Newmalayalam Steel Ltd

NSE: NMSTEEL · Metals & Mining · 15 announcements

Share price: ₹23.80
Market cap: ₹41.14 Cr
Revenue (annual): ₹319.9 Cr
Net profit (annual): ₹7.01 Cr
P/E (TTM): 5.9×Sector 18.4×
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

Time

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1 announcement with these filters

13 Apr 2026 20:42 IST NSE

Merger & Restructuring

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

Read the filing ↗