Aditya Ispat Ltd — Important, 31-03-2026: Company Update

Aditya Ispat Limited has executed an agreement for the slump sale of its Non-alloy steel manufacturing and trading business to Jai Bapji Ispat Private Limited, a promoter group entity. This business segment, which accounted for 97.75% of the company's FY2024-25 turnover (INR 43.93 Cr) and 88.85% of its net worth (INR 7.80 Cr), is being sold for a lump sum consideration of INR 3.68 Cr. The company cites sustained losses, high finance costs, and declining margins as reasons for the sale, as these factors severely eroded its net worth and made the business commercially unviable long-term. This arm's length transaction will not alter Aditya Ispat's shareholding pattern.