A BSE-listed public limited company focused on strategic investments, financial services and corporate lending operations.
Incorporated in 1986, listed on BSE. Investment company with lending and financial operations.
5-member board including 2 Independent Directors, 1 MD, 1 WTD, and 1 Non-Executive Director.
Quarterly and annual financial results as filed with BSE Limited.
Code of Conduct, Vigil Mechanism, Archival Policy, RPT Policy and all governance policies.
40th AGM held on 23rd July, 2026 through VC / OAVM. Notice, voting results and scrutinizer’s report.
Contact our Compliance Officer or Registrar & Transfer Agent for queries.
Corporate overview of Ashirwad Steels & Industries Limited
| Particular | Detail |
|---|---|
| Name of Company | Ashirwad Steels & Industries Limited |
| Former Name | Ashirwad Mercantiles Limited |
| Date of Incorporation | 19th February, 1986 |
| CIN | L67100WB1986PLC040201 |
| Registrar of Companies | Kolkata, West Bengal |
| Stock Exchange | BSE Limited — Scrip Code: 526847 |
| ISIN | INE338C01012 |
| Registered Office | 6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata – 700069, West Bengal |
| Telephone | +91-033-22430376 / 40048739 |
| ashirwadsteels@gmail.com | |
| Website | www.ashirwadsteels.com |
| Authorised Capital | Rs. 12,50,00,000/- (1,25,00,000 equity shares of Rs. 10/- each) |
| Paid-up Capital | Rs. 12,50,00,000/- (1,25,00,000 equity shares of Rs. 10/- each) |
Investments in shares, securities, bonds, debentures, and mutual funds.
Short-term financing and lending activities as part of investment operations.
Plant at Village Kishnapur, Raigarh – 496001, Chhattisgarh. Currently non-operational.
Details of business activities and operations
Investments in shares, securities, bonds, debentures, and mutual funds as a primary business activity of the Company.
Short-term financing and lending activities as part of investment and financial operations of the Company.
Plant at Village Kishnapur, Raigarh – 496001, Chhattisgarh. Currently non-operational.
Board, Committees, Policies and Independent Director information
| Name | DIN | Designation | Category | Date of Appointment | Tenure / Terms |
|---|---|---|---|---|---|
| Mr. Pravin Kumar Chhabra | 01061185 | Chairman & Non-Executive Independent Director | Independent | 15th April, 2024 | Up to 14th April, 2029 |
| Mr. Dalbir Chhibbar | 00550703 | Managing Director | Executive | 17th May, 2024 (reappointed) | Up to 16th May, 2029 |
| Mrs. Sushma Chhibbar | 00550898 | Non-Executive Director | Non-Executive | 10th July, 2025 (re-appointed) | Liable to retire by rotation |
| Mr. Vishesh Chhibbar | 03553892 | Whole Time Director | Executive | 3rd May, 2023 | Up to 2nd May, 2028 (re-appointed on retirement by rotation at the 40th AGM on 23rd July, 2026) |
| Mr. Baninder Singh Sahni | 08748313 | Non-Executive Independent Director | Independent | 2nd term: 19th June, 2025 | Up to 18th June, 2030 (not liable to retire by rotation) |
| Name | Membership No. | Designation | Email (Grievance) | Email (General) | Telephone |
|---|---|---|---|---|---|
| Mrs. Sonal Agarwal | ACS 68219 | Company Secretary & Compliance Officer | compliance.ashirwad@gmail.com | csashirwad@gmail.com | +91-033-22430376 / 40048739 |
| Mr. Chandra Prakash Srivastava | — | Chief Financial Officer | — | ashirwadsteels@gmail.com | +91-033-22430376 / 40048739 |
| Name | DIN | 1st Term Start | 1st Term End | 2nd Term Start | 2nd Term End | Status | Notes |
|---|---|---|---|---|---|---|---|
| Mr. Pravin Kumar Chhabra | 01061185 | 15th April, 2024 | 14th April, 2029 | — | — | Active — First Term | Appointed as Chairman w.e.f. 15th April, 2024 |
| Mr. Baninder Singh Sahni | 08748313 | 19th June, 2020 | 18th June, 2025 | 19th June, 2025 | 18th June, 2030 | Active — Second Term | Not liable to retire by rotation. Second term commenced 19th June, 2025 |
| Independent Director | Programmes FY 2025-26 | Programmes (cumulative) | Hours FY 2025-26 | Hours (cumulative) | Cumulative period |
|---|---|---|---|---|---|
| Mr. Pravin Kumar Chhabra | 10 | 22 | 20 | 44 | 15th April, 2024 to 31st March, 2026 |
| Mr. Baninder Singh Sahni | 10 | 68 | 20 | 136 | 19th June, 2020 to 31st March, 2026 |
Programmes are Board, Audit, Nomination & Remuneration and Stakeholders Relationship Committee meetings attended, as disclosed in the Corporate Governance Reports; hours at 2 hours per programme including preparation. Year-wise details and basis are in the document below.
