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Aanchal Ispat Allots 7.27 Lakh Warrants Worth Rs 5.96 Crore To Promoter


30 October 2026
Aanchal Ispat Ltd.

Board allotted 7,26,829 fully convertible warrants at Rs82 each aggregating Rs5.96 Cr to promoter Mukesh Goel on preferential basis, each convertible into 1 Rs10 share in 18 months. Part of 10,55,000 warrants approved Jul 23 2026 with BSE nod Oct 16 2026. Rs1.49 Cr upfront (25%) received; Rs61.50 balance on conversion. Promoter holding to rise to 57.49% from 50.20%. No immediate equity change; dilution only on conversion within 18 months, else warrants lapse and upfront forfeited. Balance of approved 10,55,000 warrants yet to be allotted.


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