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Steel Strips Wheels reported record October 2026 monthly sales turnover of ₹753.65 Cr gross. Segment-wise YoY growth highlights exports, CV and 2/3-wheeler strength.
SSWL delivered its strongest-ever quarter driven by alloy wheel premiumization and a sharp CV recovery.
Q2 FY27 standalone revenue Rs 1,930 Cr (+61%), EBITDA Rs 235 Cr (12.2% margin), PAT Rs 119 Cr (+208%). Rs 1,400 Cr Maharashtra greenfield plant approved.
Steel Strips Wheels will invest Rs.1,400 Crore in a new Chhatrapati Sambhajinagar plant over 60 months. Initial capacity spans alloy, steel wheels, and hot-stamped body parts.
Steel Strips Wheels appointed Sh. Pranav Jain as Vice President (Finance & Accounts) effective 23 Oct 2026. The long-serving CA takes charge of Finance, Accounts and Commercial functions.
Steel Strips Wheels declared an interim dividend of ₹1.5 per share for FY 2026-27. Payment is due by November 21, 2026, with record date October 30, 2026.
Steel Strips Wheels Ltd reported revenue from operations of ₹1,930 Cr (+60.7% YoY) and net profit of ₹116.9 Cr (+229.3% YoY) for Q2 FY27.
Steel Strips Wheels Ltd submitted its quarterly shareholding pattern for the period ended September 30, 2026, as mandated by SEBI regulations.
Steel Strips Wheels Ltd will hold a board meeting on October 23, 2026. The board will consider Q2 FY27 financial results and an interim dividend declaration.
Steel Strips Wheels Ltd achieved its highest-ever monthly net turnover of Rs. 625.81 Crore in September 2026. This represents a 52.41% Year-on-Year growth supported by strong export demand.
Steel Strips Wheels Ltd announced that Independent Director Sh. Virander Kumar Arya ceased to be a director upon completing his second tenure, effective today.
Steel Strips Wheels Limited conducted its 40th Annual General Meeting on September 30, 2026. Shareholders transacted on financial statements, dividend declaration, and enhancement of borrowing limits.
Sunena Garg, a promoter of Steel Strips Wheels Limited, acquired 1,00,005 equity shares via the open market. This transaction increased her individual stake from 3.60% to 3.66%.
Sunena Garg, a promoter of Steel Strips Wheels, bought 16,600 equity shares in the open market on 15 Sep 2026. Her holding rose to 3.60% of the company.
Promoter Sunena Garg acquired 48,000 Steel Strips Wheels shares in the open market. Post-deal promoter holdings rose to 61.14% of total voting capital.
Steel Strips Wheels Ltd scheduled its 40th AGM for September 30, 2026. The record date for dividend entitlement is set for September 23, 2026.
Steel Strips Wheels Ltd has appointed Mr. Vineet Aggarwal and Mr. Amit Kumar Sharma as Senior Management Personnel. These appointments are effective from September 3, 2026.
Steel Strips Wheels approved re-appointments of two directors and the upcoming AGM schedule. The board also proposed enhancing the company's borrowing limit to ₹3,500 Crore.
Steel Strips Wheels Ltd achieved record monthly net turnover of ₹592.92 Crore in August 2026, representing 54% year-on-year growth. Strong performance was driven by the aluminum and truck segments.