Panchmahal Steels Share Price Today

Panchmahal Steel files appeal before GSTAT Ahmedabad against tax order

Panchmahal Steel Limited filed an appeal before the GSTAT, Ahmedabad. The appeal challenges orders by the Deputy Commissioner of State Tax, Vadodara. Disputes relate to Sections 73 and 74 of the CGST Act, 2017. Disclosure made under Regulation 30 of SEBI Listing Regulations, 2015.

Panchmahal Steel AGM sees 99% support for all five resolutions

All five resolutions at Panchmahal Steel's 53rd AGM passed with over 99% support. Promoter group voted 13,712,809 shares in favour; public non-institutions voted 2,234,833 shares. Only six votes were cast against any resolution across all categories. Voting conducted exclusively via remote e-voting on CDSL platform.

Panchmahal Steels wins Rs 38.7 crore order from Bhel

Panchmahal Steels wins a confirmed Rs 38.7 crore work order from Bhel for SS wire supply. TTM revenue is zero, making this order a critical catalyst for future revenue visibility. No prior order history exists in the last three quarters, establishing a new baseline. Valuation at 142.7x P/E vs 3.9% ROCE suggests high expectations for execution.

Panchmahal Steel sets Sept 25 AGM date, updates e-voting schedule

Panchmahal Steel confirms 53rd AGM on September 25, 2026, via video conferencing. Remote e-voting runs from September 22 to September 24, 2026. Company reports FY26 turnover of ₹387.22 crore but posts net loss of ₹2.26 crore. Shareholders to vote on CMD reappointment and director retention. Letters with web-links sent to shareholders lacking registered email addresses.

Panchmahal Steel FY26 Results: Net loss widens 168% to ₹2.26 crore

Net loss widened to ₹2.26 crore in FY26, reversing prior year's profit of ₹3.33 crore. Loss primarily driven by a ₹2.79 crore tax credit reversal rather than operational decline. Revenue from operations remained stable at ₹3,842.41 crore, up 0.3% YoY. Debt-equity ratio improved to 0.23 times due to lower working capital utilization. Cash generated from operations stood at ₹280.23 crore, highlighting strong liquidity.

Panchmahal Steel to hold 53rd AGM via VC on Sep 25

Panchmahal Steel Limited announced its 53rd AGM scheduled for September 25, 2026, via Video Conferencing. The company published notices in Business Standard and Loksatta-Jansatta on August 8, 2026, adhering to SEBI LODR Regulations and MCA circulars. Shareholders can vote electronically between September 22 and September 24, with a cut-off date of September 18, 2026.