Steel Authority of India Ltd Capital raise and iron

is exploring capital-raising options including an FPO or QIP, though no decision on size or timing has been made yet. It is also scaling up iron ore sales, targeting 8 million tonnes in FY27 — a historic high — with Q1 volumes surging to 1.1 Mt from 0.31 Mt a year earlier, helped by new mines in Odisha and Chhattisgarh. SAIL has fixed 30 September 2026 as the record date for its final dividend of ₹2.35 per share (23.5% of face value) for FY26. The 54th AGM is scheduled for 24 September 2026 via video conferencing. The Ministry of Steel accepted the resignation of Ashish Chatterjee as Government Nominee Director, effective 24 August 2026; he was Additional Secretary and Financial Adviser at the Ministry. Separately, SAIL’s IISCO plant in Burnpur awarded a ₹854.57 crore contract to SEPC for its crude steel expansion project.