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Steel Authority of India share news and announcements

NSE: SAILBSE: 500113Ferrous MetalsMid Cap

Last close ₹164.34down ₹5.41 (3.19%)BSE ₹165.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹169.75.

52-week range of traded prices to 23 Oct 2026
₹124.00Low, 19 Dec 2025₹209.70High, 14 May 2026
Market cap
₹67,881 Cr153rd largest listed
P/E
15.9
P/E without one-offs
13.4
P/B
1.1
Dividend yield
1.43%
ROE
7.2%
ROE without one-offs
8.5%
ROCE
7.9%
Debt to equity
0.53
Volume, NSE
1,44,52,73835.3% delivered

Steel Authority of India share news and announcements

646 announcements, routine notices left out, newest first. Page 13 of 13.

  1. Oct 2008

    • 21 Oct · Results

      Steel Authority of India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 1212090 lacs for quarter ending on 30-SEP-2008 against Rs. 916349 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 200960 lacs for the quarter ending on 30-SEP-2008 against Rs. 170024 lacs for the quarter ending on 30-SEP-2007.
    • 20 Oct · Board meeting

      To, inter alia, consider and take on record Unaudited Financial results of the Company for the half-year and quarter ended on September 30, 2008.
    • 1 Oct · Updates

      Steel Authority Of India Ltd. has informed the Exchange that the Company today signed an Memorandum of Understanding (MOU) with Larsen & Toubro Limited (L&T), to jointly set up, develop, manage and own captive/independent power plant/s at suitable location/s to meet future power requirements of SAIL. The scope of MOU also includes exploration of opportunities to own captive thermal coal blocks to cater to the power plant requirements. The MOU is a precursor to Joint Venture Agreement between SAIL and L&T for the purpose of incorporation of Joint Venture Company. The JV company shall strive to identify/locate potential thermal coal blocks, which will facilitate in identifying a suitable location for the power project. Both the companies shall jointly set up a 1600 MW (2x800 MW) green-field coal based captive/independent power plant using super critical technology. The companies will keep the option to further expand capacity by 800 MW/1600 MW at the same or some other location.
  2. Sep 2008

    • 22 Sep · Meeting

      Steel Authority Of India Ltd. has submitted to the Exchange a copy of the Minutes of Annual General Meeting of the Company held on September 10, 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.
  3. Jul 2008

    • 21 Jul · Results

      Steel Authority of India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 1102944 lacs for quarter ending on 30-JUN-2008 against Rs. 803947 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 183519 lacs for the quarter ending on 30-JUN-2008 against Rs. 152512 lacs for the quarter ending on 30-JUN-2007.
    • 3 Jul · Meeting

      Steel Authority Of India Ltd. has informed the Exchange that the Annual General Meeting of the members of the Company will be held on September 10, 2008. Further, the Company has decided to close the Register of Members and Share Transfer Books ahead of the Annual General Meeting, from August 02, 2008 to August 20, 2008 (both days inclusive) for payment of dividend, if approved by the members at the said Annual General Meeting.
    • 1 Jul · Business

      Steel Authority Of India Ltd. has informed the Exchange vide its letter dated June 30, 2008 that : "Steel Authority of India Limited (SAIL) has signed today a Memorandum of Understanding (MOU) with M/s. Shipping Corporation of India Limited (SCI) to promote a Joint Venture Company (JVC) primarily to provide various shipping related services to SAIL for importing coking coal. The JVC may also participate in world wide dry bulk shipping trade. The JVC will own/ operate/ charter ships to offer competitive rates in shipping related business and set up economically feasible coastal transportation of coal from deep draft ports. While, SAIL and SCI each intend to hold 25% of the paid-up share capital of the proposed JVC, the remaining share capital will be held by other strategic partners, who are yet to be identified".
  4. Jun 2008

    • 30 Jun · Board meeting

      To inter alia, consider and take on record Unaudited Financial results of the Company for the quarter ended on June 30, 2008.
  5. May 2008

    • 16 May · Results

      Steel Authority of India Ltd. has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 4026513 lacs for year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 756803 lacs for the year ending on 31-MAR-2008.
    • 16 May · Dividend

      Steel Authority Of India Ltd. has informed the Exchange that subject to the approval of shareholders in the AGM, the Board of Directors in their meeting held on May 16, 2008, have recommended a final dividend @ 18% on paid up equity share capital, in addition to the interim dividend @ 19% already paid, for the financial year 2007-08, thus taking the total dividend to 37% on paid-up equity share capital.
    • 16 May · Results

