Steelco Gujarat Limited Schedules Board Meeting on May 9, 2026 for Rights Issue Deliberations

Steelco Gujarat Limited has announced that its Board of Directors will convene on Saturday, May 9, 2026, to deliberate on matters related to a proposed Rights Issue. The company has formally notified BSE Limited about this scheduled meeting in compliance with regulatory requirements.

Board Meeting Details

The meeting has been called pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The Board will consider and approve various aspects of the proposed Rights Issue during this session.

Meeting Details:	Information
Date:	Saturday, May 9, 2026
Purpose:	Rights Issue related matters
Regulatory Compliance:	Regulation 29 of LODR
Notification Date:	May 1, 2026

Rights Issue Agenda

The Board meeting will address several key components of the proposed Rights Issue:

Determination of the record date for the Rights Issue
Finalization of the issue schedule and timeline
Approval of other related matters pertaining to the Rights Issue

The company has indicated that the meeting will cover various matters relating to the proposed Rights Issue, suggesting a comprehensive review of the offering's structure and implementation.

Regulatory Compliance

Steelco Gujarat Limited has fulfilled its disclosure obligations by informing BSE Limited about the upcoming Board meeting. The intimation was signed by Bhavisha Dubber, Company Secretary and Compliance Officer (Membership No.: ACS 78760), ensuring proper corporate governance protocols are followed.

The company operates from its office and works located at Plot No. 2, G.I.D.C. Estate, Palej, Dist. Bharuch, Gujarat, with its corporate office situated in Vadodara. Steelco Gujarat Limited is incorporated under CIN No.: L27110GJ1989PLC011748 and maintains the tagline 'Engineered for Excellence'.

Steelco Gujarat Limited has announced the reappointment of two Independent Directors for their second consecutive terms. The company informed BSE Limited about these key board appointments under regulatory compliance requirements on April 15, 2026.

Director Reappointments

The company has reappointed Mr. Ashok Kumar N. Shah and Mr. Satish Kumar Panchal as Independent Directors, both beginning their second terms effective April 15, 2026. These appointments follow the company's earlier intimations dated October 31, 2025 and November 3, 2025.

Director Details:	Mr. Ashok Kumar N. Shah	Mr. Satish Kumar Panchal
DIN:	06977676	03106982
Appointment Type:	Reappointment as Independent Director	Reappointment as Independent Director
Effective Date:	April 15, 2026	April 15, 2026
Term Duration:	5 years	5 years
Term End Date:	April 14, 2031	April 14, 2031

Regulatory Compliance

The appointments have been made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Director Independence Confirmation

Both reappointed directors meet the independence criteria established by regulatory authorities. The company has confirmed that neither Mr. Shah nor Mr. Panchal has any relationships with other directors on the board. Additionally, both directors are not debarred from holding directorial positions by virtue of any order passed by the Securities and Exchange Board of India or any other regulatory authority.

Company Leadership

The reappointment notification was signed by Anoop Kumar Saxena, Managing Director (DIN: 10311727), on behalf of Steelco Gujarat Limited. The company maintains its registered office and works at Plot No. 2, G.I.D.C. Estate, Palej, District Bharuch, Gujarat, with corporate office operations in Vadodara.