ALPHA TRIBE

Shyam Metalics and Energy LimitedOthers, 04-08-2025: Shareholders meeting

04-08-2025 | 05:05 pm

Shyam Metalics and Energy has called its 23rd Annual General Meeting on August 26, 2025, via video conference. Shareholders will vote on adopting the audited financial results for the financial year ended March 31, 2025, and confirming an interim dividend of ₹2.25 per share, along with a proposed final dividend of ₹2.25 per share. Key proposals include increasing the company's borrowing limit to ₹9,000 crore and its inter-corporate loan/investment limit also to ₹9,000 crore. Additionally, the company seeks approval to raise up to ₹4,500 crore through various instruments and to issue Non-Convertible Debentures up to ₹3,000 crore, significantly boosting its financial flexibility for growth.

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