Steel Authority of India Limited — Others, 21-08-2025: Copy of Newspaper Publication

Steel Authority of India (SAIL) has announced its 53rd Annual General Meeting (AGM) for Thursday, September 26, 2024, via video conferencing. Key agenda items include approving the audited financial statements for the last fiscal year and a final dividend of Re. 1 per share. Shareholders will vote on increasing authorized share capital from Rs. 5,000 Crore to Rs. 7,000 Crore. A notable proposal is the preferential issue of up to 200 crore new equity shares to the Government of India at Rs. 100 per share, totaling Rs. 2,000 Crore. This strategic move could strengthen the company's financial position.