Shyam Metalics and Energy Limited released its financial results for Q2 2025 during a board meeting held on November 7, 2025. The company disclosed its unaudited integrated financial results for the second quarter and half-year ending September 30, 2025. These results, reviewed by the Audit Committee, reflect the company's operational performance and financial health. The results have been published on the company's website, providing stakeholders with insights into its financial standing during this period.
In a significant development, CRISIL upgraded Shyam Metalics' credit rating from AA (Positive) to AA+ (Stable). This upgrade underscores the company's strong financial position and prudent capital management, attributed to its diverse product offerings and healthy operational scale. Such a rating enhancement typically indicates increased investor confidence and could potentially lower borrowing costs for the company, reflecting its robust governance and financial risk profile.
Additionally, the board approved the re-appointment of Ms. Rajni Mishra as an Independent Director, pending shareholder approval. The board has also initiated a postal ballot to seek shareholder consent for this re-appointment and for a revision in the remuneration of Whole-time Directors. The cut-off date for eligibility to vote via remote e-voting is set for November 14, 2025, indicating the company's commitment to maintaining corporate governance standards and engagement with its shareholders.