Latest news about Shyam Century Ferrous
Shyam Century Ferrous
4.96
-0.01(-0.20%)
Company Performance:
View Company Insights1D-0.20%
1M-2.17%
6M+4.42%
1Y-36.25%
5Y0.00%
More news about Shyam Century Ferrous
07Apr 26
Shyam Century Ferrous Limited Submits Q4 FY26 Compliance Certificate to Stock Exchanges
Shyam Century Ferrous Limited filed its quarterly compliance certificate with NSE and BSE for Q4 FY26, confirming adherence to SEBI depositories regulations. The certificate, issued by registrar Maheshwari Datamatics on April 2, 2026, validates proper dematerialization processes and share transfer procedures for the quarter ended March 31, 2026.
10Feb 26
Shyam Century Ferrous Limited Shareholders Approve Asset Disposal Through Postal Ballot
Shyam Century Ferrous Limited shareholders overwhelmingly approved the disposal of substantially whole assets through postal ballot on February 10, 2026. The special resolution received 99.97% votes in favour, with 213 members representing 152,097,210 equity shares participating in the e-voting process. The voting was conducted exclusively through NSDL's remote e-voting platform from January 11 to February 9, 2026, with scrutinizer Raj Kumar Bonthia certifying the results as valid and passed by requisite majority.
06Feb 26
Shyam Century Ferrous Reports Q3FY26 Net Loss of ₹613.83 Lakhs Amid Plant Closure
Shyam Century Ferrous Limited reported a net loss of ₹613.83 lakhs for Q3FY26 compared to a profit of ₹6.33 lakhs in Q3FY25, with revenue declining 97.44% to ₹83.69 lakhs. The company ceased plant operations in May 2025 due to unviable power tariffs and has received Board approval to dispose of substantially all assets subject to shareholder consent. Nine-month losses widened to ₹937.05 lakhs from ₹493.30 lakhs in the previous year.
07Jan 26
Shyam Century Ferrous Board Approves Asset Disposal and Authorizes Postal Ballot
Shyam Century Ferrous Limited's board of directors has given in-principle approval for the disposal of substantially all company assets including plant & machinery, furniture & fixtures, and manufacturing rights. The company, with a turnover of ₹1,131.46 crores and net worth of ₹1,062.13 crores as of March 31, 2025, has authorized a postal ballot process to seek shareholder approval under Regulation 37A of SEBI listing regulations.
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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