Nova Iron & Steel Ltd

BSE: 513566

33

total announcements

NOVIS.BO · 15 min delayed

Key Stats · Yahoo Finance · as of 15 Oct 2026

Market Cap

₹47 Cr

EPS (TTM)

₹-4.79

52W Low

₹10.54

52W High

₹18.46

Dividend Yield

0.00%

Beta

0.42

Price / Book

-1.7

Revenue (TTM)

₹421 Cr

Gross Margin

4.23%

Operating Margin

-3.29%

BSECompany UpdateExpansion28 Sept 2026

Nova Iron & Steel Ltd

Board of Directors of the company, at its Meeting held today,i.e. 28.09.2026, Considered and aprroved the amendment to the Memorandum of Association of the Company.

Nova Iron & Steel Ltd has announced an amendment to its Memorandum of Association, enabling the company to expand its business into trading, buying, selling, and dealing in various kinds of ferrous and non-ferrous metals, iron and steel, and allied metal and steel products. The proposed amendment is subject to approval by the company's members at the 34th Annual General Meeting on October 30, 2026.

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BSEGeneralMgmt Change28 Sept 2026

Nova Iron & Steel Ltd

Outcome of Board Meeting held on 28.09.2026 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Nova Iron & Steel Ltd has announced the outcome of its Board Meeting held on 28th September, 2026. The Board has approved the re-appointment of Mr. Hardev Chand Verma as Non-Executive, Non-Independent Director, and the re-appointment of M/s J.K. Kabra & Company as Cost Auditor for the Financial Year 2026-27. The Board has also approved the continuation of Mr. Hardev Chand Verma's directorship and the alteration of Clause III(A) of the Memorandum of Association.

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BSEResultResults9 Sept 2026

Nova Iron & Steel Ltd

With reference to the captioned subject and persuant to Regulation 30 and 33 read with Schedule III of the SEBI(Listing Obligations and Disclosure Requirements) Regulations,2015, we wish to inform you that the Board of Directors of the company,at its meeting held on 09th September,2026,approved the Audited Financial Results of the company for the quarter and year ended 31st March,2026.

Nova Iron & Steel Ltd has submitted its audited financial results for the quarter and year ended 31st March, 2026, with a qualified opinion from its auditor due to non-compliance with SEBI regulations and lack of information on certain transactions.

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BSECompany Update▲ PositiveInsolvency12 Aug 2026

Nova Iron & Steel Ltd

We wish to inform you that the Hon''ble National Company Law Tribunal, Cuttack Bench, vide its Order dated 05/08/2026, has dismissed the application filed under Section 7 of the Insolvency ....

The National Company Law Tribunal, Cuttack Bench, has dismissed an application filed by Bhushan Power & Steel Limited against Nova Iron & Steel Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016, dismissing the claim of a default amount of Rs.306.52 crores.

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BSECompany UpdateMgmt Change8 Aug 2026

Nova Iron & Steel Ltd

We wish to inform you that the Board of Directors of the Company, at its meeting held today i.e. 08/08/2026, has approved the appointment of Mrs. Palak Jindal (DIN: 10264720) as an Additional ....

Nova Iron & Steel Ltd has announced the appointment of Mrs. Palak Jindal as an Additional Director in the category of Non-Executive Independent Director, subject to shareholder approval. The appointment is effective from August 8, 2026, and Mrs. Jindal will serve for a period of 5 years.

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BSECompany UpdateRegulatory8 Aug 2026

Nova Iron & Steel Ltd

We wish to inform you that the Company has now received another provisional attachment order dated 07/08/2026, issued by Deputy, Director, Delhi Zonal Office-I, Directorate of Enforcement, New Delhi.

Nova Iron & Steel Ltd has received a provisional attachment order from the Directorate of Enforcement (ED) dated 07/08/2026, related to a case filed by the CBI against Bhushan Power & Steel Limited (BPSL) and its directors, alleging loan defaults and money laundering.

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BSECompany UpdateRelated Party24 Jul 2026

Nova Iron & Steel Ltd

The Company has recieved emails from M/s Olympian Finvest Private Limited and M/s Aromatic Steel Private Limited, members of the Promoter Group, pursuant to disclosure under 10(7) of SEBI ....

Nova Iron & Steel Ltd has received disclosure under SEBI (SAST) Regulations, 2011 from M/s Olympian Finvest Private Limited and M/s Aromatic Steel Private Limited, members of the Promoter Group, regarding acquisition of shares under Regulation 10(1)(a)(iv) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

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BSEInsider Trading / SASTPromoter Reclassif.22 Jun 2026

Nova Iron & Steel Ltd

The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....

Olympian Finvest Private Limited, a promoter group entity of Nova Iron & Steel Ltd, will acquire 45,73,675 equity shares, representing 12.65% of the company's share capital, from four other promoter group companies. This off-market transaction, priced at Rs. 11 per share, is an inter-se transfer intended for restructuring among the promoter group members. Post-acquisition, Olympian Finvest's holding will increase to 12.92%, and the total promoter group shareholding will rise from 31.51% to 44.16%. The acquisition is exempt from an open offer under SEBI (SAST) Regulations.

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BSEInsider Trading / SASTPromoter Reclassif.22 Jun 2026

Nova Iron & Steel Ltd

The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....

Aromatic Steel Private Limited, a promoter group entity of Nova Iron & Steel Ltd, is acquiring 33,31,000 equity shares (9.22% of share capital) from Nilanchal Investments Private Limited, another promoter group entity. This off-market transaction at Rs. 11 per share is an inter-se transfer for promoter group restructuring and is exempt from an open offer under SEBI (SAST) Regulations. Post-acquisition, the total shareholding of the acquirer and its PACs within the promoter group will increase from 34.94% to 44.16%.

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