Latest news about Adishakti Loha & Ispat
Adishakti Loha & Ispat
7.13
-0.79(-9.97%)
Company Performance:
View Company Insights1D-9.97%
1M-45.15%
6M-45.86%
1Y-52.15%
5Y-37.46%
More news about Adishakti Loha & Ispat
22Jun 26
Adishakti Loha promoters revise disclosure for 4.1 lakh share sale
Kiran Mittal and Rukmani Devi Mittal, PACs of the promoter group, revised their BSE disclosure for the sale of 4,10,000 shares in Adishakti Loha and Ispat Limited. The open market transactions on June 15 and 16, 2026, reduced the promoter group's holding from 33.19% to 29.93%.
17Jun 26
Kiran Mittal reduces stake in Afloat Enterprises Ltd
Promoter group member Kiran Mittal sold 150000 shares of Afloat Enterprises Ltd on June 16, 2026, via an open market transaction. Following the sale, her holding decreased from 2.37% to 1.18% of the total paid-up equity share capital. The company's total equity share capital remains 12558000 shares of ₹10 each.
17Jun 26
Pine View sells 300,000 shares in Adishakti Loha and Ispat
Pine View Portfolio Consultants Private Limited sold 300,000 shares in Adishakti Loha and Ispat Limited on June 15 and 16, 2026, reducing its holding from 15.93% to 13.55%. The transactions were conducted via open market and disclosed to BSE under SEBI takeover regulations.
13Jun 26
Promoter releases encumbrance on 14.12 lakh shares
Pawan Kumar Mittal, a promoter of Adishakti Loha & Ispat, released the encumbrance on 14,12,525 equity shares on June 12, 2026, reducing his encumbered holding to zero. The shares, representing 11.25% of the total share capital, were previously pledged with MSB e-trade Securities Limited. The disclosure was submitted to BSE on June 13, 2026, under Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
26May 26
Afloat Enterprises reports net profit of ₹0.06 lakh in FY26
Afloat Enterprises Limited reported a net profit of ₹0.06 lakh for FY26, a sharp decline from ₹27.43 lakh in the previous year, with revenue dropping to ₹179.79 lakh. The board approved the audited standalone financial results on May 26, 2026, and appointed M/s Shweta Goel & Co as internal auditors for FY27. For the half year ended March 31, 2026, the company posted a profit after tax of ₹17.06 lakh.
11Apr 26
Afloat Enterprises Limited Submits SEBI Compliance Certificate for Q4FY26
Afloat Enterprises Limited submitted its Q4FY26 compliance certificate under SEBI Regulation 74(5) to BSE Limited on April 10, 2026. The certificate from registrar Bigshare Services Private Limited confirms the regulation's non-applicability as the entire shareholding remains in demat form with no rematerialisation requests received during the quarter ended March 31, 2026.
03Apr 26
Afloat Enterprises Limited Files SEBI Disclosure Under Takeover Regulations for FY26
Afloat Enterprises Limited filed its FY26 disclosure under SEBI takeover regulations, revealing that promoter Pawan Kumar Mittal pledged 14,12,525 shares (11.25% stake) during the year. The comprehensive disclosure covers 23 promoter group entities, with Ispatika International Limited holding the largest stake at 15.93%. The filing ensures compliance with regulatory requirements for substantial shareholding changes.
20Mar 26
Adishakti Loha and Ispat Limited Promoter Pledges 1412525 Equity Shares Under SEBI Takeover Regulations
Adishakti Loha and Ispat Limited disclosed that promoter Mr. Pawan Kumar Mittal has pledged his entire holding of 1412525 equity shares representing 11.25% of total share capital to MSB e-Trade Securities Limited for margin requirements. The pledge was created on March 16, 2026, and reported to BSE Limited on March 20, 2026, under SEBI takeover regulations.
07Mar 26
Afloat Enterprises Limited Reconstitutes Audit Committee and Stakeholders' Relationship Committee
Afloat Enterprises Limited reconstituted its Audit Committee and Stakeholders' Relationship Committee on March 07, 2026, following Ms. Swati Jain's request to step down as Chairman due to other commitments. Mr. Kanwar Nitin Singh has been appointed as the new Chairman of both committees, while Ms. Jain continues as a Board Director and member of the Nomination and Remuneration Committee. The changes are effective immediately and ensure continued regulatory compliance.
13Nov 25
AFLOAT Enterprises Reports Reduced Net Loss and Share Capital Increase in Half-Year Results
Adishakti Loha & Ispat reported a 47.1% reduction in net loss to Rs 16.97 lakhs for the half-year ended September 30, 2025. The company's share capital increased significantly from Rs 455.80 lakhs to Rs 1,255.80 lakhs due to the conversion of 8 crore warrants into equity shares, raising Rs 10.24 crores. Total assets decreased to Rs 1,688.70 lakhs, while cash position slightly improved to Rs 19.54 lakhs. Trade receivables and inventories both saw reductions. The company confirmed no deviation in the use of proceeds raised through warrant conversion.
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