Newmalayalam Steel Ltd

NSE: NMSTEEL · Metals & Mining · 15 announcements

Share price: ₹23.30
Market cap: ₹40.28 Cr
Revenue (annual): ₹319.9 Cr
Net profit (annual): ₹7.01 Cr
P/E (TTM): 5.8×Sector 18.2×
Promoter holding: 73.02%
FII holding: 0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

Announcement type

All Management Change 4 Other Announcement 3 Financial Results 2 Production Started 1 Merger & Restructuring 1 Fund Raise 1 Board Meeting Outcome 1 Board Meeting Date 1 Acquisition 1

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1 announcement with these filters

8 Apr 2026 16:49 IST NSE

Fund Raise

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

Read the filing ↗