Ahmedabad Steelcraft Limited has announced the appointment of Mrs. Anuja Jain as Company Secretary and Compliance Officer, marking a significant addition to its management team. The appointment, effective January 31, 2026, demonstrates the company's commitment to strengthening its corporate governance framework.

Key Appointment Details

The company has informed BSE Limited about this strategic appointment in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment is subject to ratification in the upcoming Board of Directors meeting.

Professional Background

Mrs. Anuja Jain brings substantial expertise to her new role as an Associate Member of the Institute of Company Secretaries of India. Her professional qualifications include:

• Membership Number: A67776 with the Institute of Company Secretaries of India
• Specialized skills in secretarial compliances
• Extensive experience in Corporate Law
• Comprehensive knowledge of Listing Regulations

Regulatory Compliance

The appointment announcement follows the prescribed format under SEBI regulations, specifically referencing SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. This demonstrates the company's adherence to regulatory disclosure requirements.

Company Information

Ahmedabad Steelcraft Limited operates with its registered office in Ahmedabad, Gujarat, and corporate office in Ghaziabad, Uttar Pradesh. The company is listed on BSE with scrip code 522273 and maintains its commitment to transparent corporate governance practices through timely regulatory disclosures.

Financial Performance

Ahmedabad Steelcraft reported a robust financial performance for Q2 FY26:

Ahmedabad Steelcraft's revenue from operations increased to ₹6,467.52 lakh in Q2 FY26, up from ₹4,267.73 lakh in Q1 FY26. This represents a quarter-on-quarter growth of approximately 51.5%. The company's net profit for Q2 FY26 stood at ₹746.39 lakh, more than doubling from ₹336.35 lakh in the previous quarter.

For the half-year ended September 30, the company's revenue reached ₹10,735.25 lakh, with a net profit of ₹1,082.74 lakh.

Leadership Change

In a separate development, Ahmedabad Steelcraft announced the resignation of its Chief Financial Officer (CFO), Mr. Kamlesh Kumar Sharma. The resignation will be effective from the close of business hours on November 11. Mr. Sharma is stepping down to take up the position of CFO at another group company.

The company's board of directors, in a meeting held on November 11, accepted Mr. Sharma's resignation. In his resignation letter, Mr. Sharma expressed gratitude for the opportunities and experiences gained during his tenure with Ahmedabad Steelcraft Limited.

Board Meeting Highlights

The board meeting, which commenced at 4:30 p.m. and concluded at 5:45 p.m. on November 11, also approved the following:

1. Standalone Un-Audited Financial Results for Q2 and H1 FY26, prepared in accordance with Ind-AS.
2. Standalone Limited Review Report on the Un-Audited Financial Results, issued by M/s. Prateek Gupta & Co., Chartered Accountants, the company's statutory auditors.

Ahmedabad Steelcraft Limited continues to demonstrate strong financial performance, with significant growth in both revenue and profitability. The company's ability to more than double its quarterly net profit indicates effective cost management and operational efficiency. However, the departure of the CFO may present short-term challenges in financial leadership, which the company will need to address promptly to maintain its growth trajectory.