Mahamaya Steel Industries Ltd (MAHASTEEL) — Board Meeting | 31 August 2026 (4 announcements)

Mahamaya Steel Industries approved appointing Chopra A J & Associates as statutory auditors for five years, reappointing Vanitha Rangaiah as independent director until 2031, and raising borrowing and loan limits to Rs 900 crores pending shareholder approval, while finalizing AGM details for September 25, 2026.

Mahamaya Steel Industries Ltd (MAHASTEEL) will hold its 38th AGM on 25 September 2026 via video conference, with resolutions covering adoption of FY2026 financial statements, re-appointment of directors including Suresh Raman and Vanitha Rangaiah, approval of material related party transactions totaling up to Rs. 175 Crores, and authorization of loans up to Rs. 125 Crores from related parties for a solar project. The filing also details procedural requirements for e-voting via NSDL and shareholder communication protocols.

Mahamaya Steel Industries announced board meeting outcomes on 31 August 2026, approving the appointment of Chopra A J & Associates as statutory auditors for five years, reappointing Ms Vanitha Rangaiah as independent director for a second term until 2031, increasing borrowing and loan limits to Rs 900 crores and Rs 300 crores respectively pending shareholder approval, and finalizing AGM details for 25 September 2026 via video conference with remote e-voting from 22 to 24 September, closing the register of members on 19 September.

Mahamaya Steel Industries announced the appointment of Chopra A J & Associates as statutory auditors for five years starting after the 38th AGM, reappointment of Vanitha Rangaiah as an independent director for a second term until 2031, and shareholder approval requirements for increased borrowing and loan limits up to Rs 900 crores and Rs 300 crores respectively, along with approval of the AGM notice and related documents.