Two Indian companies—KDJ Holidayscapes and Resorts Ltd and Aanchal Ispat Ltd—have announced trading suspension due to resolution plans, effective April 30, 2025, reflecting their ongoing restructuring efforts amid financial challenges.
Two Indian companies—KDJ Holidayscapes and Resorts Ltd, based in Maharashtra and involved in the hospitality and tourism sector, and Aanchal Ispat Ltd, a West Bengal-based steel manufacturer—have entered into trading suspension on the Bombay Stock Exchange (BSE) under their respective resolution plans.
According to official disclosures on the BSE, both firms have halted trading starting April 30, 2025, due to ongoing corporate restructuring aimed at resolving financial stress. These steps fall in line with compliance under insolvency or debt resolution frameworks approved by regulatory authorities.
KDJ Holidayscapes, primarily active in the leisure and resort business, has faced prolonged financial strain due to post-pandemic recovery hurdles and weak consumer demand. Meanwhile, Aanchal Ispat, engaged in iron and steel product manufacturing, has battled cost pressures and market volatility over the past year.
The suspension signals a critical juncture in both companies’ restructuring plans and raises investor interest in how the resolution will impact shareholder value moving forward.
The move underscores the challenges faced by mid-cap and small-cap companies in India’s evolving economic landscape, especially those in capital-intensive sectors.
