Shyam Metalics & Energy will host a physical meeting for institutional investors and analysts in Singapore on June 23 and 24, 2026. The company stated that the discussions will be based on publicly available information and no unpublished price-sensitive information (UPSI) is intended to be shared during the interactions.

The meeting is scheduled to commence at 10:00 A.M. onwards on both days. This initiative is in accordance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Birendra Kumar Jain, Company Secretary and Compliance Officer, signed the regulatory filing submitted to the exchanges on June 18, 2026. The company noted that the schedule is subject to change due to exigencies.

Meeting Details

The information regarding the meeting is also available on the company’s website.

Shyam Metalics and Energy Limited has acquired a 26% equity stake in Emerge Green Power Private Limited (EGPPL) for ₹75,01,260 to secure renewable energy and reduce operational costs. The transaction, completed on June 18, 2026, involved the allotment of 26,000 equity shares and enables Shyam Metalics to qualify as a captive user under the Electricity Act, 2003. This status permits the company to consume solar power generated by EGPPL at a preferential tariff, thereby lowering overall energy expenditures for its manufacturing operations.

The acquisition was communicated to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Emerge Green Power Private Limited, incorporated on February 17, 2025, operates in the solar power generation sector and is yet to commence business operations. The company paid the consideration amount in a single tranche via RTGS. The shares were issued at a premium of ₹278.51 per share, with a face value of ₹10 each, aggregating the total investment of ₹75,01,260.

Strategic Impact and Objectives

The primary objective of this investment is to ensure a reliable, cost-efficient, and environmentally sustainable power supply for Shyam Metalics' energy-intensive industrial operations. Although the target entity operates in the renewable energy sector, which is distinct from Shyam Metalics' core steel and ferro alloy business, the acquisition aligns with its long-term strategy of integrating green energy solutions.

The company outlined several expected benefits from this strategic move:

• Reduce dependence on grid power and lower energy costs.
• Contribute to environmental goals through increased usage of green power.
• Improve EBITDA margins due to lower operational expenditure on power.
• Support compliance with regulatory norms and ESG frameworks.

Transaction Details

The following table summarizes the key details of the acquisition:

The transaction does not fall under the ambit of related party transactions, and the promoter or promoter group of Shyam Metalics holds no interest in EGPPL. No specific governmental or regulatory approvals were required for the completion of this acquisition.