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Shri Kanha Stainless Limited (SHRIKANHA)

📊 NSE: SHRIKANHA 🏢 Iron & Steel Products 📢 Latest filing: 13 Oct 2026

SHRIKANHA delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 85.71% of the SHRIKANHA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 90.34%. That is close to its usual level. Turnover was only ₹2 lakh, so a handful of trades can move this figure. It closed at a price band (circuit) on 8 sessions in about the last 20.

85.71%Delivery, 16 Oct

90.34%Own 20-session average

0.8×Volume vs its average

₹21.75NSE close · +3.08%

Delivery in the last 5 sessions: 62.5% · 94.1% · 100.0% · 76.9% · 85.7%

Delivery across the market →Circuit stocks →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Acuite Assigns 'ACUITE BBB/Stable' and 'ACUITE A3+' to Shri Kanha's ₹60 Cr Bank Facilities

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 13 Oct 2026, 01:47 PM

Shri Kanha Stainless Limited has received initial credit ratings from Acuite Ratings and Research for its ₹60.00 crore bank loan facilities. The agency assigned an 'ACUITE BBB/Stable' rating to long-term facilities aggregating ₹46.00 crore. Additionally, short-term facilities worth ₹14.00 crore were assigned an 'ACUITE A3+' rating. The rating letter was issued on October 12, 2026, and remains valid until August 18, 2027.

Acuite assigned 'ACUITE BBB
Stable' to ₹46.00 crore of long-term bank facilities
Assigned 'ACUITE A3+' rating to ₹14.00 crore of short-term bank facilities
Total rated bank loan quantum stands at ₹60.00 crore across four lenders and proposed facilities
Rated facilities include ₹42.00 crore cash credit limits and ₹4.00 crore proposed long-term facility
Rating letter issued on October 12, 2026, with validity extending through August 18, 2027

💡 Track the company's borrowing costs and upcoming quarterly updates to see if this investment-grade rating enables competitive interest rates from lending banks.

Shri Kanha Stainless Submits Demat Compliance Certificate for Q2 FY27

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 10 Oct 2026, 01:19 PM

Shri Kanha Stainless Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate from RTA MAS Services Limited confirms that all securities received for dematerialization between July 1, 2026, and September 30, 2026, were processed and confirmed or rejected within the mandated 15-day timeline. Additionally, all verified security certificates were duly mutilated and cancelled. This is a standard procedural filing and has no impact on operations or financials.

Regulation 74(5) certificate issued for the quarter ended September 30, 2026
Covers dematerialization processing from July 1, 2026, to September 30, 2026
RTA MAS Services Limited confirmed processing of all requests within 15 days
Filing verified and submitted on October 10, 2026

💡 No action required by investors; track the upcoming Q2 FY27 financial results for operational updates.

Shri Kanha Stainless Approves Object Clause Alteration and FY27 Related Party Deals at 11th AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 25 Sep 2026, 08:15 PM

Shri Kanha Stainless Limited concluded its 11th Annual General Meeting on September 25, 2026, passing all five resolutions with the requisite majority. Shareholders approved the alteration of the company's Object Clause in the Memorandum of Association with 100% of votes in favour. Additionally, an ordinary resolution approving Material Related Party Transactions for FY 2026-27 was passed with 95.24% favourability among voting public non-institutions, while promoters abstained. Overall voting participation stood at 69.24% of the 1,55,82,400 total outstanding shares.

All 5 resolutions passed at the 11th AGM held on September 25, 2026
Special resolution to alter the Object Clause of the Memorandum of Association passed with 100% votes in favour
Material Related Party Transactions for FY 2026-27 approved with 95.2381% votes in favour
Overall voter turnout was 69.2371% (1,07,88,800 votes polled out of 1,55,82,400 total shares)

💡 Track subsequent regulatory filings to understand specific business activities enabled by the altered Object Clause and inspect the scale of FY27 related-party disclosures.