      Steel Authority of India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 1347790 lacs for quarter ending on 31-MAR-2008 against Rs. 1038508 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 237676 lacs for the quarter ending on 31-MAR-2008 against Rs. 190188 lacs for the quarter ending on 31-MAR-2007.
    • 16 May · Results

      Steel Authority of India Ltd. has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 4021416 lacs for year ending on 31-MAR-2008 against Rs. 3502621 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 753678 lacs for the year ending on 31-MAR-2008 against Rs. 620229 lacs for the year ending on 31-MAR-2007.
  6. Apr 2008

    • 29 Apr · Board meeting

      To take on record the Audited Accounts (Subject to review under section 619(4) of the Companies Act, 1956) for the year and quarter ended 31st March 2008 and also to consider recommendation of final dividend for the year 2007-08, subject to approval of shareholders in the Annual General Meeting.
    • 2 Apr · Results

      Steel Authority Of India Ltd. has informed the Exchange that: "Since the Company will be publishing audited financial results within three months of the close of the financial year 2007-08, the unaudited financial results for the fourth quarter are not being published/given to the stock exchanges".
  7. Feb 2008

    • 21 Feb · Business

      Steel Authority Of India Ltd. has informed the Exchange vide its letter dated February 21, 2008, that: "Steel Authority of India Limited (SAIL) has signed today a Joint Venture Agreement with M/s. Jaiprakash Associates Limited (JAL) for formation of a Joint Venture Company (JVC) to set up a cement plant for producing 2 million tonnes of Cement at Bokaro (Jharkhand) by using slag generated at Bokaro Steel Plant of SAIL. SAIL would hold minority stake of 26 per cent in the JVC and the remaining 74 per cent stake would be with JAL".
    • 15 Feb · Change in composition of board

      Steel Authority Of India Ltd. has informed the Exchange that "The Board of Directors of Steel Authority of India Limited (SAIL) has approved the appointment of Shri S.P. Rao, Executive Director, SAIL as Managing Director, IISCO Steel Plant and Director on the Board of Directors of SAIL".
    • 1 Feb · Change in composition of board

      Steel Authority Of India Ltd. has informed the Exchange that: " On attaining the age of superannuation on 31.01.2008 (A/N), Shri Nilotpal Roy, Managing Director, IISCO Steel Plant (ISP) has ceased to be director on the Board of SAIL.
  8. Jan 2008

    • 29 Jan · Dividend

      Steel Authority Of India Ltd. has informed the Exchange that the Board of Directors, at their meeting held on January 29, 2008 have approved interim dividend @ 19% of the paid-up equity share capital for the financial year 2007-08.
    • 29 Jan · Results

      Steel Authority of India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 953330 lacs for quarter ending on 31-DEC-2007 against Rs. 853707 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 193466 lacs for the quarter ending on 31-DEC-2007 against Rs. 147119 lacs for the quarter ending on 31-DEC-2006.
    • 3 Jan · Business

      Steel Authority Of India Ltd. has informed the Exchange vide its letter dated January 03, 2008, that: "A Joint Venture Agreement has been signed today by Steel Authority of India Limited with Tata Steel Limited for incorporation of a joint venture coal mining company in the State of Jharkhand. Both SAIL and Tata Steel will hold 50% each of the paid-up capital in the joint venture company. The Joint Venture Company would initially be mining 4 nos. of identified coal blocks in India".
    • 3 Jan · Board meeting

      To, interalia, consider and take on record Unaudited Financial results of the Company for the quarter and nine months ended on December 31, 2007 and also to consider Interim Dividend, if any, for the year 2007-08. The Company has fixed February 04, 2008 as the 'Record Date' for the purpose of payment of interim Dividend on Equity Shares for the Financial Year 2007-08, if declared by the Board.
  9. Dec 2007

    • 26 Dec · Management

      Steel Authority Of India Ltd. has informed the Exchange that: "Government of India has appointed Shri B.S. Meena, Additional Secretary & Financial Adviser, Ministry of Steel as director on the Board of Directors of Steel Authority of India Limited".
  10. Nov 2007

    • 28 Nov · Management

      Steel Authority Of India Ltd. has informed the Exchange that: "Consequent upon his posting as Secretary, Department of School Education & Literacy, Ministry of Human Resource Development, Government of India, Shri Arun Kumar Rath, former Special Secretary and Financial Adviser, Ministry of Steel, Government of India has resigned from the Board of Steel Authority of India Limited (SAIL)".
  11. Oct 2007

