Ashiana Housing Limited has informed the stock exchanges of the cancellation of its agreement to lease a land parcel in Jaipur, Rajasthan, through an intimation filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated 15th May 2026.

Background of the Agreement

The company had originally entered into an agreement to lease with Mahindra World City (Jaipur) Limited (MWC) on 30th October 2024. The agreement was aimed at acquiring a land parcel admeasuring 20 acres (approx.) on a long lease basis, located in the Social Infrastructure Zone of Mahindra World City, Jaipur, Rajasthan, for the purpose of developing a group housing project. This transaction was reported to the stock exchanges on 06th November 2024.

Key Details of the Cancelled Agreement

The following table summarises the key parameters of the now-cancelled agreement:

Reason for Termination

The cancellation was attributed to the non-visibility of approvals required to be obtained by Mahindra World City (Jaipur) Limited. Both parties mutually decided to terminate the agreement to lease in light of this development. The intimation was filed by Nitin Sharma, Company Secretary & Compliance Officer of Ashiana Housing Limited.

Ashiana Housing Ltd has informed the National Stock Exchange of India of a combined payment of INR 34,28,27,056/- (Indian Rupees Thirty-Four Crores Twenty-Eight Lakhs Twenty-Seven Thousand Fifty-Six Only) made on 12 May 2026 to ICICI Prudential Regular Savings Fund and ICICI Prudential Credit Risk Fund. The payment covers both quarterly interest and partial redemption of the company's Secured Non-Convertible Debentures (NCDs) listed on BSE Ltd. This intimation has been filed pursuant to Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

NCD Series Overview

The NCDs in question belong to the series AHL-9.95%-11-5-29-PVT, with the following key issuance details:

Interest Payment Details

The quarterly interest payment was made one day ahead of the scheduled due date. The following table summarises the key details of the interest disbursement:

Partial Redemption Details

Alongside the interest payment, Ashiana Housing also carried out a partial redemption of the NCDs by face value, as per the transaction documents. No premium was paid on redemption. The details are as follows:

Following the partial redemption, the outstanding principal on the NCD series stands at INR 93,75,00,000/-, equivalent to INR 75,000/- per NCD. The redemption was executed by face value reduction and was carried out as stipulated in the transaction documents, with no call or put option involved. The filing was digitally signed by Nitin Sharma, Company Secretary and Compliance Officer of Ashiana Housing Ltd.