Aanchal Ispat Ltd

Aanchal Ispat Ltd has announced a Board of Directors meeting scheduled for July 17, 2026. The primary agenda item is to consider and approve a proposal for fundraising through a Rights Issue of fully paid-up equity shares. This move is subject to applicable laws and regulatory approvals. Additionally, the company has informed that the trading window for designated persons is closed from July 1, 2026, until the declaration of financial results for the quarter ended June 30, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations.

Aanchal Ispat Ltd has announced an Extraordinary General Meeting (EGM) to be held on July 23, 2026, at 1:30 PM IST via Video Conference/Other Audio Visual Means. The EGM will consider special business, including altering the Articles of Association to allow for the issuance of various convertible securities and the issuance of Fully Convertible Warrants on a preferential basis to the promoter. The notice for the EGM, dated June 29, 2026, has been sent to eligible members. The book closure for the EGM is scheduled from July 17 to July 23, 2026. E-voting will be open from July 20 to July 22, 2026, for members holding shares as of July 16, 2026.

Aanchal Ispat Ltd has announced the closure of its trading window for all directors, key managerial persons, and designated employees. The window will remain shut from July 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter ended June 30, 2026. This measure is in compliance with SEBI's Prohibition of Insider Trading Regulations, 2015, and aims to prevent potential insider trading during the sensitive period leading up to and immediately following the financial results announcement.

Aanchal Ispat Ltd announced that its Board of Directors has approved the raising of funds up to ₹86.51 crore through the issuance of 10,55,000 Fully Convertible Warrants on a preferential basis. Each warrant has a face value of ₹10 and is priced at ₹82, convertible into an equivalent number of equity shares within 18 months. This issuance is subject to shareholder and regulatory approvals. The company also plans to alter its Articles of Association to facilitate such issuances and has scheduled an Extraordinary General Meeting (EGM) on July 23, 2026, to seek shareholder consent. Manisha Saraf & Associates has been appointed as the scrutinizer for the e-voting process at the EGM.

Aanchal Ispat Limited's Board of Directors, in a meeting held on June 23, 2026, approved the raising of funds up to ₹8,65,10,000 by issuing 10,55,000 Fully Convertible Warrants at ₹82 per warrant. These warrants are convertible into equity shares within 18 months, subject to shareholder and regulatory approvals. The Board also approved amendments to the Articles of Association to facilitate such issuances and decided to convene an Extraordinary General Meeting (EGM) on July 23, 2026, to seek shareholder consent. Manisha Saraf & Associates was appointed as the scrutinizer for the e-voting process at the EGM.

Aanchal Ispat Ltd has announced the closure of its trading window for dealing in the company's shares. This closure is effective from June 16, 2026, and will remain in effect until 48 hours after the declaration of the outcome of the Board Meeting scheduled for June 23, 2026. The Board Meeting is convened to consider a proposal for fund raising. The trading window closure applies to Directors, Key Managerial Persons, and Designated persons, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Aanchal Ispat Ltd has announced a Board of Directors meeting scheduled for June 23, 2026. The primary agenda item is to consider and approve a proposal for fund raising through various instruments like equity shares, equity-linked instruments, convertible preference shares, or warrants. The fundraising can be done via private placement, Qualified Institutions Placements (QIPs), further public issue, rights issue, or a combination thereof, subject to necessary approvals. Additionally, the company has informed that the trading window for its designated persons will be closed until 48 hours after the board meeting outcome is declared.

Shine Star Build Cap Pvt Ltd has disclosed its acquisition of 500,000 equity shares, representing 11.81% of the paid-up equity share capital of Aanchal Ispat Ltd. This acquisition occurred on June 5, 2026, through a Qualified Institutions Placement (QIP). Following this, Shine Star Build Cap's total holding in Aanchal Ispat stands at 11.81%. The total equity share capital of Aanchal Ispat increased from 2,833,331 shares to 4,233,331 shares post-acquisition.

Vira AIF Trust, through its Vira Bharat Opportunities Fund, has acquired a significant stake in Aanchal Ispat Ltd via a Qualified Institutional Placement (QIP). The acquisition increased the total diluted share capital of Aanchal Ispat Ltd from 2,83,33,310 shares to 4,23,33,310 shares. This disclosure is made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Nine ALPS Trust, through its Opportunity Fund, has acquired a 9.92% stake in Aanchal Ispat Limited. The acquisition, totaling 4,20,000 equity shares, was made via allotment in a Qualified Institutional Placement (QIP). The transaction increases the total diluted share capital of Aanchal Ispat. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.