Aanchal Ispat approves Q4/FY26 results, 10 Cr QIP, EGM

Aanchal Ispat Ltd's Board of Directors met on April 27, 2026, to approve the Audited Standalone Financial Results for the quarter and year ended March 31, 2026. The statutory auditors, M/s. Rajesh Jalan & Associates, issued an unmodified opinion on these results. Additionally, the Board approved raising funds up to 10 Crores through a Qualified Institutions Placement (QIP) by issuing equity shares. This fund-raising is contingent on shareholder and regulatory approvals. The company also appointed M/s. GYR Capital Advisors Private Limited as Lead Manager and M/s Vidhigya Associates as Legal Counsel for the QIP. An Extra-Ordinary General Meeting (EGM) is scheduled for May 23, 2026, at 1:30 P.M. to obtain shareholder approval for the QIP, with M/s Manisha Saraf & Associates appointed as Scrutinizer for e-voting.