Adishakti Loha and Ispat Ltd

AGM Details

• Date and time: Sept 30, 2026 at 01:30 PM, physical AGM at registered office.
• Scrutinizer appointed to oversee voting; report due Oct 1, 2026.
• Results to be announced by Chairperson after scrutiny.
• Quorum present; 14 members attended, holding 44,46,491 equity shares.

Key Resolutions

• Adoption of financial statements for year ended 31 March 2026; Ordinary; voting by e-voting and ballot.
• Appointment of S K Handa & Associates as Statutory Auditor; Ordinary; voting by e-voting and ballot.
• Appointment of Indrajeet Pradhan as Non-Executive Independent Director; Special; voting by e-voting and ballot.
• Appointment of Mohit Lochan as Non-Executive Independent Director; Special; voting by e-voting and ballot.
• Appointment of Ritika Bachhawat as Non-Executive Independent Director; Special; voting by e-voting and ballot.
• Appointment of Rohit Bhatia & Associates as Secretarial Auditor; Special; voting by e-voting and ballot.

Director Appointments

• Indrajeet Pradhan appointed as Non-Executive Independent Director.
• Mohit Lochan appointed as Non-Executive Independent Director.
• Ritika Bachhawat appointed as Non-Executive Independent Director.

Auditor Appointments

• Statutory Auditor: S K Handa & Associates appointed.
• Secretarial Auditor: Rohit Bhatia & Associates appointed.

Afloat Enterprises Limited (Formerly Adishakti Loha and Ispat Limited): Trading window closure from 01 October 2026 till 48 hours (both days inclusive) after the declaration of unaudited standalone financial results for the half year ended September 30, 2026.

Book closure and voting details

• Book closure: Sep 24, 2026 to Sep 30, 2026 (both days inclusive).
• Purpose: for the Annual General Meeting.
• Record/cut-off date: Sep 23, 2026 to determine voting eligibility.
• E-voting period: Sep 27, 2026 09:00 to Sep 29, 2026 17:00.
• AGM date: Sep 30, 2026.
• Security type: equity shares.

Statutory auditor change

• Appointment of SK Handa & Associates as Statutory Auditors for five years from 11th AGM.

Independent directors appointed

• Indrajeet Pradhan appointed Additional Non-Executive Independent Director; effective Sept 3, 2026; five-year term; not related to any director.
• Mohit Lochan appointed Additional Non-Executive Independent Director; effective Sept 3, 2026; five-year term; not related to any director.
• Ritika Bachhawat appointed Additional Non-Executive Independent Director; effective Sept 3, 2026; five-year term; not related to any director.

Secretarial auditor change

• Resignation of M/s G AAKASH & ASSOCIATES; M/s Rohit Bhatia & Associates appointed Secretarial Auditor for five years.

Resignation of secretarial auditor

• M/s G AAKASH & ASSOCIATES resigned as secretarial auditor effective 02 September 2026.
• No concerns raised; no material reason disclosed for resignation.
• Audit committee and Board will consider appointment of a new secretarial auditor in due course.
• Annexure-A contains the resignation date and related details.

Key facts

• Target: Adishakti Loha and Ispat Ltd.
• Disclosing Party: Pawan Kumar Mittal and Rukmani Devi Mittal, promoters/promoter group.
• Transaction type: disposal of 2,20,000 equity shares via open market sale.
• Pre-transaction holding: 2,278,000 voting rights (18.14% of TC).
• Transaction details: 170,000 and 50,000 voting rights sold; open market; three dates.
• Post-transaction holding: 2,058,000 shares (16.39%).
• Dates of transactions: 23 Jun 2026; 24 Jun 2026; 28 Jul 2026.
• Share capital context: pre/post equity capital 12,558,000 shares; no change.
• Mode: Open Market Sale.

Regulatory disclosure

• Pine View Portfolio Consultants Private Limited sold 540,000 shares on the open market.

Transaction details

• Target: Adishakti Loha and Ispat Limited.
• Disclosing Party: Pine View Portfolio Consultants Private Limited (seller; non-promoter).
• Transaction Type: Disposal of 540,000 shares.
• Pre-Transaction Holding: 10,50,000 shares (8.36%).
• Shares Sold: 540,000 (4.29% of diluted capital); Open Market.
• Dates: 27-07-2026 and 28-07-2026.
• Post-Transaction Holding: 5,10,000 shares (4.07%).
• Equity capital before/after: 1,25,58,000 shares (Rs 12,55,80,000).
• Total diluted voting capital after: 1,25,58,000 shares.