Reg 34(1) Annual Report for the FY 2025-26

AFLOAT ENTERPRISES LIMITED (FORMERLY KNOWN AS ADISHAKTI LOHA AND ISPAT LIMITED) Regd. Office: Plot 3, SHOP 325, DDA C.CNTR, Aggarwal Plaza, Sec-14, Rohini New Delhi -110085 Phone: +91-9810260127, E-mail: info@adishaktiloha.com, CIN: L46209DL2015PLC275150 September 04, 2026 The Department of Corporate Relations BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai-400 001 SECURITY CODE: 543377 ISIN: INE0CWK01019 Subject: Submission of Notice of AGM and Annul Report U/r 34 (1) of SEBI (LODR) Regulation, 2015 Dear Sirs Pursuant to regulation 34 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report for the financial year ended 31st March, 2026 including Notice of the Annual General Meeting of the Company scheduled to be held on Wednesday, 30th September, 2026 at 01:30 P.M. at the registered office of the company at Plot 3, SHOP 325, DDA C.CNTR, Aggarwal Plaza, Sec-14, Rohini New Delhi -110085. Further in compliance with Regulation 36(1)(b) of the SEBI Listing Regulations, a letter will be sent to the shareholders whose e-mail addresses are not registered with the Registrar and Share transfer Agent /Depository Participants, providing a web-link from where the Annual Report for the FY 2025- 26 can be accessed on the website of the Company. The Company will provide to its members the facility to cast their vote(s) on all resolutions set out in the Notice by electronic means (”e-voting"). The Remote e-voting Details are given below: Cut-off Date for ascertaining list of shareholder 23rd September, 2026 for remote e-voting Remote e-voting Start date with time 27th September, 2026 (09:00 AM) Remote e-voting End date with time 29th September, 2026 (05:00 PM) Day, Date and Time of AGM Wednesday , 30th September, 2026 at 01:30 PM We request you to kindly take the above information on record Thanking You, Yours faithfully, For AFLOAT ENTERPRISES LIMITED (Formerly Adishakti Loha and Ispat Limited) Pawan Kumar Mittal Director DIN: 00749265 Place: Delhi AFLOAT ENTERPRISES LIMITED FORMERLY ADISHAKTI LOHA AND ISPAT LIMITED ANNUAL REPORT FINANCIAL YEAR 2025-26 ( Page No. 1 ) AFLOAT ENTERPRISES LIMITED (Formerly Known as Adishakti Loha and Ispat Limited) 11 Annual Report Financial Year 2025-26 AFLOAT ENTERPRISES LIMITED FORMERLY ADISHAKTI LOHA AND ISPAT LIMITED ANNUAL REPORT FINANCIAL YEAR 2025-26 ( Page No. 2 ) CORPORATE INFORMATION CORPORATE IDENTIY NUMBER L46209DL2015PLC275150 BANKER OF THE COMPANY Yes Bank Limited BOARD OF DIRECTORS Netaji Subhash Place, Delhi Mr. Pawan Kumar Mittal, Non- Executive Director BOARD COMMITTEES Mr. Lovish Kataria, Independent Director Mrs. Swati Jain, Independent Director Audit Committee Mr. Kanwar Nitin Singh, Independent director Mr. Kanwar Nitin Singh, Chairman & Member Mr. Lovish Kataria, Member KEY MANAGERIAL PERSONNEL Mr. Pawan Kumar Mittal, Member Mrs. Pallavi Sharma, Company Secretary& Compliance Officer Nomination & Remuneration Committee Mrs. Anshu Aggarwal, CFO&CEO Mr. Lovish Kataria, Chairman & Member Mrs. Swati Jain, Member STATUTORY AUDITOR Mr. Pawan Kumar Mittal, Member M/s V. N. Purohit & Co., Chartered Accountants Stakeholders Grievances Committee 214, New Delhi House, Mr. Kanwar Nitin Singh, Chairman & Member 2nd Floor, 27, Barakhamba Road, Mr. Lovish Kataria, Member New Delhi-110001 Mr. Pawan Kumar Mittal, Member SECRETARIAL AUDITOR REGISTRAR & SHARE TRANSFER AGENT M/s G Aakash & Associates Bigshare Services Private Limited Company Secretaries, 302, Kushal Bazar Address: 1878, H.B.C., Sector-13, 17, 32-33, Nehru Place, New Delhi-110019 Panipat-132103, Haryana Tel: 011-42425004, 47565852 E-mail Id: mukesh@bigshareonline.com REGISTERED OFFICE Plot-3, 325, IIIrd Floor, INVESTORS HELDESK Aggarwal Plaza, Sector-14, Contact Person- Mrs. Pallavi Sharma Rohini, New Delhi-110085 Company Secretary & Compliance Officer, Email Id: info@adishaktiloha.com COMPANY'S WEBSITE www.adishaktiloha.com