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.
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- ₹39.69 Cr
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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.