Aditya Ispat Limited has scheduled its 35th Annual General Meeting (AGM) for September 30, 2026, and confirmed the book closure period from September 24 to September 30, 2026. The meeting will be held via video conferencing.

The company also clarified the e-voting timeline, setting the cut-off date as September 23, 2026. Voting will commence on September 27, 2026, at 9:00 am and conclude on September 29, 2026, at 5:00 pm.

Capital Reduction Scheme

The board previously approved a scheme of capital reduction at its meeting on September 8, 2026, aiming to reorganize its equity structure and set off accumulated losses. The proposal involves the cancellation of 50,82,500 fully paid-up equity shares.

The proposed scheme seeks to reduce the paid-up equity share capital from ₹5.35 crore (comprising 53,50,000 shares of ₹10 each) to ₹26.75 lakh (comprising 2,67,500 shares of ₹10 each). This will be achieved by cancelling and extinguishing shares on a pro-rata basis.

The cancellation allows the company to set off ₹5.08 crore against total accumulated losses. The restructuring is intended to improve the company’s net worth and present a clearer financial position without impacting the economic interest or relative shareholding percentages of existing shareholders. No consideration will be paid to shareholders for the cancelled shares.

The scheme requires approvals from shareholders, the Hyderabad Bench of the National Company Law Tribunal (NCLT), and other statutory regulators.

AGM and Director Appointments

The 35th AGM is scheduled for September 30, 2026, at 5:30 pm via video conferencing. The register of members and share transfer books will remain closed from September 24 to September 30, 2026.

The board recommended the re-appointment of Mrs. Sushila Kabra as a Non-Executive Women Director retiring by rotation. It also recommended regularizing the appointment of Mr. Vemula Jalaprasad as Executive Whole Time Director for three years, effective March 23, 2026, subject to shareholder approval.

Aditya Ispat has revised the expected completion date for the slump sale of its non-alloy steel manufacturing and trading business to October 31, 2026. The company cited administrative and operational difficulties in completing pre-closing actions as the reason for the delay.

The transaction involves a related party transfer to Jai Bapiji Ispat Private Limited, a promoter group company. The Business Transfer Agreement was originally executed on March 31, 2026, with the sale effective from March 1, 2026.

Transaction Details

The company previously disclosed the transaction in letters dated March 30, 2026, March 31, 2026, and June 30, 2026. The initial expected completion date was August 31, 2026.

Regulatory Disclosure

Aditya Ispat made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Varsha Pandey, Company Secretary and Compliance Officer, on August 31, 2026.