Steel Authority of India (SAIL) Partnership
SAIL signed an MoU with Bharat Coking Coal Limited for joint development and operation of specific coal blocks in West Bengal.
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SAIL signed an MoU with Bharat Coking Coal Limited for joint development and operation of specific coal blocks in West Bengal.
SAIL held its 54th AGM on September 24, 2026, approving financial statements, director appointments, and a final dividend of Rs. 2.35 per share.
SAIL reported Q1 FY27 Revenue of Rs. 26,010 crore with PAT at Rs. 1,636 crore. EBITDA margin improved to 16.7% vs 12.0% in Q4 FY26.
India Ratings and Research has revised the credit ratings for Steel Authority of India's various debt instruments and bank loan facilities. The rating actions were disclosed to exchanges.
Life Insurance Corporation of India reduced its stake in Steel Authority of India Ltd from 6.625% to 4.625%. The open market sale involved 82,632,513 shares.
Steel Authority of India Limited has released its Business Responsibility & Sustainability Report for FY 2025-26. This document serves as a periodic regulatory compliance disclosure.
Steel Authority of India Ltd has issued a notice convening its 54th Annual General Meeting on 24th September 2026, alongside its Annual Report for FY 2025-26.
Shri Ashish Chatterjee has ceased to hold the charge of Government Nominee Director at Steel Authority of India Limited, effective August 24, 2026.
Steel Authority of India Limited scheduled its 54th AGM for September 24, 2026. The record date for the Rs. 2.35 final dividend is September 30, 2026.
SAIL clarified that it is in preliminary stages of exploring various fundraising options like FPO/QIP for its capital expenditure needs.