Steelman Telecom Limited has scheduled a Board of Directors meeting for September 25, 2026. The session will consider strategic business transactions that may materially impact the company's securities price.

The intimation was filed with the Bombay Stock Exchange on September 22, 2026. Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed that the detailed terms of any approved transactions will be announced to stock exchanges in accordance with applicable laws.

Trading window closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code, the trading window is now closed. This restriction applies to all Designated Persons and their immediate relatives.

The closure period began on Tuesday, September 22, 2026. It will remain in effect until 48 hours after the information regarding the proposed transactions is made generally available to the public. Relevant persons are advised against trading in the company's securities during this period.

Key details of the announcement

The company stated that the intimation is also available on its website for public record. No specific financial figures or transaction values were disclosed in this initial notification.

Steelman Telecom Limited concluded its 23rd Annual General Meeting on September 19, 2026, in Kolkata. Shareholders approved all resolutions, including the reappointment of four directors for five-year terms and the issuance of fully convertible warrants.

The company’s Chairman, Girish Bindal, presided over the proceedings. Members adopted the audited financial statements for FY26 along with the directors’ and auditors’ reports. The meeting was held from 12:00 pm to 1:00 pm.

Board Reappointments

Shareholders approved the reappointment of four directors. Mr. Mahendra Bindal was reappointed as Managing Director for a term commencing May 17, 2027, to May 17, 2032. Mr. Girish Bindal was reappointed as Executive Director cum Chairman for the same period.

Mr. Atul Kumar Bajpai was reappointed as an Independent Director for a term starting May 17, 2027, and ending May 17, 2032. Mr. Pravin Poddar was reappointed as an Independent Director for a term starting July 1, 2027, and ending July 1, 2032.

Ms. Saloni Bindal was also reappointed as a director after retiring by rotation.

Strategic Resolutions

The special business agenda included structural changes. Shareholders approved an alteration to the Object Clause of the Memorandum of Association by inserting a new ancillary object. This expands the company’s operational scope as defined in its constitutional documents.

The meeting authorized the issuance of fully convertible warrants on a preferential basis. This allows the company to raise capital through equity-linked instruments without immediate dilution of existing shareholding.

Voting Results

E-voting was facilitated from September 16, 2026, to September 18, 2026. Mr. Saurabh Basu served as the scrutinizer. A total of 41 folios holding 7,774,200 shares cast valid votes out of 96,76,200 total shares held on the record date.

Voting results were published on the company’s website and with the National Securities Depository Limited within 48 hours of the meeting’s conclusion.