Several listed companies made regulatory disclosures and announced corporate actions that are likely to keep their stocks in focus in Wednesday's trade.
IRM Energy Limited
IRM Energy informed stock exchanges that its board has updated the list of Key Managerial Personnel authorised to determine materiality of events and make disclosures under SEBI Listing Regulations.
The authorised officials include:
Amitabha Banerjee, Whole-Time Director
Manoj Kumar Sharma, Chief Executive Officer
Arun Kumar Saluru, Chief Financial Officer
Akshit Soni, Company Secretary and Compliance Officer
Centrum Capital Ltd
Centrum Capital said it has received Reserve Bank of India (RBI) approval on February 3, 2025, for the proposed change in control and acquisition of stake in its subsidiary, Centrum Housing Finance Ltd, by Weaver Services Pvt Ltd.
The company clarified that the closure of the transaction remains subject to fulfilment of conditions precedent outlined in the share purchase agreement.
Corporate Actions: Interim Dividends
Aarti Drugs (BSE)
Interim Dividend: ₹2 per share
Record Date: February 9, 2026
Ex-Date: February 9, 2026
Alldigi Tech (NSE)
Interim Dividend: ₹30 per share
Record Date: February 4, 2026
Ex-Date: February 4, 2026
Amrutanjan Health Care (BSE)
Interim Dividend: ₹1 per share
Record Date: February 7, 2026
Ex-Date: February 6, 2026
Brisk Technovision (BSE)
Interim Dividend: Announced
Record Date: February 19, 2026
Ex-Date: February 18, 2026
Crizac (NSE)
Interim Dividend: ₹8 per share
Record Date: February 4, 2026
Ex-Date: February 4, 2026
Broker View: Steel Authority of India Ltd (SAIL)
Prabhudas Lilladher maintained a ‘Hold’ rating on Steel Authority of India Ltd, with a revised target price of ₹151.
Q3FY26 Performance Snapshot
Standalone Revenue: ₹273.7 billion, up 12% YoY
EBITDA: ₹23 billion, up 13% YoY
EBITDA per tonne: ₹4,465, down 2% YoY due to weaker steel prices
PAT: ₹4.41 billion, a 3.5x YoY jump on a low base
Sales Volume: 5.15 million tonnes, up 16% YoY
Key Takeaways
Management expects sequential improvement in EBITDA per tonne, aided by higher demand and inventory liquidation.
Rising coking coal prices remain a key risk to margin expansion.
Capex guidance revised upwards, driven by the integrated steel plant expansion project, with peak spending expected in FY28–29.
Despite improving operating metrics, the brokerage believes valuations appear full, given higher leverage and execution risks, and therefore retains a cautious stance.
Disclaimer
This market update is for informational purposes only and is based on publicly available data and sources considered reliable. It does not constitute investment advice or a recommendation to buy or sell any securities. Readers are advised to consult their financial advisors before making investment decisions.
