Jindal Saw Ltd. reported consolidated FY26 total income of ₹17,986.9 Crore with a PAT of ₹925.3 Crore. The company maintained a standalone order book of ~$1,317 million. Despite geopolitical challenges in the MENA region impacting exports, the company is progressing with strategic projects in the UAE and Saudi Arabia.
Jindal Saw Limited submitted its Security Cover Certificate for the quarter ended March 31, 2026, as required by SEBI Regulations. The certificate, issued by statutory auditors Price Waterhouse Chartered Accountants LLP, confirms maintenance of asset cover for the company's listed Non-Convertible Debentures.
Jindal Saw Limited has entered into an agreement for the sale or disposal of a unit, division, or subsidiary. The transaction is conducted at arm's length with no promoter interest. The expected completion date is tentatively set for March 31, 2027, as part of an internal restructuring or divestment strategy.
Jindal Saw Limited recommended a final dividend of Rs. 2 per equity share for FY 2025-26. The record date is set for May 22, 2026, with payment expected by June 28, 2026, subject to shareholder approval at the AGM scheduled for May 29, 2026.
Jindal Saw Limited's board approved the appointment of Dr. Ashutosh Karnatak as an Independent Director for a five-year term. The company also appointed Deloitte Haskins and Sells as Internal Auditors and R J Goel and Co as Cost Auditors for 12 months. These appointments aim to strengthen corporate governance and audit oversight.
Jindal Saw Limited will hold its 41st Annual General Meeting on May 29, 2026, at 11:30 a.m. via video conferencing. The company will transact business as per the upcoming notice and dispatch its annual report for FY 2025-26 in due course.
Jindal Saw Limited's Board has approved the in-principle disposal or liquidation of its 100% Cyprus-based subsidiary, Raleal Holdings Limited. The subsidiary reported a negative net worth of approximately ₹107.39 Crore as of March 31, 2026. This move aligns with the company's strategy to address non-performing or insolvent offshore entities.
Jindal Saw Ltd's Board approved setting up an additional LSAW pipe manufacturing plant in Saudi Arabia. The facility, operated through its joint venture Jindal Saw & Buhur Altavision Co., aims to meet rising pipe demand. This follows a previous approval for a helical spiral welded pipe project in the region.
Jindal Saw Limited appointed Mr. Ashutosh Karnatak as an Additional (Independent) Director effective April 27, 2026. The Board also appointed M/s. R J Goel & Co. as Cost Auditors and M/s Deloitte Haskins and Sells LLP as Internal Auditors for the 2026-27 financial year.
Jindal Saw Ltd has fixed May 22, 2026, as the record date for its 41st Annual General Meeting and the payment of dividend, if declared. The announcement provides crucial dates for shareholders to determine eligibility for the upcoming dividend payout.
Jindal Saw Limited's Board has recommended a dividend of Rs. 2 per equity share (face value Re. 1) for the financial year ended March 31, 2026. The recommendation is subject to shareholder approval at the upcoming general meeting.
Jindal Saw Limited reported audited standalone and consolidated financial results for the year ended March 31, 2026. Standalone revenue from operations stood at ₹14,620.13 Crore with a net profit of ₹783.98 Crore. The board recommended a dividend of ₹2 per equity share. Statutory auditors issued an unmodified opinion on the results.
Jindal Saw Limited has scheduled a board meeting on April 27, 2026, to approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a final dividend for the financial year. Trading windows remain closed until April 29, 2026.
Jindal Saw Ltd has scheduled a Board Meeting on April 27, 2026, to consider and approve audited standalone and consolidated financial results for the year ended March 31, 2026. The board will also consider recommending a dividend. Consequently, the trading window for designated persons remains closed until 48 hours after the results disclosure.
Jindal Saw Limited submitted its annual centralized database update for NCDs for FY2026. The filing details interest payments totaling approximately ₹42.50 Crore on a ₹500 Crore NCD issue (ISIN: INE324A07179). It also reaffirms the company's 'CARE AA' and 'BWR AA' credit ratings, indicating stable financial health.
Jindal Saw Limited submitted its half-yearly ISIN disclosure for debt securities as per SEBI regulations. The filing confirms an outstanding debt of ₹500 Crore issued in March 2021 at an 8.5% interest rate, maturing in 2031.
Jindal Saw Ltd submitted its quarterly compliance certificate under Regulation 74(5) of SEBI DP Regulations for the period ended March 31, 2026. The Registrar and Share Transfer Agent confirmed that security certificates received for dematerialisation were processed and substituted in the register of members within 15 days.
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