Please find attached a copy of the 30th Annual Report of the company under Regulation 34 of the SEBI (LODR), Regulations, 2015. the Annual Report is also available on the website of the ....
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Aanchal Ispat Ltd submitted its 30th Annual Report to BSE under SEBI LODR Regulation 34. The 30th Annual General Meeting is scheduled for September 1, 2025 at 1:30 PM via video conferencing. The report reveals that the company went through the Corporate Insolvency Resolution Process (CIRP) under the IBC, admitted by NCLT Kolkata on September 12, 2023. The Resolution Plan submitted by promoter Mr. Mukesh Goel was approved 100% by the Committee of Creditors on June 6, 2024 and sanctioned by NCLT on March 27, 2025. The Board was reconstituted on April 10, 2025 with management control returned to the new Board. AGM items include adoption of FY25 financials, re-appointment of Whole Time Director Manoj Goel, re-appointment of statutory auditors Rajesh Jalan & Associates for a second 5-year term, appointment of Manisha Saraf & Associates as secretarial auditor for 5 years, and ratification of Rs 40,000 remuneration for cost auditor Rana Ghosh for FY26.
Shareholders should note this is a turnaround story: the company has emerged from insolvency with promoter-backed resolution plan now approved and Board reconstituted. The revival could positively impact stock sentiment, but investors should review the FY25 financial statements (included in the report) to assess actual post-resolution performance and ongoing execution risks.