Shah Alloys share news, announcements and annual reports
NSE: SHAHALLOYSBSE: 513436Industrial ProductsSmall Cap
Shah Alloys Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Sep 1993 on BSE, Jun 2005 on NSE
Last close ₹71.36up ₹0.52 (0.73%)BSE ₹75.50
Share price at the NSE close on 30 Oct 2026. Previous close ₹70.84.
30 Oct: open ₹71.00, high ₹74.25, low ₹71.00
52-week range of traded prices to 30 Oct 2026
₹53.10Low, 30 Mar 2026₹116.85High, 31 Aug 2026
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹141 Cr2,708th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 3.95
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹75 crore of one-off items, the largest of them in the quarter to Dec 2025.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.30
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 39.3%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹75 crore of one-off items, the largest of them in the quarter to Dec 2025.
- −42.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- −8.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.57
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 15,385
Shah Alloys share news and announcements
469 announcements, routine notices left out, newest first. Page 9 of 10.
Nov 2011
14 Nov · Board meeting
In the meeting of the Board of Directors held on November 11, 2011, Board noted that the company has been declared as 'sick industrial unit' under section 3(1)(o) of SICA, 1985, pursuant to orders of Hon'ble BIFR dated September 13, 2010 in the case no. 13 of 2010. Hon'ble BIFR has appointed Union Bank of India as Operating Agency (OA). Payment to the creditors shall be decided as per the rehabilitation scheme that may be sanctioned by Hon'ble BIFR.3 Nov · Board meeting
To approve Unaudited Financial Results for the Quarter ended on September 30, 2011 and to transact other routine business.
Aug 2011
30 Aug · Meeting
Annual General Meeting of the Members of the Company is scheduled to be held on September 24, 2011.10 Aug · Corporate action
Register of Members and the Share Transfer Books of the Company will remain closed from September 17, 2011 to September 24, 2011 for the purpose of Annual General Meeting of the Company.4 Aug · Management
Union Bank of India has vide its letter dated August 04, 2011, nominated Mr. O.P. Dua as Nominee Director vice Mr. V. Mendonsa.
Jul 2011
29 Jul · Board meeting
Company had informed the Exchange that a meeting of the Board of Directors of the Company will be held on July 28, 2011 to consider and approve Audited Financial Results for the Year ended on March 31, 2011 and Unaudited Financial Results for the Quarter ended June 30, 2011. The Company has now informed the Exchange that due to unavoidable circumstances, the aforesaid meeting of Board of Directors has been rescheduled on August 06, 2011 to consider inter-alia unaudited financial results of the Company for the quarter ended June 30, 2011. (Purpose Revised).Not held on this date
19 Jul · Board meeting
To consider and approve Audited Financial Results for the Year ended on March 31, 2011 and Unaudited Financial Results for the Quarter ended June 30, 2011.4 Jul · Management
Shri Bhaskar Ghosh has been appointed as Additional Director.
May 2011
11 May · Results
2 May · Board meeting
To approve Unaudited Financial Results for the Quarter ended on March 31, 2011 and to transact other routine business.
Mar 2011
8 Mar · Management
Shri Yogesh N. Thaker, Whole Time Director of the Company is ceased to be Director.
Feb 2011
23 Feb · News Verification
News Verification : The media had reports that Jindal Stainless Limited may acquire the Shah Alloys Limited. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Shah Alloys Limited has vide its letter inter-alia stated," We submit that the information appeared in the media in connection with our company appears to be baseless. Further, we submit that there is no negotiation from our side with JSL."
Jan 2011
12 Jan · Board meeting
To approve Unaudited Financial Results for the Quarter ended on December 31, 2010 and to transact other routine business.
Nov 2010
Oct 2010
18 Oct · Board meeting
To approve Unaudited Financial Results for the Quarter ended on September 30, 2010 and to transact other routine business.14 Oct · Management
Vide its letter dated October 9, 2010 that Shri Mahendra P. Desai has been appointed as Executive Director (Works) of the company.
Sep 2010
20 Sep · Updates
Pursuant to our application before the Hon'ble Board for Industrial & Financial Reconstruction, New Delhi, our company has been declared as "Sick" under the SICA Act, 198513 Sep · Meeting
Annual General Meeting of the Company will be held on September 24, 2010.
Jul 2010
30 Jul · Corporate action
Register of Members and Transfer Books will remain closed from September 10, 2010 to September 24, 2010 (both days inclusive) for the purpose of Annual General Meeting.30 Jul · Management
Shri N.B. Kaul has been appointed by IDBI Bank Ltd. as a Nominee Director of the Company in place of Shri Rajeev Kumar Sinha.26 Jul · Management
Shri Bhupendra Jha has resigned from the post of Jt. Managing Director of the Company.22 Jul · Board meeting
To approve Unaudited Financial Results for the Quarter ended on June 30, 2010 and to transact other routine business.
