BSEAanchal Ispat LtdLowNeutral
Announced Mon, 25 May · 18:41 IST

Pursuant to Regulation 44(3) of the SEBI (LODR) Regulations, 2015 attached herewith the Scrutiniser''s report for the EGM held on 23.05.2026 through VC/OAVM.

Board & Shareholder Meetings View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
1-day move
₹43.79
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.0+10.2+15.7+27.6+88.4+165.0+63.5
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AI summary

Aanchal Ispat Limited held an Extra-Ordinary General Meeting on May 23, 2026 via VC/OAVM. The only agenda item was a Special Resolution to raise capital via Qualified Institutions Placement (QIP) — issuance of equity shares and/or equity-linked securities. Voting was conducted remotely from May 20–22, 2026 and also at the meeting. Out of total eligible shares, 2,833,331 shares (79.88%) were polled. All 2,263,196 votes cast were in favour (100%), with zero votes against. The resolution was passed with the required special majority. The scrutinizer was Ms. Manisha Saraf of Manisha Saraf & Associates, Practising Company Secretaries, Kolkata.

Likely market impact

The QIP approval gives the company board authority to raise capital from qualified institutional investors, which could dilute existing shareholders but provides funds for growth or debt reduction. The unanimous vote in favour signals strong shareholder support.