AANCHAL ISPAT LIMITED

Key Agenda Items

The Board meeting will consider and approve:

  • A proposal for fund raising by the Company through various instruments including:
  • Equity shares
  • Equity linked instruments or securities
  • Convertible preference shares
  • Warrants entitling holders to apply for equity shares
  • Other eligible securities

Fund Raising Methods Under Consideration

  • Private Placement
  • Qualified Institutions Placements (QIPs)
  • Further public issue of Equity
  • Rights issue
  • Any other permissible mode
  • Combination of the above methods

Approvals Required

The fund raising proposal is subject to:

  • Approval of members at general meetings
  • Other statutory/regulatory approvals
  • Lender's approval (where applicable)

Trading Window Closure

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct:

  • The trading window for dealing in securities of the company will remain closed for designated persons/insiders
  • Closure period: Until 48 hours after the declaration of the board meeting outcome to stock exchanges