Latest news about Kalyani Steels
Kalyani Steels
870.90
-15.60(-1.76%)
Company Performance:
View Company Insights1D-1.76%
1M-1.27%
6M+22.83%
1Y-0.93%
5Y+95.29%
More news about Kalyani Steels
17Jul 26
Kalyani Steels Resumes Manufacturing Operations After CPCB Lifts Closure Orders
Kalyani Steels has restarted its manufacturing operations after the Central Pollution Control Board (CPCB) lifted its closure orders against the company. The company has confirmed that compliance with the conditions set forth by the CPCB is currently underway. This development marks a key milestone for the steelmaker as it works to restore full operational activity in line with regulatory requirements.
02Jul 26
Kalyani Steels opens postal ballot to appoint Vartika Shukla
Kalyani Steels Limited is seeking shareholder approval through a postal ballot to appoint Ms. Vartika Shukla as an Independent Director for a five-year term ending June 23, 2031. The e-voting process runs from July 3 to August 1, 2026, with results expected by August 4, 2026. Ms. Shukla, a former CMD of Engineers India Limited, meets the independence criteria under the Companies Act, 2013, and SEBI Listing Regulations.
27Jun 26
Kalyani Steels Independent Director ceases to be director
Kalyani Steels Limited has accepted the cessation of Amb. Ahmad Javed as an Independent Director effective June 26, 2026, following the completion of his second term. The director's tenure concluded on June 25, 2026, as approved by shareholders at the Forty-Ninth Annual General Meeting held on August 1, 2022. The disclosure was made to BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
23Jun 26
Kalyani Steels appoints Shishir Joshipura as Independent Director
Kalyani Steels Limited has appointed Mr. Shishir Joshipura as an Independent Director for a four-year term from May 8, 2026, to May 7, 2030, following approval via a special resolution passed through postal ballot. The resolution received 99.9960% of votes polled, with 34,261,492 shares in favour and 1,384 against. The voting process was scrutinized by M/s. SVD & Associates, and results were submitted to the stock exchanges.
18Jun 26
Kalyani Steels Reports Delay in Environmental Clearance for Odisha Project
Kalyani Steels has reported a delay in obtaining environmental clearance for its Odisha project. The disclosure highlights a regulatory setback affecting the project's progress. Environmental clearances are a mandatory requirement for industrial projects in India, and delays can impact overall project timelines. No additional financial or operational details were available in the source data.
02Jun 26
Kalyani Steels promoter shares unencumbered in FY26
Promoter B.N. Kalyani declared that none of the 28.24 million equity shares, representing 64.70% of Kalyani Steels Limited, were encumbered during FY26. The disclosure was submitted to BSE and NSE on April 6, 2026, under Regulation 31(4) of the SEBI Takeover Regulations. BF Investment Limited holds the largest stake within the promoter group at 39.06%.
21May 26
Kalyani Steels Seeks Approval for Independent Director
Kalyani Steels Limited has issued a postal ballot notice seeking shareholder approval for the appointment of Mr. Shishir Joshipura as an Independent Director for a term of four years from May 8, 2026, to May 7, 2030. The notice was dispatched electronically on May 19, 2026, with e-voting scheduled from May 22, 2026, to June 20, 2026. Mr. Joshipura brings over 42 years of experience, including leadership roles at Praj Industries and SKF India.
18May 26
Kalyani Steels Independent Director Mr. Shrikrishna K. Adivarekar Completes Second Term, Ceases as Director
Kalyani Steels Limited disclosed that Mr. Shrikrishna K. Adivarekar (DIN 06928271) completed his second term as Independent Director on May 17, 2026, ceasing as director from May 18, 2026. His second term of 3 consecutive years was approved at the Forty-Ninth AGM on August 1, 2022, spanning May 18, 2023 to May 17, 2026. The filing was submitted by Company Secretary Mrs. D.R. Puranik under SEBI LODR Regulation 30.
11May 26
Kalyani Steels FY26 Results: PAT ₹2,551.37 Mn, ₹10 Dividend, New CFO & Director Appointed
Kalyani Steels Limited reported FY26 standalone PAT of ₹2,551.37 million and consolidated PAT of ₹2,578.67 million, with standalone revenue from operations at ₹18,456.07 million. The Board declared a final dividend of ₹10 per share (200%) and appointed Mr. Shishir Joshipura as Additional Independent Director and Mr. Bantu Upendra Kumar Patro as CFO. The audited results were published in Business Standard (all editions) and Loksatta (Pune edition) on May 9, 2026.
09May 26
Kalyani Steels Limited Authorises KMPs for Materiality Determination Under SEBI LODR Regulation 30
Kalyani Steels Limited, vide a filing dated May 8, 2026, has updated its authorisation of Key Managerial Personnel under Regulation 30(5) of SEBI LODR Regulations, 2015, superseding all prior authorisations. The Chief Financial Officer, Mr. Bantu Upendra Kumar Patro, and Company Secretary, Mrs. D.R. Puranik, have been authorised severally to determine the materiality of events and make disclosures to stock exchanges. The updated contact details of the authorised KMPs are also being updated on the company's website.
