Steelcast Limited (STEELCAS) — Board Meeting

📢 Key Event
Board approved audited financial results, final dividend, and re-appointment of directors for Steelcast Limited.

🔄 What Changed
Approved audited standalone financial results for Q4 and FY 2025-26; recommended final dividend of Rs 0.54 per share; re-appointed Mr. Chetan M Tamboli as Managing Director for five years effective 1 September 2026; revised term end of Mr. Hemant D Dholakia to 28 June 2030; scheduled 55th AGM for 29 July 2026.

🔮 What's Next
The 55th Annual General Meeting is scheduled for 29 July 2026 at 16:00 Hours in Bhavnagar, where shareholder approvals for director re-appointments and dividend payment will be sought.

💡 Investor Takeaway
Shareholders must approve the dividend and director re-appointments at the upcoming AGM, which may influence stock price through dividend yield and governance continuity.

Steelcast Limited announced the outcome of its 295th Board meeting held on 30 May 2026, approving audited standalone financial results for the quarter and year ended 31 March 2026, declaring a final dividend of Rs 0.54 per share (54% of face value) for FY 2025-26, and setting the 55th AGM for 29 July 2026 in Bhavnagar. The Board also approved the re-appointment of Mr. Chetan M Tamboli as Managing Director for five years effective 1 September 2026, subject to shareholder approval at the AGM, and revised the term end date of Mr. Hemant D Dholakia, Non-Executive Independent Director, from 31 July 2030 to 28 June 2030, also pending AGM approval.

📄 View Original Announcement (PDF)

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