Steel City Securities Limited declared a final dividend of Re.1 per equity share for the financial year ended March 31, 2026, at its 32nd Annual General Meeting held on June 24, 2026. The company confirmed the first, second, and third interim dividends for the period, bringing the total payout to shareholders for the year. The meeting, chaired by Sri. K. Satyanarayana, Executive Chairman, was conducted at the registered office in Visakhapatnam with the requisite quorum present.

The shareholders approved the adoption of the audited standalone and consolidated financial statements for the financial year 2025-26, along with the reports of the Board of Directors and Auditors. Smt. G. V. Vandana was re-appointed as a director, having retired by rotation. The meeting also ratified the appointment of M/s. Rao & Kumar LLP, Chartered Accountants, as statutory auditors for the financial year 2026-27, following a change in constitution from M/s. Rao & Kumar, Chartered Accountants.

In special business, the members appointed Sri. Nunna Satya Kumar as an Independent Director for a term of five years. The company had provided a remote e-voting facility from June 21, 2026, to June 23, 2026, allowing shareholders to vote on all resolutions. The Chairman addressed the members regarding the company's performance during the financial year and its future outlook, responding to queries raised during the session.

Key Resolutions Passed

The scrutinizer for the e-voting and AGM process was Sri. Surendra Kuchipudi, a Practicing Company Secretary. The consolidated voting results and the scrutinizer's report are scheduled to be declared within 48 hours of the meeting's conclusion and will be submitted to the National Stock Exchange of India Limited.

steel city securities has fixed June 16, 2026 as the record date for the payment of the final dividend for the financial year 2025-26. The company communicated this decision to the National Stock Exchange of India Limited to establish shareholder eligibility for the payout.

The intimation, signed by M. Srividya, Company Secretary & Chief Compliance Officer, confirms that the record date falls on a Tuesday. Shareholders holding shares in their demat accounts as of this date will qualify for the final dividend declared for FY26.

Key Details

The company, a member of NSE, BSE, MSEI, MCX & NCDEX, operates in the capital market, equity derivatives, currency derivatives, and commodity derivatives segments. It is also a depository participant with NSDL and CDSL.