VISA Chrome Limited Announces 30th AGM and Annual Report for FY26
VISA Chrome Limited will hold its 30th AGM on September 29, 2026. The company reported FY26 consolidated revenue of ₹561.62 Crore and profit after tax of ₹1,050.15 Crore. A significant loan restructuring with ACRE was completed, and ₹140 Crore was raised through warrant conversions for debt repayment. The company's name was changed from VISA Steel Limited to VISA Chrome Limited on April 28, 2026.
The announcement includes details on financial performance, debt restructuring, and a name change, which are material to investors. The upcoming AGM is also a significant event for shareholders.
The announcement reports on the annual general meeting and annual report, including financial performance and debt restructuring. While the financial results show a significant profit after tax, this is largely due to an exceptional item from loan restructuring, and the operating profit has decreased. The name change and AGM are routine corporate events.
VISA Chrome Limited (formerly VISA Steel Limited) has announced its 30th Annual General Meeting (AGM) to be held on Tuesday, 29 September 2026, at 12:00 PM via Video Conference (VC) / Other Audio-Visual Means (OAVM). The company has also released its Annual Report for the Financial Year 2025-26. The report details the company's financial performance, with consolidated Revenue from operations at ₹561.62 Crores and operating profit at ₹20.06 Crores for FY 2025-26, compared to ₹566.21 Crores and ₹32.22 Crores in FY 2024-25, respectively. The company also reported a profit after tax of ₹1,050.15 Crores for FY26, largely due to an exceptional item related to loan restructuring. The company has finalized a restructuring/settlement of its outstanding loan exposure with Assets Care and Reconstruction Enterprise (ACRE) and has received a sanction letter for the same. During the year, the company approved and allotted 5,00,00,000 warrants convertible into equity shares at ₹40 each, of which 3,00,00,000 warrants have been converted into equity shares for ₹140 Crores, utilized for debt repayment. The company's name change from VISA Steel Limited to VISA Chrome Limited was effective from 28 April 2026. The report also highlights the company's commitment to Corporate Social Responsibility (CSR) initiatives in education, healthcare, rural development, safety, environment, sports, and culture. The company has not recommended any dividend for FY 2025-26.
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VISA Chrome Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by VISA Chrome Limited. Read the original for the full detail.