Ashiana Ispat Limited has received a special notice from one of its shareholders proposing the removal of a director at the company's upcoming General Meeting. The disclosure was made in compliance with Regulation 30 of the SEBI Listing Regulations on 17 February 2026.

Special Notice Details

The company received the special notice dated 13 February 2026, served pursuant to Section 115 read with Section 169 of the Companies Act, 2013. The notice was submitted by Mr. Sandeep Garg, a shareholder of the company.

Director Removal Proposal

Through the special notice, Mr. Sandeep Garg has expressed his intention to move a resolution for the removal of MS DARSHAN, who serves as a Director of the company. The director is identified with the Director Identification Number (DIN) 10968289.

The proposed resolution will be presented at the forthcoming General Meeting of the company, where shareholders will have the opportunity to vote on the matter.

Regulatory Compliance

Ashiana Ispat Limited has confirmed that it will take necessary steps in accordance with the provisions of the Companies Act, 2013, SEBI Listing Regulations, and applicable secretarial standards. The company's compliance measures include:

• Placing the matter before shareholders at the ensuing General Meeting
• Making further disclosures as and when required
• Following all applicable regulatory requirements

The company emphasized that this disclosure is being made purely in compliance with applicable regulatory requirements under Regulation 30 read with Schedule III, Part A of the SEBI Listing Regulations.

Company Information

Ashiana Ispat Limited operates with its registered office and works located at A-1116, RIICO Industrial Area, Phase-III, Bhiwadi-301019, District Alwar, Rajasthan. The company's corporate office is situated in New Delhi, and it trades on BSE with scrip code 513401.

Ashiana Ispat Limited announced significant corporate developments following its Board of Directors meeting held on 14-02-2026. The board addressed crucial regulatory compliance matters and made key leadership appointments during the session that commenced at 3:00 P.M. and concluded at 6:30 P.M.

Financial Results Approval

The board considered and approved the company's unaudited financial results for the quarter and nine months ended 31 December 2025, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial results have been prepared in accordance with applicable Indian Accounting Standards (Ind AS) notified under the Companies Act, 2013.

Director Appointment

The board approved the appointment of Ms. Sarita Jain as Additional Director (Non-executive, Non-Independent Director) with effect from 14-02-2026. The appointment was made pursuant to Section 161(1) of the Companies Act, 2013, with special permission from the Chairperson.

Director Profile and Qualifications

Ms. Sarita Jain brings substantial business expertise to the board, with more than three decades of entrepreneurial experience. She is highly educated and has extensive experience in business operations. The company confirmed that Ms. Jain is not debarred from holding the office of Director by virtue of any order of SEBI or any other statutory authority.

Regulatory Compliance

The announcements were made pursuant to Regulation 30 read with Schedule III, Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has made the financial results and related documents available on its website at www.ail@ashianaaispat.in for stakeholder access.

The board meeting outcomes demonstrate Ashiana Ispat Limited's commitment to regulatory compliance and corporate governance standards. The company, with CIN L27107RJ1992PLC006611, operates from its registered office and works at A-1116, RIICO Industrial Area, Phase-III, Bhiwadi-301019, District Alwar, Rajasthan.