Nova Iron & Steel Debt & Borrowing: ₹39.69 Cr
Nova Iron & Steel satisfied a ₹39.69 Crore charge held by Essenn Investments, effective 20 Aug 2026. The release was filed with the Registrar of Companies.
- Value
- ₹39.69 Cr
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33 announcements
Nova Iron & Steel satisfied a ₹39.69 Crore charge held by Essenn Investments, effective 20 Aug 2026. The release was filed with the Registrar of Companies.
Nova Iron & Steel Ltd reported revenue from operations of ₹67.5 Cr (-40.3% YoY) and net profit of ₹0.9 Cr (-59.1% YoY) for Q1 FY27.
Nova Iron & Steel Ltd reported revenue from operations of ₹135.8 Cr (+43.4% YoY) and a net loss of ₹5.3 Cr for Q4 FY26.
Nova Iron & Steel Ltd has scheduled a board meeting for September 9, 2026, to consider and approve the audited financial results for the period ended March 2026.
Nova Iron & Steel Ltd informed the exchange of a delay in submitting Unaudited Financial Results for the quarter ended June 2026, citing pending annual audit finalization.
The Hon'ble NCLT, Cuttack Bench, has dismissed the insolvency application filed against Nova Iron and Steel Limited, citing failure to establish financial debt or default.
Nova Iron & Steel appointed Mrs. Palak Jindal as an Additional Independent Director. The company also disclosed delays in filing its March 2026 financial results.
Nova Iron & Steel Ltd received another Provisional Attachment Order from the Enforcement Directorate dated August 07, 2026. The Company is examining legal options.
Nova Iron & Steel Ltd filed its quarterly shareholding pattern as of June 30, 2026. The filing details the distribution of equity shares among promoters and public shareholders.
Aromatic Steel Private Limited, a promoter group member, acquired 33,31,000 shares via inter-se transfer. This ₹3.66 Crore transaction increased their stake from 9.46% to 18.67%.
Nilanchal Investments Private Limited, a promoter group entity, disposed of its entire 9.22% stake in Nova Iron & Steel Limited. This was an off-market inter-se transfer.
Aromatic Steel Private Limited acquired a 9.22% stake in Nova Iron & Steel via off-market inter-se transfer. Promoter holding increased from 9.46% to 18.67%.
Olympian Finvest Private Limited acquired 94,000 shares of Nova Iron & Steel Ltd at Rs.11 each, amounting to approximately ₹0.10 Crore. The purchase raises its stake to 12.92%.
Promoter group entity Olympian Finvest acquired 1,88,000 shares for ₹0.21 Crore via an off-market transaction. This increased their stake from 12.14% to 12.66%.
Nova Iron & Steel received Provisional Attachment Order No.17/2026 from the ED. The company says it has no material operational impact and will contest the order.
Olympian Finvest acquired 44.8L shares in Nova Iron & Steel for Rs.4.93 Cr. The off-market deal raises its stake to 12.66%, signaling promoter consolidation.
Promoter group member Olympian Finvest bought shares off-market for Rs.4.72 Cr. This increased its stake from 0.26% to 12.14%.
Reward Capital Service Pvt Ltd, a promoter, sold 42,91,675 shares in Nova Iron & Steel Ltd. The off-market inter-se transfer reduced its stake from 11.88% to 0%.
Olympian Finvest, a promoter entity, acquired 42.92 lakh shares in Nova Iron & Steel via off-market transfer. This increased its stake from 0.26% to 12.14%.
Nova Iron & Steel received a Provisional Attachment Order from the ED, New Delhi. The company is currently evaluating the order for legal recourse.
Promoter groups Vintage Steel and Titanic Steel acquired 32.38 million shares of Nova Iron & Steel at Rs 11 each. The transaction values approximately ₹35.62 Crore.
Nova Iron & Steel received reclassification requests from three promoters holding nil shares. The board will consider their reclassification from promoter to public category.
Promoter group entities acquired 32,73,600 shares off-market for ₹3.60 Crore, increasing their stake to 12.55%. This signals promoter confidence in Nova Iron & Steel.
Ms. Kusum Naruka resigned as Independent Director from Nova Iron and Steel Limited effective June 3, 2026. Her departure follows professional commitments with no other material reasons.
Nova Iron & Steel promoter Aniket Singal sold 32,73,600 shares via an off-market transaction valued at ₹3.60 Crore. The sale reduces his personal equity holding.
Promoter Aniket Singal transferred 32,73,600 shares of Nova Iron & Steel Limited via an off-market inter-se transfer. This internal group restructuring leaves his post-transaction holding at Nil.
Nova Iron & Steel promoters completed an internal transfer of 32,73,600 shares valued at ₹3.60 Crore. This inter-se restructuring maintains aggregate promoter-group shareholding.
Nova Iron & Steel Ltd has announced a delay in submitting its Audited Financial Results for FY26. The delay is attributed to ongoing audit processes and previous reporting lags.
Nova Iron and Steel Limited's board approved shifting its registered office within local limits. The board also addressed delays in submitting audited financial results for FY2026.
Nova Iron & Steel Ltd promoters plan an internal inter-se transfer of 32,83,600 equity shares at ₹11 each. Totaling ₹3.61 Crore, this restructuring consolidates promoter group holdings.