Steelman Telecom Ltd

Book closure details

• Book closure for Steelman Telecom Ltd: 13 Sep 2026 to 19 Sep 2026 (inclusive) for AGM.
• Security type: Equity shares.
• AGM date and time: 19 Sep 2026 at 12:00 IST.
• Purpose of closure: Annual General Meeting.

AGM details

• 23rd AGM scheduled for 19 September 2026 at 12:00 Noon, physical meeting in Kolkata.
• Register of Members and share transfer books closed 13–19 September 2026 (inclusive).
• Day of AGM noted as 12 September 2026 in the notice.

Key terms of preferential warrant issue

• Purpose: issue of convertible warrants on a preferential basis to identified investors.
• Securities: Fully Convertible Warrants convertible into equity shares.
• Total warrants: 28,23,800; aggregate value Rs 19,76,66,000.
• Issue price: Rs 70 per warrant; 25% upfront, 75% on exercise.
• Investors: five total—four promoter, one non-promoter.
• Mahendra Bindal: pre 10.49%, post 11.27%.
• Mayank Bindal: pre 26.71%, post 23.83%.
• Deep Shikha Bindal: pre 3.86%, post 6.14%.
• Saloni Bindal: pre 7.73%, post 9.13%.
• Aumit Capital Advisors Limited: pre 0%, post 10.00%.
• Conversion tenure: within 18 months from allotment.
• Conversion: 1 warrant = 1 equity share.
• Nature of consideration: cash; Rs 70 per warrant.
• Approvals: shareholders and applicable regulatory approvals.

Governance and leadership

• Alter MOA object clause with new ancillary object, subject to approvals.
• Re-appoint Mahendra Bindal as MD for 5 years (May 17, 2027–May 17, 2032).
• Re-appoint Girish Bindal as Executive Director-Chairman for 5 years (May 17, 2027–May 17, 2032).
• Re-appoint Atul Kumar Bajpai as Independent Director for 5 years (May 17, 2027–May 17, 2032).
• Re-appoint Pravin Poddar for 5 years (July 1, 2027–July 1, 2032).
• Scrutinizer appointed for AGM: Saurabh Basu, Practicing CS.

Capital raising

• Raise up to Rs 50 crore via convertible warrants to promoters and select non-promoters, subject to approvals.

Reports and AGM preparations

• Secretarial Audit Report for FY 2025-2026 adopted.
• Draft MD&A for FY 2025-2026 approved.
• Notice for 23rd AGM and Directors' Report approved.

AGM schedule and statutory dates

• 23rd AGM scheduled for 19 August 2026 at 12:00 Noon, Kolkata.
• Register of Members closed 13–19 September 2026; voting cutoff 12 September 2026.

Meeting Details

• Board meeting on 20 August 2026 at 12:00 Noon at registered office.

Key Agenda Items

• Alter MOA by inserting a new ancillary object.
• Re-appoint Mahendra Bindal as Managing Director.
• Re-appoint Girish Bindal as Executive Director cum Chairman.
• Re-appoint Independent Directors Atul Bajpai and Pravin Poddar.
• Consider raising up to Rs 50 crore via equity/convertibles on a preferential basis.
• Adopt Secretarial Audit Report for FY 2025-2026.
• Approve the Management Discussion and Analysis Report for FY 2025-2026.
• Approve Notice of AGM and Director's Report for 23rd AGM.
• Convene 23rd AGM and decide date/venue; appoint Scrutinizer.

GST compliance recognition

• GST Appreciation Certificate received from Government of India for GST compliance and timely statutory fulfilment.

Regulation 74(5) status

• Regulation 74(5) not applicable; all shares dematerialised; no rematerialisation requests received in quarter ended 30 June 2026.

Voting Results Disclosure

• Voting results of the EGM held by Steelman Telecom Limited disclosed.
• Scrutinizer report dated 19.03.2026 accompanies the voting results.
• Disclosure submitted to Bombay Stock Exchange under Scrip Code 543622.