Steel City Securities Limited (Symbol: STEELCITY) has informed the National Stock Exchange of India that its Board of Directors met on March 30, 2026, to deliberate on key strategic and financial matters. The primary outcomes include the formal approval for the renewal and enhancement of existing credit facilities and a comprehensive review of the company’s digital business expansion strategy.

The Board has approved the enhancement of credit facilities availed from ICICI Bank, increasing the limit from the existing ₹10 Crores to ₹11 Crores to support operational requirements. Furthermore, the leadership team conducted a detailed discussion regarding the E-Governance Business Plan, signaling a continued focus on diversifying its service portfolio beyond traditional financial markets. The meeting, held at the registered office in Visakhapatnam, concluded at 12:30 PM.

Incorporated in 1995, Steel City Securities Limited is a prominent retail stockbroker with a significant presence in Southern India. The company provides a comprehensive trading platform for the Capital Market, Futures & Options, Commodities, and Currency Derivatives segments across major exchanges including NSE, BSE, MCX, MSEI, and NCDEX. In 2025, the company maintained its leadership in the franchisee model, particularly in Andhra Pradesh, and continued to offer services as a Depository Participant for both NSDL and CDSL. Recent updates from late 2025 highlight the company’s efforts to expand into remote locations to create financial awareness and its consistent status as a leading Point of Presence (PoP) for NSDL-CRA.

For the quarter ended December 2025, the company reported a revenue of ₹16.16 Crores, representing a slight sequential decline of 0.86% compared to the September 2025 quarter. However, the net profit for the same period stood at ₹3.72 Crores, showing a robust quarterly (QoQ) jump of 18.85%. On a year-over-year (YoY) basis, the performance was more subdued, with revenue falling 5.39% and net profit declining 23.3% compared to the corresponding quarter of the previous year. Notable investors and major shareholders in 2025 include Guruvu Vishnu Vandana (17.05%), Guruvu Sirisha (16.18%), and Managing Director Satish Kumar Arya (11.66%). Promoters collectively held a dominant 74.70% stake in the company as of the December 2025 reporting cycle.