Scan Steels Ltd — Important, 02-09-2025: Company Update

Scan Steels has released its Annual Report for FY 2024-25, alongside details for its upcoming 32nd Annual General Meeting on September 26, 2025, to be held virtually. For FY24-25, the company's standalone revenue was ₹789.20 Cr (down 18.25%) with PAT of ₹19.61 Cr (up 10.57%). Consolidated figures mirrored this trend. No dividend was announced. Key AGM agenda items include the re-appointment of Whole-Time Director Ankur Madaan and the appointment of three new independent directors. The company also converted 6.25 million preference shares into equity and is seeking approval for a new issue of 2.04 Cr preference shares.