AFLOAT ENTERPRISES LIMITED FORMERLY ADISHAKTI LOHA AND ISPAT LIMITED ANNUAL REPORT FINANCIAL YEAR 2025-26 ( Page No. 3 ) CONTENTS S. No. PARTICULARS PAGE NO. 1. Notice 4-22 2. Attendance Slip 23 3. Proxy Forms 24-25 4. Polling Paper 26 5. Route Map of Venue 27 6. Directors Report 28-44 7. Particulars of Employees and their Remuneration Disclosures (Annexure A) 45-46 8. Management Discussion and Analysis Report (Annexure-B) 47-49 9. Secretarial Audit Report Form MR-3 (Annexure- C) 50-53 10. Independent Auditor’s Report (Annexure-D) 54-62 11. Balance sheet 63 12. Statement of Profit and loss 64 13. Cash flow Statements 65 14. Notes to the financial Statements 66-74 15. Form AOC-2 75 16. Form AOC-1 76 AFLOAT ENTERPRISES LIMITED FORMERLY ADISHAKTI LOHA AND ISPAT LIMITED ANNUAL REPORT FINANCIAL YEAR 2025-26 ( Page No. 4 ) AFLOAT ENTERPRISES LIMITED Regd off: Plot3, Shop 325, DDA C.Cntr, Aggarwal Plaza, Sec-14, Rohini, New Delhi-110085 (Formerly Adishakti Loha and Ispat Limited) Phone: 9810260127, Email: info@adishaktiloha.com, CIN: L46209DL2015PLC275150 N O T I C E NOTICE IS HEREBY GIVEN THAT THE 11TH ANNUAL GENERAL MEETING OF THE MEMBERS OF AFLOAT ENTERPRISES LIMITED (FORMERLY KNOWN AS ADISHAKTI LOHA AND ISPAT LIMITED) (HEREINAFTER REFERRED AS “THE COMPANY”) WILL BE HELD ON WEDNESDAY, SEPTEMBER 30, 2026, AT 01:30 P.M. AT THE REGISTERED OFFICE OF THE COMPANY SITUATED AT PLOT3, SHOP 325, DDA C.CNTR, AGGARWAL PLAZA, SEC-14, ROHINI, NEW DELHI-110085 TO TRANSACT THE FOLLOWING BUSINESS(S): ORDINARY BUSINESS: ITEM NO.1: ADOPTION OF FINANCIAL STATEMENTS. To receive, consider and adopt the audited Standalone Financial statements of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and the auditors thereon. ITEM NO. 2: APPOINTMENT OF M/S. S K HANDA & ASSOCIATES, CHARTERED ACCOUNTANTS (FRN NO:016424N) AS STATUTORY AUDITOR OF THE COMPANY. To consider and if thought fit, pass the following resolution as Ordinary Resolution: “ RESOLVED THAT pursuant to the provisions of Sections 139, 142 and other applicable provisions, if any, of the Companies Act, 2013 read with the Rules framed thereunder as amended from time to time (including any statutory modification(s) or re-enactment thereof for the time being in force) and based on the recommendation of Audit Committee and the Board of Directors, M/s. S K HANDA & ASSOCIATES, Chartered Accountants (FRN NO:016424N) and Peer review Certificate no: 022934) be and are hereby appointed as the Statutory Auditors of the Company, to hold office for a term of five consecutive years from the conclusion of the 11th Annual General Meeting (AGM) until the conclusion of the 16th AGM of the Company, on such remuneration as may be mutually agreed upon between the Board of Directors and the Statutory Auditors. RESOLVED FURTHER THAT the Board or any duly constituted Committee of the Board, be and is hereby authorized to do all acts, deeds, matters and things as may be deemed necessary and/or expedient in connection therewith or incidental thereto, to give effect to the foregoing resolution.” SPECIAL BUSINESS: ITEM NO.3: TO APPROVE APPOINTMENT OF MR. INDRAJEET PRADHAN (DIN-10148955) AS A NON- EXECUTIVE, INDEPENDENT DIRECTOR OF THE COMPANY. To consider and if thought fit, pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Section 149, 150, 152, 160 and other applicable provisions, if any, of the Companies Act, 2013 (the “Act”) read with Schedule IV and the Companies (Appointment and Qualification of Directors) Rules, 2014 and other applicable Rules made thereunder (including any statutory modification(s) or reenactment(s) thereof for the time being in force), applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the “Listing Regulations”), as amended, enabling provisions of the Memorandum and Articles of Association of the Company, and such other applicable laws and regulations and subje [Showing first 8,000 characters — download PDF for full document]