Aditya Ispat Ltd — Important, 20-02-2026: Company Update

The company's Board has approved the sale of its Non-alloy steel manufacturing and trading business through a slump sale. This strategic move aims to mitigate recent losses and safeguard the company's future, considering current industry conditions and erosion of capital. The business being sold contributed significantly to the company's financials in FY 2024-25, accounting for 97.75% of its turnover (43.93 Cr) and 88.85% of its net worth (7.80 Cr). A lump sum purchase price will be finalized later upon executing a Business Transfer Agreement, and no buyer has been identified yet.