AANCHALISP

Aanchal Ispat Ltd. is an India-based manufacturer of iron and steel products, primarily focusing on products used in the infrastructure and construction sectors. The company operates a manufacturing unit in Howrah, West Bengal, producing structural steel items such as TMT bars, mild steel rounds, angles, and channels. Historically, it has also engaged in the trading of steel products.

The company recently underwent a significant structural change, concluding a Corporate Insolvency Resolution Process (CIRP). On March 27, 2025, the Hon’ble NCLT, Kolkata Bench, approved a Resolution Plan, leading to the transfer of control to a new Board of Directors and the Successful Resolution Applicant (SRA). The company is now operating as a going concern under this approved plan, which focuses on the revival of operations and settlement of liabilities.