Ashiana Ispat Ltd — Important, 23-12-2025: Company Update

Ashiana Ispat Limited's Board has reconstituted its Audit Committee with immediate effect to ensure compliance with governance requirements. Mr. Puneet Jain, Promoter Executive Director, has ceased to be a member of the committee. Ms. Darshan, a Non-independent Non-Executive Director, has been appointed as a new member. The updated committee includes Mr. Kamal Wadhwani (Independent Chairman), Ms. Pooja Dhiman (Independent), and Ms. Darshan (Non-independent Non-executive Director). This move is crucial for strengthening corporate governance and maintaining regulatory adherence, which enhances investor confidence in the company's operational integrity.