Storage Technologies board meets on May 29 for FY26 results

0 min read     Updated on 25 May 2026, 01:17 PM
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Storage Technologies and Automation Limited will hold a board meeting on May 29, 2026, under Regulation 29 of SEBI LODR. The board will consider and approve the standalone and consolidated financial statements for the half-year and year ended March 31, 2026, along with the audit reports.

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Storage Technologies and Automation Limited has informed the exchanges that its board will meet on Friday, May 29, 2026. The meeting is being convened pursuant to Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The primary agenda for the board meeting is to consider and approve the financial results for the company. Specifically, the directors will review the standalone and consolidated financial statements for the second half-year and the financial year ended March 31, 2026. Additionally, the board will examine the audit reports related to these financial statements.

The meeting will also cover any other business that may come before the board. The intimation was signed by Cauveramma B B, Company Secretary & Compliance Officer, on May 25, 2026.

Meeting Detail Information
Company Name Storage Technologies and Automation Limited
Meeting Date May 29, 2026
Purpose Consideration of Financial Statements
Period Ended March 31, 2026
Regulation SEBI LODR Regulation 29

Historical Stock Returns for Storage Technologies & Automation

1 Day5 Days1 Month6 Months1 Year5 Years
-3.66%-11.91%-15.64%-43.64%-64.23%-77.13%

How did Storage Technologies and Automation Limited's revenue and profitability trend in FY2026 compared to the previous fiscal year?

Will the board consider announcing a dividend or any capital allocation strategy alongside the FY2026 financial results approval?

Are there any significant audit observations or qualifications in the FY2026 financial statements that could impact investor sentiment?

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Storage Technologies Files Non-Large Corporate Status Declaration for FY 2026-27

1 min read     Updated on 17 Apr 2026, 03:36 PM
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Storage Technologies and Automation Limited has formally confirmed its non-Large Corporate status under SEBI framework for FY 2026-27, citing outstanding borrowings of only 0.36 crores as of March 31, 2026. The company filed this declaration with BSE, referencing relevant SEBI circulars and confirming exemption from Large Corporate disclosure obligations.

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Storage Technologies & Automation Limited has formally declared its non-Large Corporate status under SEBI regulatory framework for FY 2026-27. The company submitted this intimation to BSE on April 17, 2026, confirming it does not meet the criteria for Large Corporate classification under relevant SEBI circulars.

Regulatory Framework Compliance

The declaration references SEBI circulars SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the framework for fund raising through debt securities by large corporates and define the applicability criteria for Large Corporate identification.

Financial Position Assessment

The company provided detailed financial information supporting its non-Large Corporate status classification:

Parameter Details
Company Name Storage Technologies and Automation Limited
CIN L74900KA2010PLC052918
Outstanding Borrowings (March 31, 2026) 0.36 Crores
Credit Rating Status Company has not obtained Credit Rating
Stock Exchange Fine Applicability NOT APPLICABLE
BSE Script Code 544171/STAL
ISIN INE0RGM01016

The outstanding borrowings of 0.36 crores as of March 31, 2026, fall significantly below the threshold that would classify the entity as a Large Corporate under SEBI's framework.

Disclosure Exemptions and Obligations

Due to its confirmed non-Large Corporate status, Storage Technologies and Automation Limited is exempt from specific regulatory requirements for FY 2026-27. The company will not be required to make initial disclosure for FY 2026-27 or annual disclosure for the financial year 2026-27 to stock exchanges, as these obligations apply exclusively to entities classified as Large Corporates.

Corporate Authorization

The formal intimation was digitally signed by Cauveramma B B, Company Secretary and Compliance Officer (Membership No. A46064), on April 17, 2026. The company operates from its registered office at Survey No 21/6A, 21/7A, 21/7B and 21/8, Singanayakanahalli, Yelhanka Post, Bangalore 560064, Karnataka, specializing in racking, shelving, automation, structural solutions, and consulting services.

This regulatory filing ensures compliance transparency and clarifies the company's obligations under current SEBI regulations governing corporate debt market participation and disclosure requirements.

Historical Stock Returns for Storage Technologies & Automation

1 Day5 Days1 Month6 Months1 Year5 Years
-3.66%-11.91%-15.64%-43.64%-64.23%-77.13%

What growth strategies might Storage Technologies pursue to expand beyond the current borrowing threshold while maintaining regulatory compliance?

How could the company's exemption from large corporate disclosure requirements impact investor transparency and market confidence?

What market opportunities in automation and structural solutions could drive the company's revenue growth in the coming fiscal years?

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1 Year Returns:-64.23%