AANCHAL ISPAT LIMITED
Key Quantitative Figures
- Total Equity Shares Allocated: 14,00,000 (1.4 million) shares
- Face Value per Share: ₹10
- Issue Price per Share: ₹50 (including premium of ₹40 per share)
- Total Funds Raised: ₹7,00,00,000 (based on 14,00,000 shares × ₹50)
Dates and Timeline
- QIP Opening Date: June 03, 2026
- QIP Closing Date: June 05, 2026
- Board Meeting Date: June 05, 2026
- Board Meeting Duration: 4:15 PM to 4:40 PM
- Placement Document Date: June 05, 2026
Parties Involved
- Issuer: Aanchal Ispat Limited
- Regulatory Recipient: BSE Limited
- Investors: Qualified Institutional Buyers
Board Approvals
The Board of Directors at their meeting on June 5, 2026, approved:
1. Closure of the QIP issue period on June 05, 2026
2. Allocation of 14,00,000 Equity Shares to eligible Qualified Institutional Buyers at ₹50 per share
3. Adoption of the Placement Document dated June 05, 2026
4. Finalization of allocation confirmation notes to be sent to investors
Capital Structure Impact
The issuance represents a dilution of equity capital through the allocation of 1.4 million new equity shares. The specific impact on shareholding pattern and percentage dilution is not quantified in the disclosure.