Aanchal Ispat Ltd

📊 Aanchal Ispat Reports FY26 PBT of ₹272.29 Lakhs with Notable Bad Debt Recoveries

• Profit before tax for FY 2026 reached ₹272.29 lakhs

• Non-recurring bad debt recoveries contributed ₹185 lakhs

• Board approved raising up to ₹10 crores through Qualified Institutions Placement (QIP)

• Corporate Insolvency Resolution Process (CIRP) completed with NCLT approval on March 27, 2025

• Trading on BSE resumed in December 2025

• Delayed payments of ₹14 crores (due Sept 2025) and ₹7 crores (due March 2026) under Resolution Plan

• Related party transactions with Maina International Ltd accounted for 60.02% of sales and 52.17% of purchases in Q4 FY2026

• Auditors highlighted emphasis on going concern reliance, non-recognition of expected credit losses, and inventory valuation