Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') and SEBI Circular ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aanchal Ispat Limited's board, at its meeting on 02 January 2026, approved three proposals. First, changing the company's name from 'Aanchal Ispat Limited' to either 'Montera Limited' or 'Montera Ispat Limited', subject to MCA and shareholder approval. Second, expanding the Main Object Clause of the Memorandum of Association to include new business lines such as electrical products (insulating tapes, cables, connectors), engineering and contracting works (mechanical, electrical, civil, metallurgical), and railway carriage, wagon and locomotive components. Third, shifting the registered office from Kolkata, West Bengal to Mumbai, Maharashtra, subject to shareholder and Central Government approval.
This signals a strategic rebranding and diversification move beyond the core steel (ispat) business into electrical, engineering, and railway component segments. The relocation to Mumbai may improve access to capital markets and corporate networks. All three proposals still need shareholder and regulatory clearances, so execution timelines remain uncertain.