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Aanchal Ispat Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a net loss of ₹1,340.23 lakhs for the year, impacted by exceptional items including a ₹3,938.29 lakhs gain from liability settlement and a ₹5,085.80 lakhs write-off of non-recoverable trade receivables, loans, and advances. The company underwent Corporate Insolvency Resolution Process (CIRP), with the resolution plan approved by NCLT, enabling a capital restructure and fresh equity infusion by the successful resolution applicant. Operational and financial restructuring steps are ongoing, aiming for improved performance and net worth recovery. Significant transactions were conducted with a related party at arm’s length, and key managerial positions were vacant during the year but filled post-resolution plan approval.