AANCHAL ISPAT LIMITED

Meeting Details

The 31st Annual General Meeting of Aanchal Ispat Limited was held on Wednesday, 23rd September 2026 at 01:30 PM IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

Attendance

Directors and Key Managerial Personnel Present:

  • Mr. Mukesh Goel - Chairman of the meeting and Managing Director (DIN: 00555061)
  • Mr. Manoj Goel - Non-Executive Non-Independent Director
  • Ms. Nilu Nigania - Non-Executive Independent Director, Chairperson of Nomination Remuneration Committee and Stakeholder Relationship Committee, Member of Audit Committee
  • Mr. Amit Kumar Agarwalla - Non-Executive Independent Director, Chairperson of Audit Committee, Member of Nomination & Remuneration Committee and Stakeholder Relationship Committee
  • Mr. Mukesh Kumar Agarwal - Chief Financial Officer
  • Mr. Puspendu Kayal - Company Secretary & Compliance Officer

Other Representatives Present:

  • Mrs. Manisha Saraf (M/s Manisha Saraf & Associates) - Secretarial Auditor
  • Mr. Rajesh Jalan (Rajesh Jalan & Associates) - Statutory Auditor
  • Mr. Rana Ghosh - Cost Accountant
  • Mrs. Khushbu Agarwal (Sailesh Agarwal & Associates LLP) - Internal Auditor

A total of 39 members attended the meeting. The Chairman confirmed requisite quorum was present.

Proceedings Summary

Mr. Puspendu Kayal, Company Secretary, welcomed members and explained the VC/OAVM process. The Chairman addressed the members. Members were informed that copies of audited financial statements for year ended March 31, 2026, Board's Report, and Auditors' Report had been emailed to all members, with statutory registers available online for inspection.

Mr. Mukesh Kumar Agarwal, Chief Financial Officer, presented remarks on the company's financial and operational performance and emphasized future prospects.

Business Items Considered

1. Ordinary Resolution: To consider and adopt the audited standalone financial statements of the company for FY 2025-2026 including the balance sheet and statement of profit and loss for the year ended March 31, 2026, along with reports of board of directors and auditors.

2. Ordinary Resolution: To appoint a director in place of Mr. Manoj Goel (DIN: 00554986), who retires by rotation and being eligible, offers himself for re-appointment.

3. Ordinary Resolution: Special Business - Ratification of remuneration payable to Mr. Rana Ghosh, the Cost Auditor of the company for the financial year 2026-27.

Voting Process

Members were provided facility for electronic remote e-voting on all resolutions. Members present at the AGM who had not cast votes electronically were provided opportunity to cast votes through e-voting during the meeting. The e-voting facility remained open for 15 minutes after conclusion of the AGM. Voting by show of hands was not permitted.

Member Interaction

Four members registered as speakers raised queries and comments, which were duly noted with assurance that detailed responses would be provided by email.

Meeting Timing

The meeting commenced at 01:41 PM IST and concluded at 02:15 PM IST (duration: 34 minutes).

Post-Meeting Actions

Voting results will be declared and intimated to the Stock Exchange and simultaneously uploaded on the company's website within stipulated timelines.

Financial Impact

Financial impact not quantified in the disclosure.