Description

BSE announces Offer for Sale (OFS) by promoter Mukesh Goel for Aanchal Ispat Limited shares, scheduled for February 03-04, 2026.

Summary

BSE has announced the opening of Offer for Sale (OFS) for Aanchal Ispat Limited (ISIN: INE322R01022). The seller is Mukesh Goel, who is part of the promoter and promoter group. The OFS will be conducted over two trading days with separate sessions for Non-Retail and Retail Investors. BSE Ltd has been declared as the designated stock exchange, with NSE Clearing Limited as the designated clearing corporation.

Key Points

  • Seller: Mukesh Goel (Promoter category)
  • Company: Aanchal Ispat Limited
  • ISIN: INE322R01022
  • Designated Stock Exchange: BSE Ltd
  • Clearing Corporation: NSE Clearing Limited
  • Two-day bidding process with separate sessions for investor categories
  • Non-Retail Investors can carry forward un-allotted bids to T+1 Day
  • Notice issued pursuant to SEBI OFS Circulars and LODR Regulations 2015

Regulatory Changes

No regulatory changes announced. This is a standard OFS process conducted in accordance with existing SEBI OFS Circulars and paragraph 5(b) requirements for announcing seller’s intention to undertake the offer.

Compliance Requirements

  • Prospective investors and brokers must read the entire Offer Notice dated February 02, 2026 along with SEBI OFS Circulars before participating
  • Orders to be placed on the designated stock exchange (BSE)
  • Investors must adhere to category-specific bidding timelines
  • Non-Retail Investors must indicate willingness to carry forward bids if choosing T+1 Day allocation option

Important Dates

  • T Day (February 03, 2026): Non-Retail Investors bidding session

    • Timing: 9:15 AM to 3:30 PM IST
    • Only Non-Retail Investors allowed to place bids
    • Option to carry forward un-allotted bids to T+1 Day for unsubscribed Retail Category portion

  • T+1 Day (February 04, 2026): Retail Investors and carry-forward bids

    • Retail Investors can place bids
    • Non-Retail Investors who chose to carry forward un-allotted bids can participate

Impact Assessment

Market Impact: Medium - The OFS by a promoter will impact the shareholding pattern of Aanchal Ispat Limited and may affect stock liquidity and price discovery during the offer period.

Investor Impact: The two-day structure provides opportunities for both investor categories, with Non-Retail Investors having priority access on T Day and option to participate in unsubscribed Retail portion on T+1 Day.

Trading Impact: Separate OFS window will operate during standard trading hours without disrupting normal market operations. The carry-forward mechanism for Non-Retail Investors provides flexibility in allocation.

Operational Impact: Investors and brokers need to plan participation based on investor category and understand the carry-forward mechanism for optimal allocation chances.

Impact Justification

OFS by promoter affects shareholding pattern and provides exit opportunity for investors, with structured bidding process over two days for different investor categories