As per the annexure
Awaiting price reaction for this filing.
Ashiana Ispat Limited has appointed Mr. Kamal Wadhwani (DIN: 10076368) as the new Chairman of the Board of Directors with immediate effect, effective from December 23, 2025. Mr. Wadhwani is already an existing Independent Director of the company and has been elevated to the Chairman role. He will also preside as Chairman at all general meetings and annual general meetings of the company. Importantly, there is no change in the composition of the Board — this is purely a role change for an existing director, with no new appointment, resignation, or retirement involved.
This is a routine internal governance change with no impact on shareholders or stock price, as no director has left or joined the board. It reflects the company formally designating its Chairman, which is a standard corporate governance requirement.