BSECompany Update2d ago · 7 Nov 2026, 03:08 pm

As per attached

Ashiana Ispat Ltd · 513401

✦ AI Summary▼ NegativeDebt Restruc.

Ashiana Ispat Ltd has informed the BSE that it is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The company's powers are suspended, and the Interim Resolution Professional (IRP) will consider and approve the unaudited financial results for the quarter and half-year ended 30th September, 2026. The trading window for dealing in the company's securities has been closed from 1st October, 2026, and will remain closed until 48 hours after the declaration of the financial results.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk8/10
Liquidity Impact4/10
Market Sentiment2/10

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Full Announcement

Ashiana Ispat Ltd - 513401 - Prior Intimation Under Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 Regarding Consideration And Approval Of Unaudited Financial Results

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ASHIANA ISPAT LIMITED C-105, First Floor, Tower - C, Ansal Plaza, CIN: L271I07RJIS92PLCO06611 Khelgaon, HUDCO Place, www.ashianaispat.in New Delhi (110049) Date: 06.11.2026 The General Manager Department of Corporate Services — Listing BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai — 400 001 Scrip Code: 513401 Sub: Prior Intimation under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding consideration and approval of Unaudited Financial Results Dear Sir/Madam, Pursuant to Regulation 29(1)(a) and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we hereby inform you that the Company is undergoing Corporate Insolvency Resolution Process ("CIRP") under the provisions of the Insolvency and Bankruptcy Code, 2016 ("IBC"). Pursuant to the order admitting the Company into CIRP, the powers of the Board of Directors of the Company stand suspended and are being exercised by the Interim Resolution Professional ("IRP") in accordance with the provisions of the IBC. Accordingly, the Unaudited Financial Results (Standalone) of the Company for the quarter and half-year ended 30th September, 2026, together with the Limited Review Report thereon issued by the Statutory Auditors, shall be considered and approved by the IRP on 14th November, 2026, and thereafter the same shall be submitted to the Stock Exchange in accordance with Regulation 33 of the Listing Regulations and the applicable SEBI Circulars governing Integrated Filing (Financial). sé oem" REG A, OFF A-bLL6, RE Ce ASHIANA ISPAT LIMITED C-103, First Floor, Tower - C, Ansal Plaza, CIN: L27107RJI992PLCO06611 Khelgaon, HUDCO Place www.ashianaispat.in New Delhi (110049) Further, pursuant to the Company's Code of Conduct for Prevention of Insider Trading read with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the Company has been closed with effect from 1st October, 2026 for all Designated Persons and their immediate relatives and shall remain closed until 48 hours after the declaration of the aforesaid financial results. Kindly take the above information on record. Thanking you, Yours faithfully, For Ashiana Ispat Limited (A Company undergoing Corporate Insolvency Resolution Process) Shakti Sharma Chief Financial Officer Authorized by the Interim Resolution Professional For and on behalf of Mr. Prashant Agarwal Interim Resolution Professional IBBI Reg. No. IBBI/IPA-001/IP-P00053/2017-18/10127