Steel Authority of India schedules 54th AGM for September 24

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Key Highlights
  • Steel Authority of India schedules its 54th AGM for September 24, 2026
  • The meeting will be held via Video Conferencing at 10:30 am
  • Remote e-voting period runs from September 20 to September 23, 2026
  • Shareholder eligibility cut-off date is fixed as September 17, 2026
  • NSDL serves as the authorized agency for e-voting facilities
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Steel Authority of India Limited ( Steel Authority of India ) will hold its 54th Annual General Meeting on September 24, 2026. The event is scheduled for 10:30 am and will be conducted through Video Conferencing or Other Audio Visual Means.

The company dispatched the AGM notice and the Annual Report for FY26 to shareholders electronically on September 1, 2026. These documents include the audited consolidated financial statements and reports from the Board and Auditors. The materials are also accessible on the company website and the National Securities Depository Limited portal.

Voting Process Details

Shareholders can participate in remote e-voting or cast votes during the meeting via electronic means. The cut-off date for determining voting eligibility is September 17, 2026, at the end of business hours. Only members recorded in the Register of Members or Depository Beneficial Owners as on this date are eligible to vote.

The remote e-voting period begins on September 20, 2026, at 9:00 am and concludes on September 23, 2026, at 5:00 pm. National Securities Depository Limited serves as the authorized agency for facilitating these voting processes.

Event Date and Time
AGM September 24, 2026 at 10:30 am
Cut-off date September 17, 2026 (end of business hours)
Remote e-voting start September 20, 2026 at 9:00 am
Remote e-voting end September 23, 2026 at 5:00 pm

Sachin Agarwal, a Company Secretary in Practice with M/s. Agarwal S. & Associates, has been appointed as the Scrutinizer. He will oversee the e-voting process to ensure fairness and transparency. The company will declare the e-voting results within two working days after the conclusion of the AGM.

Historical Stock Returns for Steel Authority of India

1 Day5 Days1 Month6 Months1 Year5 Years
-1.03%+7.43%+14.18%+16.47%+62.65%+58.72%

What specific strategic initiatives or capital expenditure plans for FY27 are likely to be highlighted in the Board's report during the AGM?

How might the audited consolidated financial results for FY26 influence SAIL's dividend payout ratio and stock valuation in the near term?

Are there any proposed changes to the board composition or executive compensation that shareholders should anticipate voting on?

Steel Authority of India
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SAIL accepts resignation of Ashish Chatterjee as director

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Reviewed by
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Key Highlights
  • Ashish Chatterjee resigned as Government Nominee Director effective August 24, 2026
  • Ministry of Steel order dated August 27, 2026 confirmed the cessation of charge
  • Disclosure made to comply with SEBI LODR Regulations 2015
  • Chatterjee was Additional Secretary and Financial Advisor at the Ministry
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Steel Authority of India accepted the resignation of Ashish Chatterjee as Government Nominee Director effective August 24, 2026. The change follows an order from the Ministry of Steel dated August 27, 2026.

Chatterjee, who served as Additional Secretary and Financial Advisor at the Ministry of Steel, ceased holding the charge on the specified date. The company disclosed the change in board composition to comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

The notification was issued by M.B. Balakrishnan, Executive Director (Finance & Accounts) and Company Secretary, and communicated to both the Bombay Stock Exchange and the National Stock Exchange of India.

Historical Stock Returns for Steel Authority of India

1 Day5 Days1 Month6 Months1 Year5 Years
-1.03%+7.43%+14.18%+16.47%+62.65%+58.72%

Who has been appointed as the new Government Nominee Director to replace Ashish Chatterjee, and what is their professional background?

How might this leadership change at the board level influence SAIL's upcoming strategic initiatives or capital allocation plans?

Does this resignation signal a broader restructuring within the Ministry of Steel's oversight of public sector undertakings?

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1 Year Returns:+62.65%