Ashiana Ispat Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/01/2026 ,inter alia, to consider and approve Agenda items as per the attachment.
Awaiting price reaction for this filing.
The Board of Directors of Ashiana Ispat Ltd is scheduled to meet on 15 January 2026 to consider key business matters. These include approving a Share Purchase Agreement (SPA) for transfer of shares from existing promoters/management to a strategic partner on an offline basis, subject to regulatory approvals. The Board will also consider appointing Mr. Tarun Jain as an Additional Director (Non-independent, Non-Executive) and Mr. Shakti Sharma as the new Chief Financial Officer. The name of the strategic partner and the size/percentage of the share transfer have not been disclosed in this intimation.
Shareholders should watch for details of the strategic share transfer and the SPA terms, as a change in promoter/management shareholding could be material to the stock. The new CFO and director appointments will also shape the company's leadership going forward.