    • 30 Oct · Results

      Steel Authority of India Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 1720296 lacs for half year ending on 30-SEP-2007 against Rs. 1610406 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 322536 lacs for the half year ending on 30-SEP-2007 against Rs. 282922 lacs for the half year ending on 30-SEP-2006.
    • 30 Oct · Results

      Steel Authority of India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 916349 lacs for quarter ending on 30-SEP-2007 against Rs. 853909 lacs for the quarter ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 170024 lacs for the quarter ending on 30-SEP-2007 against Rs. 144281 lacs for the quarter ending on 30-SEP-2006.
    • 8 Oct · Meeting

      Steel Authority Of India Ltd. has submitted to the Exchange a copy of the minutes of Annual General Meeting of the Company held on September 20, 2007. 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.
    • 4 Oct · Board meeting

      To inter alia,consider and take on record Unaudited Financial results of the Company for half-year and quarter ended on September 30, 2007.
    • 1 Oct · Change in composition of board

      Steel Authority Of India Ltd. has informed the Exchange that on superannuation Shri K.K. Khanna has ceased to be Director (Technical) on the Board of the Company with effect from September 30, 2007. Further, Shri V.K. Gulhati has taken over as Director (Technical) on the Board of Directors of the Company w.e.f. October 01, 2007.
  12. Jul 2007

    • 25 Jul · Results

      Steel Authority of India Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 803947 lacs for quarter ending on 30-JUN-2007 against Rs. 741643 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 152512 lacs for the quarter ending on 30-JUN-2007 against Rs. 138641 lacs for the quarter ending on 30-JUN-2006.
    • 18 Jul · Meeting

      Steel Authority Of India Ltd. has informed the Exchange that the Annual General Meeting of the members of the Company will be held on September 20, 2007. Further, the Company has decided to close the Register of Members and Share Transfer Books ahead of the Annual General Meeting, from August 10, 2007 to August 29, 2007 (both days inclusive) for payment of dividend, if approved by the members at the said Annual General Meeting.
    • 9 Jul · Board meeting

      Meeting on 25 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
  13. Jun 2007

    • 28 Jun · Management

      Steel Authority Of India Ltd. has informed the Exchange that : "Shri S.N.P.N. Sinha has ceased to be Director on the Board of Steel Authority of India Limited (SAIL) with immediate effect".
    • 26 Jun · Memorandum of Understanding

      Steel Authority Of India Ltd. has informed the Exchange that : "SAIL is signing today a Memorandum of Understanding with Manganese Ore India Limited (MOIL) for setting up a Joint Venture Company (JVC) to produce ferro-manganese and silico-manganese. The Boards of SAIL and MOIL have already given in-principle approval to the proposal for setting of the JVC. MOIL, a public sector company has large resources of Manganese Ore in India and is capable of providing high value added inputs. SAIL decided to go in for a JVC with MOIL to ensure regular and quality supply of Manganese Ore at competitive cost. The proposed JVC will initially supply a projected volume of around 31,000 tonnes of ferro-manganese and 70,000 tonnes of silico-manganese, to meet a part of SAIL's requirement of these ferro-alloys to produce 24 million tonnes of crude steel by 2010, as part of the Company's growth plan. The proposed JVC will produce ferro-alloys through three furnaces to be set up in or around Bhilai. The Company will be incorporated with a debt- equity ratio of 1:1 and 50:50 shareholding by SAIL and MOIL".
    • 1 Jun · Business

      Steel Authority Of India Ltd. has informed the Exchange that: "The Board of Directors of Steel Authority of India Limited (SAIL) has approved 'in principle' the proposal for setting up a Steel Plant in Chhattisgarh with an initial capacity of 4 million tonnes per annum in joint venture with equity participation from SAIL, RINL and NMDC. Necessary activities for finalizing the Memorandum of Understanding with the joint venture partners are being initiated. The board also reiterated that action required for setting up of a green field plant in the state of Jharkhand linked to iron or lease may be taken by the Company".
  14. May 2007

    • 21 May · Dividend

      Steel Authority Of India Ltd. has informed the Exchange that subject to the approval of shareholders in the AGM, the Board of Directors in their meeting held on May 21, 2007, have recommended a final dividend @ 15% on paid up equity share capital, in addition to the interim dividend @ 16% already paid, for the financial year 2006-07, thus taking the total dividend to 31% on paid-up equity share capital.
    • 11 May · Change in composition of board

