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Outcome of Board Meeting

Filed: 13 Aug 2026, 12:55 IST Exchange: NSE Category: Corporate Action — Land Acquisition for Solar Plant
Acquisition of ~350 acres land in Janjgir-Champa, Chhattisgarh for Rs 70 Cr approved to set up solar power plant for captive use. This aligns with renewable energy initiative to reduce power costs in steel manufacturing. Approvals to be obtained; completion expected by July 2027.
Source: Original filing PDF — view on exchange portal
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Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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Important. The summary above is generated automatically from Mahamaya Steel Industries Ltd's own public regulatory filing under SEBI LODR. Indian Stock Alerts is not a SEBI-registered Research Analyst or Investment Adviser. This page is informational, not investment advice, a recommendation to buy or sell any security, or any opinion about the company's business, governance or financial health. Always read the original filing before acting and consult a registered adviser for investment decisions.