Board Meeting14 Oct 2026, 06:50 pm
Adishakti Loha and Ispat Ltd: Board Meeting Outcome
AI Summary
Adishakti Loha and Ispat Limited (formerly Afloat Enterprises Limited) announced the outcome of its Board Meeting held on October 14, 2026. The board accepted the resignation of Mr. Pawan Kumar Mittal as Non-Executive Non-Independent Director and Ms. Anshu Aggarwal as CEO, CFO, and KMP, both citing personal reasons. The company also approved the appointment of Ms. Seema Kushwaha as Company Secretary and Compliance Officer, and Mr. Ashish Kumar as Chief Executive Officer (CEO) and KMP, effective October 14, 2026.
Key Highlights
- Board accepted resignation of Non-Executive Director Mr. Pawan Kumar Mittal.
- CEO & CFO Ms. Anshu Aggarwal also resigned due to personal reasons.
- Ms. Seema Kushwaha appointed as Company Secretary and Compliance Officer.
- Mr. Ashish Kumar appointed as Chief Executive Officer (CEO).
- All changes are effective from October 14, 2026.
Price Impact
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