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Steelcast board approves capacity addition

29 Jul 2026 Evaluate
Steelcast has informed that the meeting of the Board of Directors of the Company was held on 29th July, 2026 at Efcee Sarovar Premiere - Sarovar Hotels, Iscon Mega City, Opp. Victoria Park, Bhavnagar, Gujarat 364002. The meeting commenced at 15:00 Hours and concluded at 16:00 Hours. The Board has considered, approved and taken on record the Unaudited (Standalone) Financial Results for the quarter ended 30th June, 2026 as enclosed; Approved setting up of Greenfield Foundry with a capacity of 8500 Tons towards the addition to the existing installed capacity of 29000 Tons with an investment of Rs 120 Crores. The details under Regulation 30 (6) read with Para B (3) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) and SEBI Circular No. SEBI/HO/CFD/CFD-PoD 1/P/CIR/2023/123 dated 13 July 2023 are enclosed as Annexure - A; Declared First Interim Dividend for FY 2026-27 at Rs 0.45 per equity share of Re 1 each (i.e. 45%) which will be paid within 30 days of the date of declaration i.e. on or before 28th August, 2026; and Fixed 07.08.2026 as the Record Date for the purpose of First Interim Dividend for FY 2026-27.

The above information is a part of company’s filings submitted to BSE.

Steelcast Share Price

351.45 -2.65 (-0.75%)
14-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
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