SRU Steels Limited has completed its board meeting held on April 29, 2026, approving key governance decisions including the postal ballot process for statutory auditor appointment. The meeting, conducted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, concluded with significant resolutions regarding auditor appointment and e-voting procedures.

Board Meeting Outcome

The board meeting commenced at 03:00 PM and concluded at 03:40 PM at the company's registered office in Malviya Nagar, New Delhi. The directors approved three critical agenda items related to corporate governance and statutory compliance.

Statutory Auditor Appointment Approval

The board approved conducting a postal ballot through e-voting mechanism to obtain member approval for appointing M/S BMGS & Associates as statutory auditor. The appointment will be effective from February 19, 2026, until the conclusion of the upcoming Annual General Meeting.

E-voting Process Framework

The board appointed Mrs. Vishakha Agrawal of M/s Vishakha Agrawal & Associates, Practicing Company Secretaries, as scrutinizer to oversee the postal ballot process. The cut-off date for determining member eligibility to vote electronically has been fixed as April 24, 2026.

Professional Services Profile

M/S BMGS & Associates offers comprehensive chartered accountancy services including Income Tax Related Services, Goods & Services Tax Related Services, Project Finance & Subsidy Services, Company related services, and Bank Audit Services. The firm brings extensive experience in statutory audit and compliance management.

Company Information

SRU Steels Limited, incorporated in 1995 with CIN L01111DL1995PLC107286, operates from its registered office in Malviya Nagar, New Delhi. The company maintains its BSE listing with scrip code 540914 under the symbol SRUSTEELS. Managing Director and CFO Akhil Arora signed the regulatory communication confirming the board meeting outcomes.

SRU Steels Limited's board of directors has approved the relocation of the company's registered office within Delhi, as announced following a board meeting held on March 20, 2026. The meeting was conducted from 17:30 P.M. to 18:00 P.M., with Managing Director and CFO Akhil Arora presiding over the proceedings.

Office Relocation Details

The board formally approved the shifting of the registered office within the same city, with the change taking effect from January 15, 2026. The relocation involves moving from the previous location to a new address in Malviyanagar.

Compliance Disclosure

The board acknowledged that the company had inadvertently failed to inform the stock exchange about the registered office shifting within the prescribed timeline. The company clarified that this non-compliance was unintentional and resulted from oversight in the notification process.

Corrective Measures

SRU Steels Limited confirmed that adequate corrective measures have been implemented to prevent similar oversights in the future. The company has now formally notified the Bombay Stock Exchange about the office relocation in compliance with Regulation 30 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement), 2015.

Corporate Information

The announcement was signed by Akhil Arora, who serves as both Managing Director and CFO of the company. The formal communication to the stock exchange ensures that all stakeholders are informed about the change in the company's registered office address, maintaining transparency in corporate governance practices.