May 2010
3 May · Updates
Board for Industrial and Financial Reconstruction (BIFR) has registered the application made by the company for registration of the unit under Sick Industrial Companies (Special Provisions) Act, 1956 as Sick Unit.
Apr 2010
26 Apr · Management
Shri Vinod Kumar Shah has been appointed as a Company Secretary of the Company w.e.f. 22nd April, 2010. He has resumed his duties.16 Apr · Management
Vide its letter dated April 12, 2010 that "Shri Kirit H. Kanjaria has resigned from the post of Company Secretary".13 Apr · Board meeting
To consider and approve the Audited Annual Accounts for the year 2009-2010 and to transact other routine business.
Jan 2010
19 Jan · Board meeting
To approve Unaudited Financial Results for the Quarter ended on December 31, 2009 and to transact other routine business.
Nov 2009
17 Nov · Resolution passed by the shareholders
Following Resolutions passed by Shareholders of the company at its Extra Ordinary General Meeting held on November 12, 2009: (1) Considering the erosion of more than fifty percent of net worth of the company; (2) The change in the designation of Mr. K. S. Kamath from Jt. Managing Director to Executive Director; (3) Appointment of Mr. Bhupendra Jha as a Jt. Managing Director of the company.
Oct 2009
23 Oct · Board meeting
To approve Unaudited Financial Results for the quarter ended on September 30, 2009 and to transact other routine business.12 Oct · Management
Following Resolutions passed by Board of Directors of the company at its Meeting held on October 12, 2009: (1) Considering the erosion of more than fifty percent of net worth of the company. (2) The change in the designation of Mr K. S. Kamath from Jt. Managing Director to Executive Director. (3) Appointment of Mr. Bhupendra Jha as a Jt. Managing Director of the company.
Sep 2009
30 Sep · Management
Vide its letter dated September 19, 2009 that "Shri K. S. Kamath be appointed as a Jt. Managing Director of the company".
Aug 2009
31 Aug · Management
Shri. Bhagwantsingh Rawat has resigned from the post of Jt Managing Director of the Company10 Aug · Corporate action
Company has announced the Book Closure from September 10, 2009 to September 24, 2009 (Both days inclusive) for the purpose of Annual General Meeting.
Jul 2009
21 Jul · Corporate Debt Restructuring
Corporate Debt Restructuring (CDR) has once again restructured the debt of the Company and accordingly Supplemental Master Restructuring Agreement have been executed between the Company and lenders.20 Jul · Board meeting
To approve Unaudited Financial Results for the quarter ended on June 30, 2009 and to transact other routine business.
Jun 2009
22 Jun · Board meeting
To approve the Audited Annual Accounts for the year ended 2008-2009 and to transact other routine business.
Apr 2009
21 Apr · Results
The Company will consider and publish Audited Financial results for the year ended on 31st March 2009 instead of the Unaudited Financial Results for the last quarter ended on 31st March, 2009
Mar 2009
24 Mar · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.24 Mar · Updates
Company became a professional member of India Energy Exchange Ltd and Company have started trading of power on the exchange.2 Mar · Change in Corporate Office
Company has changed their Corporate Office from 9th Floor, GNFC Info Tower, S. G. Highway, Bodakdev, Ahmedabad-380054, to, Block No. - 2221/ 2222, Shah Industrial Estate, Sola-Kalol Road, Santej, Dist. Gandhinagar - 382043, Tele No.: 02764-661100, Fax No.: 02764-661110, 02764-286615.
Feb 2009
13 Feb · Disclosure
Disclosure pursuant to Regulation 8A(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2009
22 Jan · Board meeting
To approve Unaudited Financial Results for the Quarter ended on December 31, 2008 and to transact other routine business.
Oct 2008
17 Oct · Board meeting
To approve Unaudited Financial Results for the Quarter ended on September 30, 2008 and to transact other routine business.
Aug 2008
18 Aug · Corporate action
Company has announced the Book Closure from September 10, 2008 to September 24, 2008 (Both days inclusive) for the purpose of Annual General Meeting.
Jul 2008
30 Jul · Management
Mr. Atul P. Pandya has resigned from the post of Managing Director of the company. Further the Company has informed that Mr.Rajiv Kumar Sinha of IDBI Bank Ltd. and Mr. V. A. Mendosara of Union Bank of India have been appointed as a Nominee Directors of the company.22 Jul · Board meeting
To appove the Unaudited Financial Results for the Quarter ended June 30, 2008 and to transact other routine business.