Latest news about Shyam Century Ferrous
Shyam Century Ferrous
5.16
-0.12(-2.27%)
Company Performance:
View Company Insights1D-2.27%
1M+12.66%
6M-12.24%
1Y-41.10%
5Y-38.20%
More news about Shyam Century Ferrous
28Nov 25
Mahabir Prasad Agarwal and Associates Reduce Stake in Shyam Century Ferrous Limited
Mahabir Prasad Agarwal and persons acting in concert (PACs) have reduced their stake in Shyam Century Ferrous Limited from 21.29% to 19.21%. They sold 44,07,957 shares through open market transactions between December 12, 2024, and November 24, 2025. The company's equity share capital remains unchanged at 21,21,72,990 shares. This disclosure was made in compliance with SEBI regulations for substantial acquisition of shares and takeovers.
04Nov 25
Shyam Century Ferrous Reports Q2 Loss Amid Plant Closure, Explores Revival Measures
Shyam Century Ferrous Limited (SCFL) reported a net loss of ₹328.29 lakh for Q2 2023, an improvement from ₹636.84 lakh loss in Q2 2022. Total income decreased by 70.30% to ₹1,018.10 lakh, with revenue from operations falling 77.24% to ₹722.63 lakh. The company ceased operations at its Meghalaya plant on May 7, 2023, due to increased power tariffs. Management is evaluating restructuring and revival measures. Despite challenges, SCFL maintains a strong balance sheet with total equity of ₹16,953.95 lakh as of September 30, 2023.
23Sept 25
Shyam Century Ferrous Limited Shareholders Approve Key Appointments at 14th AGM
Shyam Century Ferrous Limited held its 14th Annual General Meeting on September 23, 2025, via video conferencing. Shareholders approved several appointments including Mr. Ghanshyam Agarwal as Non-Executive Director, reappointment of Mr. Nirmalya Bhattacharyya as Independent Director for a second five-year term, and M/s. MKB & Associates as Secretarial Auditors for five years. The AGM also saw the adoption of financial statements, reappointment of Mr. Aditya Vimalkumar Agrawal as Director, ratification of Cost Auditors' remuneration, and approval of related party transactions. E-voting facilities were provided through NSDL, with results to be announced within two working days.
08Aug 25
Shyam Century Ferrous Reports ₹402.80 Lakh Net Loss in Q1, Ceases Plant Operations
Shyam Century Ferrous Limited reported a net loss of ₹402.80 lakh for Q1 FY24, up from ₹270.05 lakh in Q1 FY23. Revenue from operations declined 47.32% YoY to ₹1,419.46 lakh. The company ceased operations at its Meghalaya plant due to increased power tariffs. Despite operational challenges, total comprehensive income was positive at ₹675.50 lakh, primarily due to changes in fair value of investments. The board appointed Ghanshyam Agarwal as Additional Director and re-appointed Nirmalya Bhattacharyya as Independent Director.
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998.80
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297.90
(+2.72%)
163.40
(-2.39%)
87.00
(+3.57%)
139.85
(+2.76%)
5.16
(-2.27%)
38.96
(-1.96%)
47.48
(+9.43%)
2.84
(+1.07%)
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