Bihar Sponge Iron Ltd

Meeting Details

• Date: 14 August 2026; time and venue not disclosed.

Key Agenda Items

• Approval of unaudited Q1 FY2026 financial results for quarter ended 30 June 2026.

Other Notes

• Trading window will be closed for directors, promoters, KMPs and their relatives till 48 hours after results declaration.

NCLT petition update

• Agarwal Coal Corporation Pvt Ltd filed a case against Bihar Sponge Iron Ltd at NCLT Kolkata.
• Case reference KB C.P. (IB) 146/2026; listed for hearing on 16 July 2026.
• As of date, no notice has been issued to the company by NCLT.
• No further updates on case outcome or implications provided.

Dematerialisation processing and listing

• Securities received for dematerialisation were confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where earlier issued securities are listed.
• Certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository name substituted as registered owner within 15 days.

Financial results approved

• Approved audited standalone results for Q4 and year ended 31 March 2026.
• Auditor issued a qualified opinion on the standalone financial results.

Key financial statements

• Approved standalone cash flow statement for year ended 31 March 2026.
• Approved standalone balance sheet and statement of assets and liabilities.
• Approved statement of impact of audit qualifications for FY2026.

Board decisions

• Reconstituted the Internal Complaint Committee under the POSH Act.
• Noted execution of a Facility User Agreement with Amalgam Steel & Power Limited.

Regulatory and legal disclosures

• Disclosed ongoing dispute with Agarwal Coal Corporation Private Limited before NCLT Kolkata.
• Company said the claim is disputed and liability has not been admitted.
• Disclosed continuing litigation over SECL coal short-lifting penalty of Rs 215.28 lakhs.
• Auditor highlighted unresolved interest waiver and recoverability issues on government and promoter loans.

Other business actions

• Board meeting concluded at 3:32 PM on 29 May 2026.