30Apr 26
Kalyani Steels Limited Announces Board Meeting on May 8, 2026 for FY26 Financial Results
Kalyani Steels Limited has announced a board meeting for May 8, 2026, to approve audited financial results for Q4 and FY26 and consider dividend recommendations. The meeting will address both standalone and consolidated results for the year ended March 31, 2026. The trading window for designated persons, closed since April 1, 2026, will reopen on May 11, 2026, following standard regulatory protocols.
24Apr 26
Kalyani Steels Launches Second 'Saksham Niveshak' Campaign for Shareholder KYC Updates
Kalyani Steels Limited has launched the Second 100 Days Campaign 'Saksham Niveshak' from April 1 to July 9, 2026, initiated by the IEPF Authority to help shareholders update KYC details and claim unclaimed dividends. The company published newspaper advertisements on April 16, 2026, providing contact information for assistance through MUFG Intime India Private Limited and encouraging shareholders to prevent transfer of their dividends and shares to IEPF by maintaining updated records.
22Apr 26
Kalyani Steels CFO Bal Mukand Maheshwari Resigns After 13 Years of Service
Kalyani Steels Limited has announced the resignation of its Chief Financial Officer, Mr. Bal Mukand Maheshwari, effective May 8, 2026, after 13 years of dedicated service. The resignation, attributed to personal reasons, was formally communicated through regulatory filings to both BSE and NSE, ensuring compliance with SEBI listing requirements and maintaining transparency with stakeholders.
16Apr 26
Kalyani Steels Limited Announces Reminder for Special Window to Transfer Physical Shares
Kalyani Steels Limited has issued a reminder notice regarding the special window for transfer and dematerialization of physical securities sold or purchased before April 1, 2019. The window operates from February 5, 2026 to February 4, 2027, under SEBI regulations, allowing shareholders to lodge or re-lodge transfer requests. Transferred securities will be credited in demat mode only and subject to a one-year lock-in period with transfer restrictions.
16Apr 26
Kalyani Steels Limited Announces Second 100 Days Campaign 'Saksham Niveshak' for Shareholder KYC Updates
Kalyani Steels Limited has announced participation in the IEPF Authority's Second 100 Days Campaign 'Saksham Niveshak' running from April 1 to July 9, 2026. The campaign facilitates shareholders in updating KYC details including PAN, email, contact information, and bank details to ensure timely dividend receipt and prevent transfer to IEPF. The company published newspaper advertisements on April 16, 2026, and provided contact details for assistance through RTA MUFG Intime India Private Limited.
15Apr 26
Kalyani Steels Limited Confirms Non-Classification as Large Corporate Under SEBI Framework
Kalyani Steels Limited has confirmed to stock exchanges that it is not classified as a Large Corporate as on March 31, 2026, in compliance with SEBI circulars. The notification, signed by Company Secretary Mrs. D.R. Puranik and CFO B.M. Maheshwari on April 15, 2026, references SEBI's framework for fund raising through debt securities by Large Corporates.
06Apr 26
Kalyani Steels Limited Confirms Compliance with SEBI Dematerialization Regulations for Q4 FY26
Kalyani Steels Limited has confirmed compliance with SEBI dematerialization regulations for the quarter ended March 31, 2026, submitting the required certificate under Regulation 74(5) to stock exchanges. The company's RTA, MUFG Intime India Private Limited, verified that all dematerialization requests were processed within stipulated timelines and proper procedures were followed for security certificate handling.
31Mar 26
Kalyani Steels Completes 4.85% Stake Acquisition in Clean Renewable Energy
Kalyani Steels has successfully completed its strategic acquisition of 4.85% equity stake in Clean Renewable Energy KK 1B Private Limited for ₹2.94 crore. The transaction involved purchasing 1,034,453 equity shares at ₹28.37 per share, including a premium of ₹18.37 over the face value of ₹10.00. This investment enables Kalyani Steels to secure captive renewable power supply through the group captive scheme under the Electricity Act, 2003.
23Feb 26
Kalyani Steels Limited Receives SEBI Settlement Order, Pays ₹28.02 Crore
Kalyani Steels Limited has received a SEBI Settlement Order dated February 23, 2026, under which the company paid ₹28,022,150 and its Company Secretary Mrs. D.R. Puranik paid ₹9,555,000 to settle alleged violations of various SEBI regulations and LODR requirements. The company has stated that apart from these settlement payments, there are no other implications from the order.