      Steel Authority Of India Ltd. has informed the Exchange that "On nomination by Government of India, the Board of Directors of Steel Authority of India Limited (SAIL) has approved the appointment of Shri S. S Ahmed, Executive Director, SAIL as Director (Commercial), on the Board of Directors of SAIL."
  15. Apr 2007

    • 26 Apr · Miscellaneous

      Steel Authority Of India Ltd. has informed the Exchange that: "Possibility of setting up a 4 million tonne Integrated Steel Plant in the State of Chhattisgarh as a Joint Venture amongst SAIL, RINL and NMDC is being explored. MOU in this regard would be entered into after obtaining necessary approvals".
    • 23 Apr · Board meeting

      To take on record the Audited Accounts (Subject to review under section 619(4) of the Companies Act, 1956) for the year and quarter ended 31st March 2007 and also to consider recommendation of final dividend for the year 2006-07, subject to approval of shareholders in the Annual General Meeting.
    • 16 Apr · Miscellaneous

      Steel Authority Of India Ltd. has informed the Exchange that "As per communication dated 9th / 11th April, 2007 received from Ministry of Coal, Government of India the Central Government has decided to allot Sitanala coking coal block in BCCL command area to M/s Steel Authority of India Ltd. to meet the coal requirements for its integrated steel plants."
    • 12 Apr · Results

      Steel Authority Of India Ltd. has informed the Exchange that "Since the Company will be publishing audited results within three months of the close of the accounting year 2006-07, the unaudited results for the fourth quarter are not being published/given to Stock exchanges."
  16. Mar 2007

    • 21 Mar · Business

      Steel Authority Of India Ltd. has informed the Exchange that Steel Authority of India Limited (SAIL) has signed a Shareholder Agreement with M/s. Jaiprakash Associates Limited (JAL) for formation of a Joint Venture Company (JVC). SAIL would hold minority stake of 26 percent in the JVC and the remaining 74 percent stake would be with JAL. The JVC will set up a cement plant for producing 2.2 million tonnes of Cement, at Bhilai (Chattisgarh) and at Satna (Madhya Pradesh), by using slag generated at Bhilai Steel Plant and lime stone from SAIL mines at Satna.
    • 20 Mar · News Verification

      News Verification : The media had reports on March 16, 2007 that Steel Authority Of India Ltd. may set up a 6 million tonne greenfield steel plant in Jharkhand, with an investment of Rs 18,000 crore. 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 officials of the company. Steel Authority Of India Ltd. has vide its letter inter-alia stated, "The subject of setting up of green field steel plants has been talked in the context of projected growth plan to increase its capacity upto 24 MT by 2010. In the line with the market prospect beyond 2010, SAIL is planning further growth at existing locations as well as at its new locations. The amount of such investments has not been finalized. Growth at new locations is also being planned at green field sites. One such project being conceptualized, is in the state of Jharkhand. For the same, a technical consultant, M/s MECON is being appointed to prepare a feasibility report to identify the proper location and its feasibility. It is estimated that capacity of such plant will be in the range of 6 MT initially to be expanded further. The final decision will be taken after availability of report from the consultant."
    • 16 Mar · News Verification

      News Verification : The media had reports that Steel Authority Of India Ltd. may set up a 6 million tonne greenfield steel plant in Jharkhand, with an investment of Rs 18,000 crore. 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 officials of the company. Reply is awaited from Steel Authority Of India Ltd.
  17. Feb 2007

    • 26 Feb · Change in composition of board

      Steel Authority Of India Ltd. has informed the Exchange that "On nomination by Government of India, the Board of Directors of Steel Authority of India Limited (SAIL) has approved the appointment of Shri S Bhattacharya, Executive Director, SAIL as Director (Finance), on the Board of Directors of SAIL".
  18. Jan 2007

    • 29 Jan · Dividend

      Steel Authority Of India Ltd. has informed the Exchange that the Board of Directors of SAIL (Steel Authority Of India Ltd.) in its meeting held on January 29,2007 have approved declaration of Interim Dividend @ 16% of the paid up share-capital of the Company for the Financial Year 2006-07.
    • 16 Jan · Board meeting

      To, inter alia, consider and take on record Unaudited Financial results of the Company for the quarter and nine months ended on 31st December, 2006 and also to consider Interim Dividend, if any, for the year 2006-07 at the said meeting. The Company has fixed Saturday, February 3, 2007 as the 'Record Date' for the purpose of payment of interim Dividend on Equity Shares for the Financial Year 2006-07, if declared by the Board.