Net Loss of RMG Alloy Steel reported to Rs 8.82 crore in the quarter ended March 2018 as against net loss of Rs 16.89 crore during the previous quarter ended March 2017. Sales rose 76.99% to Rs 101.36 crore in the quarter ended March 2018 as against Rs 57.27 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 54.51 crore in the year ended March 2018 as against net loss of Rs 58.42 crore during the previous year ended March 2017. Sales rose 1.04% to Rs 235.26 crore in the year ended March 2018 as against Rs 232.84 crore during the previous year ended March 2017.

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RMG Alloy Steel will hold a meeting of the Board of Directors of the Company on 17 May 2018.

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RMG Alloy Steel announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 May 2018 .

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RMG Alloy Steel will hold a meeting of the Board of Directors of the Company on 14 April 2018, to consider obtaining members' approval for authorizing Board of Directors of the company to issue of equity shares/ warrants carrying option to subscribe to equity shares on preferential basis to the constituents of Promoters Group of the Company and Investors as may be selected by the Board of Directors and to approve the notice convening Extraordinary General Meeting along with its day, time and venue (with e- voting facility) for the above.

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