Pursuant to Regulation 30 read with Part A Para (A)(13) of schedule III of the SEBI (LODR) Regulations, 2015, we wish to inform you that the EGM of the members of Aanchal Ispat Limited ....
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Aanchal Ispat Limited held its EGM on 19 February 2026 via video conferencing, chaired by Mr. Mukesh Goel with 20 members in attendance; the meeting ran from 01:33 PM to 01:55 PM IST. Six special resolutions were placed before members: changing the company name from 'Aanchal Ispat Limited' to 'Montera Limited', altering the object clause of the Memorandum of Association, approving enhanced borrowing powers under Section 180(1)(a) and 180(1)(c), approving loans/guarantees under Section 185, approving investments and security beyond prescribed limits under Section 186, and approving related party transactions. The CFO, Mr. Mukesh Kumar Agarwal, shared remarks on the company's financial and operational performance and future prospects. Two members registered as speakers and were promised detailed responses by email. Voting results will be filed with BSE and uploaded to the company's website within the regulatory timeline.
Shareholders should watch for a potential brand/restructuring shift with the proposed name change to Montera Limited, alongside the board's request for significantly expanded borrowing, lending, and related-party transaction powers, which may signal upcoming capital raising, debt expansion, or increased dealings with connected entities.