Aanchal Ispat Ltd — Updates, 29-05-2025: Company Update

Aanchal Ispat Limited has announced a board meeting on 11 June 2025 to consider the financial results for the quarter and half-year. The company was under Corporate Insolvency Resolution Process (CIRP) since September 2023, with the resolution plan approved by NCLT in March 2025 and a new board constituted in April 2025. During the financial year 2024-25, the company complied with most statutory requirements but had procedural delays in regulatory filings linked to its CIRP status. Outstanding regulatory fees and fines remain pending, with ongoing efforts for settlement as per the approved resolution plan. The company’s related party transactions were conducted on arm’s length basis.