ALPHA TRIBE

Shyam Metalics and Energy LimitedOthers, 26-08-2025: Shareholders meeting

26-08-2025 | 05:17 pm

Shyam Metalics and Energy's 23rd Annual General Meeting saw shareholders approve the audited financial statements for FY25. They confirmed an interim dividend and declared a final dividend, each at ₹2.25 per share, for FY25. Significant approvals for growth included increasing the borrowing limit to ₹9,000 crore, enhancing the loan and investment limit to ₹9,000 crore, and raising funds up to ₹4,500 crore through securities. Additionally, a ₹3,000 crore fund raise via Non-Convertible Debentures was also approved, providing substantial financial flexibility for future operations and expansion.

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