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Shyam Metalics and Energy Ltd - 543299 - Intimation Under Regulation 30 Of SEBI(LODR) Regulation 2015 - Issuance Of LOI In The Name Of Shyam Sel And Power Limited (Material Subsidiary Company) For Declaring As Successful Applicant For Mittal Corp Limited.

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that CoC of the Corporate Debtor (Mittal Corp Ltd.) has approved the Resolution Plan and accordingly Resolution Professional vide its letter dated 24.02.2023 has issued the Letter of Intent (LOI) in the name of our Material subsidiary company i.e. Shyam Sel and Power Limited and declared it as Successful Resolution Applicant. However, this is subject to the confirmation of the Adjudicating Authority.
25-02-2023
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Shyam Metalics and Energy Ltd - 543299 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

 Pursuant to the Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015, we forward herewith the transcript of the conference call with investors and analysts held on Wednesday, 15th February, 2023 for the un-audited (standalone and consolidated) financial result of the company for the quarter and nine months ended 31st December, 2022. This is for your information and record.
21-02-2023
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Q3FY23 Quarterly Result Announced for Shyam Metalics and Energy Ltd.

 Iron & Steel firm Shyam Metalics and Energy announced Q3FY23: Consolidated Q3FY23: Revenue from Operations Rs 2,922 crores. EBITDA Rs 222 crores. Profit After Tax Rs 65 crores. SMEL registers 13% topline growth and ventures into colour coated sheets with a greenfield project. Commenting on the Results, Mr Brij Bhushan Agarwal, Vice Chairman & Managing Director said “I am pleased to report significant progress on our strategic initiatives. We are entering a new segment of colour-coated sheets and are launching a greenfield project in Jamuria, West Bengal to setup a cold rolling mill. We will incur a capex of Rs 603 crores for this endeavour. This will enable us to further diversify our revenue streams. There is a substantial demand for colour-coated sheets and it offers an avenue for growth. As we continue to scale up & diversify our business we intend to maintain the highest standards of transparency & governance. Hence, we have mandated KMPG Assurance and Consulting Services LLP as the Internal Auditor of the Company for FY 2023-24. Our join-venture to revive the recently acquired Ramsarup Industries is slated to pick-up pace this year. We have earmarked Rs 747 crores to achieve our objectives in the targeted timeline for the first phase. We envisage that the two new businesses will be margin accretive and unlock further growth as we achieve scale. The team is optimistic that with improving business environment the company will see improved profitability." Result PDF
17-02-2023
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Shyam Metalics and Energy Ltd - 543299 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

 With reference to our letter dated 13th February, 2023 and pursuant to Regulation 30 and 46 (2)(ao) of the SEBI (LODR) Regulations, 2015, we hereby inform you that the audio recording of the Investors' Conference Call on the Financial Results for the Third Quarter and Nine Months Ended 31st December, 2022 is available on the Company's website. Kindly take the same on record.
15-02-2023
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Shyam Metalics and Energy Ltd - 543299 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Pursuant to Regulation 30 and 47(3) read with Schedule III of SEBI (LODR) Regulations, 2015, Please find enclosed herewith the copies of newspaper advertisement published regarding Unaudited (Standalone & Consolidated) Financial Results for the Quarter and Nine Months Ended 31st December, 2022 published in Financial Express (English edition), Arthik Lipi (Bengali edition) and Jansatta (Hindi Edition) on Wednesday, 15th February, 2023. This is for your information and record.
15-02-2023
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Shyam Metalics net profit down by 89 per cent in December quarter

 However, revenue from operations was up by nearly 41 per cent
15-02-2023
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Shyam Metalics and Energy Ltd - 543299 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 SMEL registers 1 3 % topline growth and ventures into colour coated sheets with a greenfield project.
14-02-2023
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Shyam Metalics and Energy Ltd - 543299 - Announcement under Regulation 30 (LODR)-Investor Presentation

 Investor Presentation - February 2023
14-02-2023
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Shyam Metalics and Energy Ltd - 543299 - Announcement under Regulation 30 (LODR)-Resignation of Director

 Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of Shyam Metalics and Energy Limited ('the company') at its meeting held today i.e. 14th February, 2023 inter-alia considered and approved; - Resignation of Mr. Venkata Krishna Nageswara Rao Majji (DIN: 07035891) from the position of Independent Director of the Company on 14th February, 2023 with immediate effect on account of personal reason. - 4. Resignation of Mr. Ajay Choudhury (DIN: 00040825) from the position of Independent Director of the Company w.e.f. closure of the business hours of 14th February, 2023 on account of personal reason.
14-02-2023
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Shyam Metalics and Energy Ltd - 543299 - Announcement under Regulation 30 (LODR)-Change in Directorate

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of Shyam Metalics and Energy Limited ('the company') at its meeting held today: - Appointment of Mr. Nand Gopal Khaitan (DIN: 00020588) as an Additional Director of the Company in Independent Category w.e.f. 14th February, 2023 for a consecutive period of 5 (five) years. - Resignation of Mr. Venkata Krishna Nageswara Rao Majji (DIN: 07035891) from the position of Independent Director of the Company on 14th February, 2023 with immediate effect on account of personal reason. - Resignation of Mr. Ajay Choudhury (DIN: 00040825) from the position of Independent Director of the Company w.e.f. closure of the business hours of 14th February, 2023 on account of personal reason.
14-02-2023
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