Shyam Metalics and Energy Limited — Important, 09-05-2025: Updates

Shyam Metalics has announced a board meeting to approve the financial results for the quarter and half-year. The Board approved a final dividend of ₹2.25 per share, pending shareholder approval. Founder Mahabir Prasad Agarwal stepped down as Chairman and Non-Executive Director, becoming Chairman Emeritus, with Brij Bhushan Agarwal appointed Executive Chairman and Managing Director. Subsidiary Shyam Sel and Power Limited ramped up steel capacity by commissioning a cake oven, blast furnace, sinter plant, and cold rolling mill. Consolidated revenue reached ₹15,137.5 Cr with PAT of ₹909.3 Cr, driven by positive cash flow and expansion investments.