Afloat Enterprises Ltd

Afloat Enterprises Limited, formerly known as Adishakti Loha and Ispat Limited, announced that Company Secretary Pallavi Sharma resigned from the position, effective October 8, 2026, citing personal reasons. The company stated there were no concerns regarding the management of the company and the audit committee and board will consider appointing a new Company Secretary.

Afloat Enterprises Limited, formerly known as Adishakti Loha and Ispat Limited, announced that its shareholders approved the appointment of M/s. Rohit Bhatia & Associates, Practicing Company Secretaries, as the company's Secretarial Auditor for a term of five years, commencing from the financial year 2026-27 and concluding at the end of the financial year 2030-31. The appointment followed the resignation of M/s G AAKASH & ASSOCIATES, Company Secretaries, due to professional commitments.

Afloat Enterprises Limited, formerly Adishakti Loha and Ispat Limited, announced the appointment of Indrajeet Pradhan, Mohit Lochan, and Ritika Bachhawat as directors, effective September 3, 2026. The appointments were approved by shareholders at the company’s 11th Annual General Meeting held on September 30, 2026. Each director will serve a five-year term and were appointed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Afloat Enterprises Limited, formerly known as Adishakti Loha and Ispat Limited, said shareholders approved the appointment of M/s S K HANDA & ASSOCIATES (FRN: 016424N and Peer review Certificate no: 022934) as statutory auditors for a period of 5 years, replacing retiring auditors M/s V.N Purohit & CO (FRN: 304040E) from the conclusion of the 11th Annual General Meeting until the conclusion of the 16th Annual General Meeting.

Afloat Enterprises Limited, formerly known as Adishakti Loha and Ispat Limited, will close its trading window for designated persons, including directors, promoters, designated employees, and insiders, from October 1, 2026, until 48 hours after the declaration of the company’s unaudited standalone financial results for the half year ended September 30, 2026, in accordance with its code of conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015.

Afloat Enterprises Limited, formerly known as Adishakti Loha and Ispat Limited, will close its share transfer books and registers of members from September 24, 2026, to September 30, 2026, for its Annual General Meeting scheduled on September 30, 2026, and has set September 23, 2026, as the cut-off date for electronic voting eligibility.

Afloat Enterprises Limited announced the appointment of three additional independent non-executive directors: Mohit Lochan, Ritika Bachhawat, and Indrajeet Lochan, effective September 3, 2026, pending shareholder approval at the upcoming Annual General Meeting. Mohit Lochan and Indrajeet Lochan bring experience in finance and capital markets, while Ritika Bachhawat specializes in corporate law and regulatory compliance. The company also appointed M/s. Rohit Bhatia & Associates as its new secretarial auditor, succeeding M/s G AAKASH the appointment is for five years, beginning after the 11th AGM and requiring shareholder approval. None of the appointed directors have any familial relationships with current board members, and all confirm they are not debarred from serving as directors.

Afloat Enterprises Limited, formerly Adishakti Loha and Ispat Limited, announced the appointment of Mohit Lochan and Ritika Bachhawat as additional non-executive independent directors, effective September 3, 2026, pending approval at the company’s Annual General Meeting. Lochan brings experience in finance and capital markets, while Bachhawat specializes in corporate law and regulatory compliance. Additionally, the company has appointed M/s. Rohit Bhatia & Associates as the new secretarial auditor, succeeding M/s G AAKASH & ASSOCIATES, who resigned due to workload. The new auditor’s term will extend for five years, commencing after the 11th Annual General Meeting. The changes are intended to strengthen corporate governance and ensure regulatory compliance.

AFLOAT Enterprises will hold a meeting of the Board of Directors of the Company on 26 May 2026.

AFLOAT Enterprises will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live