Shyam Century Ferrous Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting

Shyam Century Ferrous has announced a board meeting where it approved the unaudited financial results for the quarter ended June 30, 2025. The company reported revenue from operations of ₹14.19 Cr but posted a net loss of ₹4.03 Cr for the period. A significant update from the meeting includes confirmation that the company's Meghalaya plant ceased operations from May 7, 2025. This decision was driven by a sharp increase in power tariffs, making the plant economically unviable. Management is actively evaluating various restructuring and revival measures to restore the plant's viability.