Steel Authority of India (SAIL) Management Change
SAIL disclosed profiles of two Government Nominee Directors appointed by the Ministry of Steel. The appointees are Sarita Chauhan and Vinod Kumar Tripathi.
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SAIL disclosed profiles of two Government Nominee Directors appointed by the Ministry of Steel. The appointees are Sarita Chauhan and Vinod Kumar Tripathi.
SAIL H1 FY27: turnover Rs 57,776 cr (+10.6%), EBITDA Rs 8,917 cr (15.4% margin), PAT Rs 3,410 cr (3x). Q2 PAT Rs 1,774 cr. Margin expansion driven by realisations.
Steel Authority of India (SAIL) Ltd reported revenue from operations of ₹31,998 Cr (+19.8% YoY) and net profit of ₹1,750 Cr (+318.1% YoY) for Q2 FY27.
SAIL intimated that its Board meets on 27 October 2026 to consider unaudited results for the quarter and half-year ended 30 September 2026. The trading window is closed until results are announced.
Steel Authority of India Ltd submitted its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.
SAIL has appointed Ms. Sarita Chauhan and Shri Vinod Kumar Tripathi as Government Nominee Directors on its Board of Directors, effective immediately.
SAIL's AGM held 24-09-2026 passed all eight resolutions including FY25-26 financials, Rs.2.35 final dividend, and new director appointments. All votes cleared with overwhelming promoter support.
CareEdge Ratings has revised the outlook to 'Positive' and reaffirmed credit ratings for various bank facilities and commercial paper of Steel Authority of India Limited.
Steel Authority of India Limited has appointed Shri Mohit Malpani as Company Secretary and Compliance Officer. He succeeds Shri M.B. Balakrishnan following his superannuation on September 30, 2026.
SAIL signed an MoU with Bharat Coking Coal Limited for joint development and operation of specific coal blocks in West Bengal.
SAIL held its 54th AGM on September 24, 2026, approving financial statements, director appointments, and a final dividend of Rs. 2.35 per share.
SAIL reported Q1 FY27 Revenue of Rs. 26,010 crore with PAT at Rs. 1,636 crore. EBITDA margin improved to 16.7% vs 12.0% in Q4 FY26.