Steel Authority of India (SAIL) Other Announcement
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.
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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.
SAIL has approved the re-appointment of M/s Shome & Banerjee, M/s Niran & Co., and M/s Narasimha Murthy & Co. as cost auditors for FY 2026-27.
SAIL filed its Annual Secretarial Compliance Report for FY 2025-26. The report details several regulatory non-compliances regarding board composition and committee requirements during the period.
Life Insurance Corporation of India (LIC) reduced its stake in Steel Authority of India Ltd (SAIL) by 2.061% through market sales between June 2023 and April 2026. LIC's holding decreased from 8.687% to 6.626% following the disposal of 8,51,42,438 equity shares. This significant institutional divestment reflects a shift in LIC's investment allocation in the steel major.