Ashiana Ispat Limited, a company undergoing Corporate Insolvency Resolution Process (CIRP), has deferred the consideration and approval of its Unaudited Financial Results (Standalone) for the quarter and half-year ended 30th September, 2026.
The deferment is due to the Limited Review by the Statutory Auditors not being completed as certain reconciliations and confirmations required for the review are pending on account of the Corporate Insolvency Resolution Process. Consequently, the financial results could not be finalized and were not considered and approved by the Interim Resolution Professional (IRP) on 14th November 2026 as previously intimated.
The Company expects to receive the Limited Review Report from the Statutory Auditors during the week commencing 16th November 2026. Upon receipt, the financial results shall be placed before the IRP for consideration and approval and submitted to the Exchange forthwith in accordance with Regulation 33 of the SEBI Listing Regulations and applicable SEBI Circulars governing Integrated Filing (Financial).
The Company acknowledges that the results will be submitted after the period specified in Regulation 33(3)(a) of the Listing Regulations and is taking all steps to complete the submission at the earliest.
Pursuant to the Company's Code of Conduct for Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the Company, which was closed with effect from 1st October 2026 for all Designated Persons and their immediate relatives, shall continue to remain closed until 48 hours after the declaration of the financial results.
Key Personnel
- Shakti Sharma, Chief Financial Officer (Authorized by the Interim Resolution Professional)
- Mr. Prashant Agarwal, Interim Resolution Professional (IBBI Reg. No. IBBI/IPA-001/IP-P00053/2017-18/10127)