Kalyani Steels Share Price Today

Kalyani Steels seeks shareholder nod for Ajay Kirtane appointment

Kalyani Steels seeks shareholder approval for Ajay Kirtane's appointment as independent director. E-voting opens September 19, 2026, and closes October 18, 2026. Mr. Kirtane brings over 34 years of experience in financial management and M&A. Postal ballot notice was dispatched electronically on September 17, 2026.

Kalyani Steels appoints Ajay Kirtane as additional independent director

Ajay Kirtane appointed as additional independent director for five years. Term runs from September 7, 2026 to September 6, 2031. Appointment requires shareholder approval via postal ballot. Kirtane has over 34 years of experience in financial management.

Kalyani Steels AGM results: Shareholders approve dividend, reappoint directors

All seven AGM resolutions passed, including FY26 financials and dividend declaration. Promoter group voted 100% in favour across all resolutions. Public institutions opposed reappointment of M.U. Takale (62.31% against) and B.N. Kalyani (53.14% against). Total valid votes polled stood at 34.42 million, representing 78.85% participation.

Kalyani Steels fined ₹28.2 lakh by exchanges for board composition lapse

Kalyani Steels fined ₹28.2 lakh total by NSE and BSE for board composition lapses. Violations covered quarters ended Dec 2025, Mar 2026, and Jun 2026 under Reg 17(1). Company paid ₹1.29 lakh to NSE and ₹1.53 lakh to BSE on Aug 26, 2026. Two new independent directors were appointed in May and June 2026 to rectify the issue.

Kalyani Steels Q1FY27 net profit rises 11% YoY on steady demand

Kalyani Steels reported a 10.90% YoY rise in standalone net profit to ₹676.06 million for Q1FY27, driven by 4.90% revenue growth to ₹4,645.80 million. Consolidated PAT grew 10.60% to ₹682.49 million, with EBITDA margin expanding by 41 basis points to 19.67%.

Kalyani Steels shareholders approve Vartika Shukla as independent director

Kalyani Steels Limited shareholders have overwhelmingly approved the appointment of Ms. Vartika Shukla as an Independent Director through a postal ballot process. The special resolution received support from 34,398,217 shares, representing 99.96% of valid votes cast. Ms. Shukla, who meets independence criteria under Section 149(6) of the Companies Act, 2013, will hold office for five years from June 24, 2026.