Ankit Metal & Power Limited — Important, 09-01-2025: Disclosure of material issue

Ankit Metal & Power Limited has received a warning letter from the stock exchanges due to non-compliance with SEBI regulations related to the timely disclosure of the resignation of its Chief Financial Officer, Mr. Vipul Jain, which was effective from December 18, 2023. The company disclosed this resignation on December 22, 2023, exceeding the mandated timeline. The warning calls for the company to take corrective measures to prevent such lapses in the future. Adherence to compliance requirements is crucial to maintain investor confidence, and any future deviations may lead to serious consequences. Stakeholders should stay alert to developments regarding compliance actions and their potential impact on operations and governance practices.