Shyam Metalics and Energy Limited has announced the commencement of commercial production at a new modern blast furnace facility through its step-down subsidiary Ramsarup Industries Limited (RIL). The company made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marking a significant milestone in its expansion strategy.

Commercial Production Commencement

RIL successfully commissioned its modern blast furnace along with a linear sinter plant, with commercial production starting on December 30, 2025. The facility represents a major addition to the group's steel manufacturing infrastructure and demonstrates the company's commitment to expanding its production capabilities.

Environmental Sustainability Features

The newly commissioned blast furnace incorporates a zero process water discharge design, which promotes sustainability and increases process efficiency. This environmental feature aligns with modern steel production practices and demonstrates the company's commitment to responsible manufacturing operations.

The sustainable design approach ensures that the facility operates without releasing process wastewater into the environment, supporting the group's environmental objectives while maintaining high production standards.

Strategic Growth Impact

The 0.45 MTPA production capacity will significantly enhance the company's steel production capabilities and strengthen its manufacturing infrastructure. This development is expected to bolster the group's market presence and support its long-term growth strategy in the steel sector.

The successful commissioning through subsidiary RIL represents an important milestone in Shyam Metalics and Energy Limited's expansion plans, positioning the company to meet growing market demand while maintaining focus on sustainable operations.

Shyam Metalics & Energy Limited has announced the results of its postal ballot conducted through remote e-voting, with all three proposed resolutions receiving approval from shareholders with the requisite majority. The company informed BSE and NSE about the results under Regulation 30 of SEBI Listing Regulations.

Postal Ballot Process Overview

The company conducted the postal ballot process from November 24 to December 23, with scrutinizer Mr. Raj Kumar Banthia submitting his report on December 24. The Board of Directors approved the postal ballot process on November 7, with the cut-off date for eligibility set as November 14.

Resolution-wise Voting Results

Resolution 1: Director Re-appointment

The re-appointment of Ms. Rajni Mishra as Independent Director for a second term of five years (February 12, 2026 to February 11, 2031) was approved as a Special Resolution.

Resolution 2: Remuneration Revision - Mr. Sheetij Agarwal

The revision in remuneration for Mr. Sheetij Agarwal, Whole-Time Director, was passed as an Ordinary Resolution with effect from April 1, 2026.

Resolution 3: Remuneration Revision - Mr. Dev Kumar Tiwari

The revision in remuneration for Mr. Dev Kumar Tiwari, Whole-Time Director, received overwhelming support as an Ordinary Resolution with effect from April 1, 2025.

Regulatory Compliance and Communication

The postal ballot was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, SEBI Listing Regulations, and MCA General Circular No. 03/2025. The company utilized the e-voting platform provided by National Securities Depositories Limited (NSDL) for the postal ballot process.

The postal ballot notice was dispatched electronically to all eligible shareholders by November 21, and public notices were published in The Financial Express, Aarthik Lipi, and Jansatta newspapers on November 22. Company Secretary Birendra Kumar Jain signed the regulatory filings submitted to both stock exchanges.