Shri Hare-Krishna Sponge Iron Limited (SHKSIL) — corporate announcements
Shri Hare-Krishna Sponge Iron Limited
$SHKSIL
Shri Hare-Krishna Sponge Iron Limited, established in May 2003, specializes in manufacturing and selling sponge iron, an essential raw material for steel production using electric arc and induction furnaces.
SHKSIL's Board approved the FY26 Annual Report and plans a significant name change to 'SHRI HARE KRISHNA INTEGRATED STEEL CASTINGS & POWER LIMITED'. The 23rd AGM is scheduled for Sept 28, 2026, at 1 PM via virtual mode, with e-voting arrangements confirmed.
SHKSIL's 2 MW Biomass Captive Power Plant's commercial production has been postponed. The company now anticipates commencing operations later. This delay could affect project timelines and initial operational contributions from the plant.
Shri Hare-Krishna Sponge Iron Limited received approval to export 3 MW surplus power from its Captive Power Plant. This move will optimize plant utilization and enhance operational efficiency.