StockWatch
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Iron & Steel Products
Management Change14 Oct 2026, 07:00 pm

Afloat Enterprises CEO & CFO Resign; New CEO Appointed

AI Summary

Afloat Enterprises Limited (formerly Adishakti Loha and Ispat Limited) announced significant management changes following a board meeting on October 14, 2026. Ms. Anshu Aggarwal resigned as Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Key Managerial Personnel (KMP) due to personal reasons. Concurrently, Mr. Ashish Kumar has been appointed as the new CEO and KMP. Additionally, Mr. Pawan Kumar Mittal resigned as a Non-Executive Non-Independent Director. Ms. Seema Kushwaha was appointed as Company Secretary and Compliance Officer.

Key Highlights

  • CEO and CFO Ms. Anshu Aggarwal has resigned.
  • Mr. Ashish Kumar appointed as new CEO.
  • Director Mr. Pawan Kumar Mittal also resigned.
  • Ms. Seema Kushwaha appointed Company Secretary.