Southern Magnesium & Chemicals Ltd (513498)
·Next Day Close·+0.3%·₹80.24
Key EventTrading window closed for insiders until September 30, 2026
Southern Magnesium & Chemicals Ltd (513498)
·Next Day Close·-1.75%·₹74.26
Key EventNotice of 40th AGM published via newspaper ads on September 4, 2026
ImpactShareholders must verify eligibility for remote e-voting by September 18, 2026 and update contact details to participate in the virtual AGM.Sign up to read impact
Southern Magnesium & Chemicals Ltd (513498)
·Next Day Close·-4.82%·₹75.58
Key EventAGM scheduled for September 30, 2026, with re-designation of Nuthakki Rajender Prasad as Managing Director and CFO.
ImpactThe company's profitability has sharply declined, with no dividend declared and internal controls confirmed adequate but financial performance weakened.Sign up to read impact
Southern Magnesium & Chemicals Ltd (513498)
·Next Day Close·-4.82%·₹75.58
Key EventBoard seeks shareholder approval to re-designate Nuthakki Rajender Prasad as Managing Director and CFO effective 12.11.2025 for tenure up to August 2028.
ImpactThe sharp profit decline signals ongoing operational headwinds; investors should monitor customer order recovery and execution of the new MD-CFO’s strategy.Sign up to read impact