Nova Iron & Steel Ltd — Board Meeting, 30-05-2025: Board Meeting

Nova Iron and Steel Limited has announced a board meeting in which it approved becoming a client of the Indian Energy Exchange through Kreate Energy (I) Private Limited to participate in power contracts. The Board also addressed and disclosed reasons for the delay in submitting the audited financial results for the quarter and year ended 31/03/2025. This move into power trading could optimize the company’s energy procurement costs, potentially benefiting operational efficiency and margins.