Shyam Century Ferrous Ltd
📉 Shyam Century Ferrous: Plant Shut, Revenue Drops 75%, Shareholders Approve Asset Disposal
- Total Income: ₹3,077.79 Lakhs (prev yr ₹12,107.56 Lakhs)
- Loss before tax: ₹1,255.65 Lakhs (prev yr loss ₹970.03 Lakhs)
- Plant closed from 7th May 2025; production only 673 MT
- Sold 1,237.96 MT Ferro Silicon from stocks
- Shareholders approved disposal of plant and machinery on 9th Feb 2026
- No dividend recommended for FY 2025-26
- Evaluating strategic alternatives including restructuring
- Non-current investments: ₹10,955.61 Lakhs (68.03% of total assets)
- Revenue from operations: ₹2,240.21 Lakhs (prev yr ₹11,314.61 Lakhs)
- Borrowings nil; cash & equivalents ₹12.39 Lakhs