Latest news about Tulsyan NEC
Tulsyan NEC
28.70
+1.06(+3.84%)
Company Performance:
View Company Insights1D+3.84%
1M+0.91%
6M+37.78%
1Y-20.21%
5Y+43.50%
More news about Tulsyan NEC
22May 26
Tulsyan NEC board to meet on May 30 to consider FY26 results
Tulsyan NEC Limited will hold a board meeting on May 30, 2026, via video conferencing to approve the audited financial statements and results for the financial year and quarter ended March 31, 2026. The trading window for the company's securities is closed until June 1, 2026, and will reopen on June 2, 2026.
08May 26
Tulsyan NEC Limited Whole Time Director Mr. S Chandrasekaran Resigns with Effect from May 8, 2026
Tulsyan NEC Limited has disclosed the resignation of Mr. S Chandrasekaran (DIN: 10207445) as Whole Time Director, effective May 8, 2026, due to personal and unavoidable circumstances. Mr. Chandrasekaran confirmed that there are no material reasons for his resignation beyond those mentioned in his resignation letter. The intimation was filed with BSE pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed off by Company Secretary and Compliance Officer Ms. Parvati Soni.
02May 26
Tulsyan NEC Limited Secures Rs.50 Crores Credit Facility Through Land Mortgage for Coal and Steel Operations
Tulsyan NEC Limited's board approved execution of a registered mortgage on 31.86 acres of unused land in Tamil Nadu to secure Rs.50 crores credit facility. The arrangement supports coal supply operations under Shakti Policy, 2025 and enhanced steel production following 110 KVA electricity line completion. The credit facility covers goods, services, logistics, supply chain support and advance payments, with additional security through Managing Director's personal guarantee.
08Apr 26
Tulsyan NEC Limited Submits SEBI Compliance Certificate for Q4 FY26
Tulsyan NEC Limited has filed its certificate under SEBI Regulation 74(5) for Q4 FY26, submitted to BSE on April 7, 2026. The filing confirms compliance with dematerialization procedures, with registrar Cameo Corporate Services validating proper handling of securities and adherence to regulatory timelines.
21Mar 26
Tulsyan NEC Limited Adds Technical Capacity Clause to Power Purchase Agreement
Tulsyan NEC Limited has filed an addendum under SEBI Regulation 30 regarding its Power Purchase Agreement with Manikaran Power Limited for supplying 60 MW RTC power to TNPDDL. The addendum clarifies that the contract award is based on the company's technical capacity as generator with appropriate State Electricity Grid connectivity, and specifies that supply sources cannot be altered without prior company consent.
18Dec 25
Tulsyan NEC Limited Completes Land Sale Worth ₹2.33 Crores in Chennai
Tulsyan NEC Limited has sold its 638 square meter property in Chennai's Iron and Steel Market Complex for ₹2.33 crores. The sale to Sekar Steel Syndicate was completed and registered on December 18, 2025. The company has received full payment for the transaction, which complies with SEBI regulations and is not a related party transaction. This sale is part of the company's asset optimization strategy.
13Nov 25
Tulsyan NEC Reports Widened Q2 Loss Amid Revenue Growth
Tulsyan NEC Limited's Q2 FY2025 results show revenue growth of 35.57% to ₹2,447.29 crore, but net loss increased by 45.37% to ₹692.85 lakhs. Finance costs more than doubled to ₹1,736.67 lakhs. The company operates in steel, synthetic, and power sectors. For H1, net loss widened to ₹1,693.20 lakhs from ₹437.33 lakhs in the previous year. The Board of Directors approved these unaudited results on November 12.
07Nov 25
Tulsyan NEC Limited Defaults on NCD Interest Payment of Rs. 2.52 Crores
Tulsyan NEC Limited (BSE: 513629) has defaulted on interest payment of Rs. 2.52 Crores for its Non-Convertible Debentures (NCDs) due on November 6, 2025. The default affects unlisted, unrated, secured and redeemable NCDs held by two investors. The company's total NCD issuance stands at Rs. 269.00 Crores, with total financial indebtedness of Rs. 288.84 Crores. Tulsyan NEC has stated it is making efforts to pay the overdue amount as soon as possible.
18Sept 25
Tulsyan NEC Limited Shareholders Approve Key Appointments at 78th AGM
Tulsyan NEC Limited's 78th Annual General Meeting saw shareholders approve several important appointments. Mr. Sanjay Agarwalla was reappointed as a Director liable to retire by rotation. Mr. Somasundaram Ponsing Mohan Ram was reappointed as an Independent Director for a second five-year term. M/s. M Damodaran & Associates LLP was appointed as the company's Secretarial Auditors for a five-year term with an annual fee of Rs. 67,000.00 plus taxes and expenses.
28Jul 25
Tulsyan NEC Limited Forfeits 205,259 Partly Paid-Up Equity Shares
Tulsyan NEC Limited, listed on BSE, has received approval to forfeit 205,259 partly paid-up equity shares due to shareholders' failure to pay the balance allotment or call money. The forfeited shares include 94,815 shares at Rs. 6.00 per share and 110,444 shares at Rs. 3.00 per share. This action follows a Last and Final Reminder-Cum-Forfeiture Notice issued on February 27, 2023. The BSE provided forfeiture approval through a letter dated July 28, 2025. The company has informed the stock exchange in compliance with SEBI regulations.
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