BSEAanchal Ispat LtdLowNeutral
Announced Sat, 21 Feb · 15:41 IST

In terms of regulation 44(3) of the SEBI (LODR) Regulations, 2015 we are enclosing herewith the voting results and scrutinizer''s report issued by Ms. Manisha Saraf, proprietor, M/s Manisha ....

Related Party TransactionsBoard & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Aanchal Ispat Limited held an Extra-Ordinary General Meeting (EGM) on February 19, 2026, through video conferencing, where shareholders approved all six special resolutions with overwhelming majority. The key resolution was changing the company's name from 'Aanchal Ispat Limited' to 'Montera Limited', which passed with 99.999% votes in favor. Other approved resolutions include altering the object clause of the Memorandum of Association, expanding the Board's borrowing powers under Section 180, approving loans/guarantees under Section 185 and Section 186, and approving related party transactions. Out of 28,33,331 outstanding shares, 21,44,850 shares (75.70%) were polled, with virtually all valid votes cast in favor of each resolution. Ms. Manisha Saraf served as the scrutinizer for the e-voting process.

Likely market impact

Shareholders should note the company's proposed name change to 'Montera Limited' may signal a strategic shift or rebranding exercise. The approved increase in borrowing powers and related party transaction limits gives management significantly more financial flexibility, which could benefit future expansion but also increases risk exposure for minority shareholders.