Dividend / buyback / bonusMajor developmentFiled on BSE ·

Steel Strips Wheels Ltd renews lease with AMW Autocomponent Ltd till 2031

Steel Str. Wheel · Auto Components

What the filing says

  • Lease agreement renewed for up to 5 years from 26.11.2026, extendable as required; monthly rent ₹4.5 crore
  • AMW Autocomponent Ltd (AACL), a wholly owned subsidiary, is the lessor; transaction at arm’s length
  • Board approved setting up new Hot Stamping capacity (2.5 million units) in Maharashtra with ₹815 crore capex over 60 months

Why it's rated major development: the year-on-year change is 232% (50% or more)

Original filing

Corporate Action-Board approves Dividend

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.