Aditya Ispat Extends Slump Sale Completion Date to Oct 31

Aditya Ispat Ltd has announced an extension for the completion of its Business Transfer Agreement (BTA) with Jai Bapji Ispat Private Limited, a related party. The slump sale of the company's non-alloy steel manufacturing and trading business, initially set to be effective March 1, 2026, and completed by August 31, 2026, has been postponed. The delay is attributed to administrative and operational difficulties encountered during pre-closing actions. The new expected completion date for the slump sale is now October 31, 2026.