Aanchal Ispat Ltd — Others, 05-08-2025: Others

Aanchal Ispat Limited has successfully completed its Corporate Insolvency Resolution Process (CIRP), with the NCLT approving the resolution plan led by Mr. Mukesh Goel. This led to a full board reconstitution and management control transfer. The company's financial results for FY25 show revenue at ₹151.30 Cr and a post-tax loss of ₹13.40 Cr. A significant financial restructuring included settling claims for ₹54.50 Cr and writing off ₹50.87 Cr in old dues and ₹4.42 Cr in inventory. The equity base will be revamped, with the promoter group holding 94.96%. The company expects improved financial performance and will hold its 30th Annual General Meeting on September 1, 2025.