BSE Limited on September 1, 2026, regarding the dispatch of AGM notices. Shareholders whose email IDs are not registered with the company or its Registrar and Transfer Agent received physical letters containing web links and QR codes to access the Annual Report for FY26.

Meeting Details

The AGM is scheduled to begin at 2:00 pm on September 25, 2026. Members present on the register as of the record date, September 18, 2026, are eligible to vote.

E-Voting Process

Remote e-voting will commence on September 21, 2026, at 9:00 am and conclude on September 24, 2026, at 5:00 pm. The Annual Report for FY26 and the AGM notice are available on the company’s website and exchange portals.

Regulatory Compliance

The intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reminded shareholders to update their PAN and KYC details with their Depository Participants or the Registrar and Transfer Agent to ensure electronic payment of dividends.

Shyam Century Ferrous has scheduled its 15th Annual General Meeting for September 25, 2026, to transact ordinary business including the reappointment of statutory auditors and a retiring director. The meeting will be held via video conferencing.

The ferro alloys manufacturer reported a net loss of ₹916.59 lakh for FY26, widening from a loss of ₹930.84 lakh in the previous year. Total income dropped significantly to ₹3,077.79 lakh from ₹12,107.56 lakh as operations were discontinued.

Operational Status

The company ceased production at its Byrnihat plant in Meghalaya on May 7, 2025, citing significant increases in power tariffs that rendered operations economically unviable. Consequently, all operations are classified as discontinued.

During FY26, Shyam Century Ferrous sold only 1,237.96 metric tonnes of Ferro Silicon from existing stocks, compared to 11,961 metric tonnes in FY25. Production was limited to 673 metric tonnes before the facility shutdown.

Financial Performance

Revenue from operations fell to ₹2,240.21 lakh from ₹11,314.61 lakh. Other income remained relatively stable at ₹837.58 lakh, driven by interest earnings from an investment portfolio.

Asset Disposal Strategy

Shareholders approved the disposal of the whole or substantially whole of the company's assets via e-voting in February 2026. The board is actively exploring avenues to sell or lease assets, including plant and machinery, to meet unavoidable financial obligations.

Assets valued at ₹1,217.95 lakh have been classified as "held for sale." The company maintains a positive net worth of ₹16,374.77 lakh and sufficient liquid assets to meet liabilities, with no intention to liquidate as a business entity.

What the Numbers Show

With manufacturing operations halted, the company has transitioned into a holding structure reliant on investment income. While total income collapsed due to the lack of production sales, other income from fixed deposits and bonds contributed ₹837.58 lakh, offsetting roughly 27% of the total expenses incurred during the period.