Ashiana Housing Limited has allotted 4,325 unsecured, redeemable, non-convertible debentures (NCDs) on a private placement basis to Clover Technologies Private Limited. The debentures have been issued at INR 1 Lakh per NCD, aggregating to INR 43.25 crores. The allotment was approved by the Executive Committee of the Board of Directors in their meeting held on 24th April 2026.

The debentures carry a coupon rate of 7% per annum and have a tenor of 20 years. Interest will be payable monthly as per the terms of the Debenture Trust Deed dated 10th April 2026. The securities will be listed on BSE Ltd., providing liquidity to the debenture holders.

The debentures are classified as 7% unsecured rated listed redeemable non-convertible debentures. The company has informed both the Bombay Stock Exchange and the National Stock Exchange of India Limited about this allotment. The scrip code for Ashiana Housing Limited is 523716, and the security symbol on NSE is ASHIANA.

The company secretary, Nitin Sharma, signed the communication on behalf of Ashiana Housing Limited. The company's registered office is located at 5F Everest, 46/C Chowringhee Road, Kolkata – 700 071, while its corporate office is at 304, Southern Park, Saket District Centre, Saket, New Delhi – 110017.

Ashiana Housing has announced a major land acquisition in Pune, securing 28.55 acres for the development of a comprehensive senior living project. The company filed a regulatory intimation under Regulation 30 of the SEBI LODR Regulations on April 9, 2026, confirming this strategic investment as the largest ever land deal by the company.

Project Specifications

The Pune acquisition presents substantial development potential with key project parameters outlined below:

Development Potential

The project is designed to offer 20 lakh square feet of sellable area, positioning it as a substantial development in Ashiana Housing's portfolio. The potential sales value of up to Rs 1,800 crores indicates the scale and premium positioning of this senior living initiative. The company has emphasized that this represents their largest land acquisition to date for senior living project development.

Regulatory Compliance

The acquisition was formally communicated to both BSE (Security Code: 523716) and NSE (Symbol: ASHIANA) through proper regulatory channels. Company Secretary Nitin Sharma signed the official intimation, ensuring full compliance with SEBI listing obligations and disclosure requirements.

Strategic Significance

This acquisition reinforces Ashiana Housing's focus on the senior living segment, a growing market in India's real estate sector. The Pune location provides access to a key metropolitan market with strong demand for specialized senior housing solutions. The project's substantial size and potential value demonstrate the company's commitment to large-scale developments in this specialized segment.