Shri Kanha Releases Investor Presentation: FY26 Revenue ₹205.65 Cr, Targets 2.5x Capacity Expansion

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 25 Sep 2026, 01:41 PM

Shri Kanha Stainless Limited published an investor presentation highlighting audited FY26 operational and financial performance. FY26 revenue reached ₹205.65 Cr (+41.1% YoY) with PAT rising 50.9% to ₹8.74 Cr. The company is actively pursuing a 2.5x capacity expansion over its existing 14,000 MTPA base via a new 1,150 mm 4-Hi AGC mill, having deployed ₹198.35 lakh as an advance. The confirmed order book stood at ₹1,273.49 lakh as of November 25, 2025.

FY26 revenue rose 41.1% YoY to ₹205.65 Cr, up from ₹145.79 Cr in FY25
FY26 PAT grew 50.9% to ₹8.74 Cr, while EBITDA was ₹17.61 Cr (8.6% margin)
Planning a 2.5x capacity expansion beyond current 14,000 MTPA with a new 1,150 mm 4-Hi AGC mill
Deployed ₹198.35 lakh advance toward the expansion project targeting 90% utilization
Confirmed order book stood at ₹1,273.49 lakh as of 25 Nov 2025

💡 Track the commercial commissioning timeline and capex funding disclosures for the 2.5x capacity expansion, alongside margin performance in the ultra-thin 0.08 mm product segment.

Shri Kanha Stainless Schedules 11th AGM on Sep 25, 2026; Releases FY26 Annual Report

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 01 Sep 2026, 03:09 PM

Shri Kanha Stainless Limited has submitted its Annual Report for FY2025-26 and scheduled its 11th Annual General Meeting for Friday, September 25, 2026. The record/cut-off date for determining voting eligibility is September 18, 2026. In FY26, the company recorded revenue of ₹205.65 Cr (+41.1% YoY) and net profit of ₹8.74 Cr (+50.9% YoY). The report also details an ongoing 2.5x capacity expansion from its existing 14,000 MTPA base, with ₹198.35 lakh advance deployed toward a new 1,150 mm 4-Hi AGC mill.

11th AGM scheduled for September 25, 2026, with cut-off date set to September 18, 2026
FY26 Revenue increased 41.1% YoY to ₹205.65 Cr vs ₹145.79 Cr in FY25
FY26 PAT grew 50.9% YoY to ₹8.74 Cr with net worth expanding to ₹61.39 Cr following IPO
Deployed ₹198.35 lakh advance towards a 2.5x capacity expansion beyond current 14,000 MTPA

💡 Eligible shareholders as of September 18, 2026, can participate in e-voting; investors should monitor the execution timeline for commissioning the new 2.5x capacity AGC mill.

Shri Kanha Stainless Plans MoA Alteration for Solar Structures; Sets 11th AGM for Sept 25, 2026

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 31 Aug 2026, 02:45 PM

Shri Kanha Stainless Limited held its Board Meeting on August 31, 2026, approving the Board's Report and convening its 11th Annual General Meeting (AGM) on September 25, 2026. The Board approved an amendment to the Object Clause of its Memorandum of Association (MoA) to include manufacturing and execution of module mounting structures (MMS) and allied steel structures for solar power projects. Additionally, the Board recommended material Related Party Transactions with Navbharat Tubes Limited and Krypton Stainless Private Limited, subject to shareholder approval.

Board approved alteration of MoA Clause 3(a) to enter solar module mounting structures (MMS) and renewable structural works
11th AGM scheduled for September 25, 2026, via Video Conferencing
Shareholder voting cut-off date fixed for September 18, 2026
Recommended material Related Party Transactions with Navbharat Tubes Ltd and Krypton Stainless Pvt Ltd
Recommended re-appointment of Mr. Shashank Agrawal as Whole-Time Director

💡 Track shareholder voting results following the September 25, 2026 AGM, and watch for any subsequent capital expenditure or order announcements related to the new solar mounting structures business.

View All SHRIKANHA Announcements on Live Market Tracking →