03Feb 26
Kalyani Steels Limited Discloses Impact of Related Party Shareholders Agreement Under Regulation 30
Kalyani Steels Limited disclosed that related party Bharat Forge Limited executed a shareholders agreement on February 2, 2026, with PI Opportunities Fund I Scheme II. The agreement imposes non-compete restrictions on ferrous casting business in India for BFL Group entities, including Kalyani Steels, though international opportunities remain available subject to JS Auto Board approval. The company clarified it is not a direct party to the agreement and holds no shareholding in the involved entities.
03Feb 26
Kalyani Steels Q3FY26 Results: Revenue ₹4.62B, Net Profit ₹613M, EBITDA Margin Rises
Kalyani Steels Limited announced Q3FY26 results showing revenue of ₹4.62 billion and standalone net profit of ₹613 million, with EBITDA margin expanding to 19.8%. The company recorded exceptional items of ₹67 million due to new Labour Code implementation while maintaining strong operational efficiency despite revenue headwinds.
13Jan 26
Kalyani Steels Completes Acquisition of DGM Realities, Making it Wholly Owned Subsidiary
Kalyani Steels Limited has completed the acquisition of remaining 10,000 equity shares in DGM Realities Private Limited for ₹1.72 million, making it a wholly owned subsidiary with 100% shareholding. The real estate company owns strategic land near Bengaluru-Mysuru Highway that will support Kalyani Steels' business expansion plans. The transaction was completed on January 13, 2026, as a related party transaction conducted on arm's length basis.
30Dec 25
Kalyani Steels Completes ₹51.9 Crore Clean Energy Acquisition
Kalyani Steels Limited has successfully completed its strategic acquisition of 1,857,223 equity shares in Clean Renewable Energy KK 1A Private Limited for ₹51.9 crore, securing an 8.64% stake. The transaction, completed at ₹17.94 premium per ₹10 face value share, enables the steel manufacturer to establish captive renewable energy sourcing under the group captive scheme, supporting cost reduction and sustainability objectives.
26Dec 25
Care Ratings Reaffirms Kalyani Steels' Credit Ratings Across All Facilities
Care Ratings Limited reaffirmed Kalyani Steels Limited's credit ratings on December 26, 2025, maintaining CARE AA- Stable for long-term bank facilities, CARE A1+ for short-term bank facilities, and CARE A1+ for commercial paper. The reaffirmation was communicated to BSE and NSE as per SEBI listing regulations, indicating continued confidence in the company's creditworthiness and financial stability.
04Nov 25
Kalyani Steels Reports Decline in Q2 FY26 Revenue and Profit
Kalyani Steels Limited experienced a decline in financial performance for Q2 FY26. Revenue decreased by 7.32% to ₹4,560.69, while net profit fell 7.43% to ₹618.21 compared to Q2 FY25. EBITDA stood at ₹854.00, down from ₹961.00, with the EBITDA margin contracting to 18.73%. Raw material costs were ₹2,377.58, and manufacturing expenses totaled ₹673.30. The company's cash and cash equivalents decreased to ₹62.06 from ₹143.00 at the beginning of the period.
22Aug 25
Kalyani Steels Shareholders Approve Key Appointments and Remuneration Changes at 52nd AGM
Kalyani Steels Limited conducted its 52nd Annual General Meeting on August 22, 2025, via video conferencing. Shareholders approved re-appointments of Amit B. Kalyani and Sunita B. Kalyani as directors, and R.K. Goyal as Managing Director for a five-year term. The meeting also approved revised remuneration for Mr. Goyal and appointed M/s SVD & Associates as Secretarial Auditors. Financial statements were adopted and a dividend was approved. The company highlighted its focus on sustainability, including the launch of green steel brands KALYANI FeRRESTA™ and KALYANI FeRRESTA PLUS.
31Jul 25
Kalyani Steels Reports Q1 Profit Growth Despite Revenue Dip
Kalyani Steels Limited announced Q1 results with mixed performance. Revenue decreased 4.1% to ₹4,427.67 crore, but net profit rose 18.2% to ₹609.65 crore. EBITDA increased to ₹853.00 crore with margin expansion to 19.26%. Cost optimization efforts were evident with reduced raw material and other expenses. EPS improved to ₹13.97 from ₹11.81 year-over-year.
06May 25
Kalyani Steels Projects Steady Q1FY26 Performance Amid Global Challenges
Kalyani Steels anticipates Q1FY26 results to align with Q4FY25, where revenue was ₹544 crore and net profit ₹79 crore. The company reaffirms its goal to reach 1 million tonnes production capacity by FY29. Details about the Odisha project will be shared in H1FY26. Kalyani Steels maintains its growth strategy despite potential U.S. steel tariff impacts.
05May 25
Kalyani Steels Reports 27% Jump in Q4 Profit, Declares 200% Dividend
Kalyani Steels has announced strong Q4 results with revenue up 8% to ₹544.30 crore and net profit rising 27% to ₹79.20 crore year-over-year. EBITDA increased by 27% to ₹114.25 crore, with EBITDA margin expanding by 300 basis points to 21.00%. The company's board approved a 200% interim dividend of ₹10.00 per share.
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