Newmalayalam Steel Ltd

Newmalayalam Steel Management Change

Newmalayalam Steel Limited announced the resignation of Mr. Shravan Kannan Dev as Company Secretary and Compliance Officer, effective September 15, 2026.

Newmalayalam Steel Production Started

Newmalayalam Steel announced the commencement of commercial operations at its subsidiary, Prime NMS Private Limited, located in Udupi, Karnataka, effective September 10, 2026.

Newmalayalam Steel Management Change

Newmalayalam Steel Limited has re-appointed its Internal, Cost, and Secretarial auditors, each for a term of 12 months, effective September 2, 2026.

Newmalayalam Steel Other Announcement

Newmalayalam Steel Limited announced the re-appointment of its Secretarial, Cost, and Internal auditors for FY 2026-27. This is a routine regulatory compliance disclosure.

Newmalayalam Steel Board Meeting Outcome

Newmalayalam Steel Limited held a board meeting approving the Directors' Report, auditor re-appointments, and material related party transactions. The company also finalised its AGM notice.

Newmalayalam Steel Other Announcement

Newmalayalam Steel Limited filed its annual SDD Compliance Certificate for FY 2025-26. The company confirmed full compliance with SEBI insider trading database regulations.

Newmalayalam Steel H2 FY26 Results: Net Profit ₹2.8 Cr, Down 33.3% QoQ

Newmalayalam Steel Ltd reported revenue from operations of ₹157.7 Cr and net profit of ₹2.8 Cr for H2 FY26.

Key figure

Net profit ₹2.8 Cr

Newmalayalam Steel Financial Results

Newmalayalam Steel Limited reported a total annual income of ₹322.56 Crore for FY26. The board approved audited results showing significant growth in standalone net profits.

Value

₹322.6 Cr

Newmalayalam Steel Board Meeting Date

Newmalayalam Steel Limited scheduled a board meeting on May 27, 2026, to approve audited annual financial results. Trading window remains closed until May 29, 2026.

Newmalayalam Steel Acquisition Worth ₹1.5 Cr

Newmalayalam Steel Limited acquired a stake in Prime NMS Private Limited for ₹1.50 Crore through a rights issue. Prime NMS is a newly incorporated company focused on steel manufacturing and metal processing. This strategic investment expands Newmalayalam Steel's footprint in the engineering and manufacturing sector.

Value

₹1.50 Cr

Execution

Allotment made on 2026-04-13

Newmalayalam Steel Merger & Restructuring Worth ₹1.5 Cr

Newmalayalam Steel Limited invested ₹1.50 Crore in its subsidiary, Prime NMS Private Limited, via a rights issue. The company acquired 1,50,000 shares at par, increasing its total stake to 91.76%. This capital infusion supports the subsidiary's operations in manufacturing and engineering.

Value

₹1.50 Cr

Newmalayalam Steel Other Announcement

Newmalayalam Steel Limited informed the exchange that Corporate Governance provisions under SEBI Regulation 15(2) are not applicable as it is listed on the SME Exchange. Consequently, the company is not required to submit a Corporate Governance Report for the quarter ended March 31, 2026.

Newmalayalam Steel Management Change

Newmalayalam Steel Limited has appointed Mr. Avinash P V as Chief Financial Officer, effective April 8, 2026. A Chartered Accountant with 12 years of experience, he brings expertise in financial reporting and internal controls. This leadership addition strengthens the company's corporate governance and manufacturing-sector financial management.

Newmalayalam Steel Fund Raise of ₹1.9 Cr

Newmalayalam Steel Limited's board approved an investment of up to ₹1.9 crore in the rights issue of its subsidiary, Prime NMS Private Limited. The company will subscribe to its full entitlement and potentially any unsubscribed portion. This strategic investment supports the capital requirements of its recently incorporated manufacturing subsidiary.

Value

₹1.90 Cr

Newmalayalam Steel Management Change

Newmalayalam Steel Limited has appointed Mr. Avinash P V as Chief Financial Officer and Key Managerial Personnel effective April 8, 2026. Mr. Avinash is a Chartered Accountant with 12 years of experience in finance and statutory compliance. This leadership update strengthens the company's financial management and corporate governance.