Financial results, shareholding pattern, annual reports, governance reports and all statutory disclosures
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Documents for this period will appear here once filed with the Exchange.
Loading disclosures…
Outcomes of Board Meetings approving financial results for earlier quarters are also available, quarter by quarter, under Financial Results.
Prior intimations under Regulation 29.
Outcomes of Board Meetings considering results.
Notices, voting results and scrutinizer’s reports.
All filings are also available on the website of BSE Limited: BSE — Corporate Announcements (Scrip 526847)
| Sr. | Information | Applicable | Website Location | Remarks |
|---|---|---|---|---|
| 1 | Business in Details | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Details-of-Business.pdf | Also on the Business page |
| 2 | Terms and conditions of appointment of independent directors | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Terms-and-Conditions-of-Appointment.pdf | |
| 3 | Composition of various committees of board of directors | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Board-Committees-Composition.pdf | Also on Corporate Governance › Committees |
| 4 | Code of conduct of board of directors and senior management personnel | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Code-of-Conduct.pdf | |
| 5 | Details of establishment of vigil mechanism / Whistle Blower policy | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Vigil-Mechanism-Policy.pdf | |
| 6 | Criteria of making payments to non-executive directors | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/NED-Remuneration-Policy.pdf | |
| 7 | Policy on dealing with related party transactions | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Policy-on-Related-Party-Transactions.pdf | |
| 8 | Policy for determining 'material' subsidiaries | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Material-Subsidiary-Policy.pdf | The Company has no subsidiary |
| 9(a) | Number of programmes attended by independent directors (during the year and cumulative) | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Familiarisation-Programme.pdf | |
| 9(b) | Number of hours spent by independent directors in such programmes | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Familiarisation-Programme.pdf | |
| 9(c) | Other details of familiarisation programmes | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Familiarisation-Programme.pdf | |
| 10 | Email address for grievance redressal and other relevant details | Yes | https://www.ashirwadsteels.com/#contact | compliance.ashirwad@gmail.com |
| 11 | Contact information of the designated officials responsible for investor grievances | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Investor-Grievance-Contact.pdf | Also on the Contact Us page |
| 12(a) | Notice of meeting of the board of directors where financial results shall be discussed | Yes | https://www.ashirwadsteels.com/#inv-notices | |
| 12(b) | Financial results, on conclusion of the meeting of the board of directors | Yes | https://www.ashirwadsteels.com/#inv-results | |
| 12(c) | Complete copy of the annual report | Yes | https://www.ashirwadsteels.com/#inv-annual | |
| 13 | Shareholding Pattern | Yes | https://www.ashirwadsteels.com/#inv-sharepat | |
| 14 | Details of agreements entered into with the media companies and/or their associates | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Media-Company-Agreements.pdf | NIL |
| 15 | Schedule of analysts or institutional investors meet, presentations, audio/video recordings and transcripts | N.A. | — | No analyst or institutional investor meet held |
| 16 | New name and the old name of the listed entity (for one year from name change) | N.A. | — | No change of name in the last one year |
| 17 | Items published in newspapers under Regulation 47(1) | Yes | https://www.ashirwadsteels.com/#inv-newspaper | |
| 18 | Credit ratings | N.A. | — | No credit rating obtained |
| 19 | Separate audited financial statements of each subsidiary | N.A. | — | The Company has no subsidiary |
| 20 | Secretarial compliance report under Regulation 24A(2) | Yes | https://www.ashirwadsteels.com/#inv-seccompliance | |
| 21 | Policy for determination of materiality of events or information | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Materiality-Policy.pdf | |
| 22 | Contact details of key managerial personnel authorised to determine materiality | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/KMP-Contact-Details.pdf | |
| 23 | Disclosures under Regulation 30(8) | Yes | https://www.ashirwadsteels.com/#inv-reg30 | |
| 24 | Statement of deviation(s) or variation(s) under Regulation 32 | N.A. | — | No public issue, rights issue, preferential issue or QIP |
| 25 | Dividend distribution policy | Yes | https://www.ashirwadsteels.com/Final%20Download/Discloure%20and%20Policy/Dividend-Distribution-Policy.pdf | |
| 26 | Annual return under Section 92 of the Companies Act, 2013 | Yes | https://www.ashirwadsteels.com/#inv-annret |
Investor grievances, compliance queries and general contact information