Ashiana Housing Limited has officially announced the postponement of its Extra-Ordinary General Meeting (EGM) originally scheduled for April 17, 2026, to April 22, 2026, citing unavoidable circumstances. The company filed the regulatory intimation on March 30, 2026, with BSE and NSE, confirming the revised meeting arrangements.

Meeting Details and Record Date

The company has established key dates for the EGM proceedings through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) at 11:30 a.m.:

Shareholders whose names appear in the books as Beneficial Owners as of the close of business hours on April 15, 2026, will be entitled to participate in remote e-voting or e-voting during the EGM.

Independent Director Appointment

The primary agenda involves the appointment of Mr. Vikas Choudhury (DIN: 00267030) as Independent Director through a Special Resolution. The appointment was initially made as Additional Director on February 10, 2026:

Mr. Choudhury brings extensive experience as Founder & Managing Partner of Playbook Partners and former President at Reliance Jio. His background includes leadership roles at Aimia Inc and founding Pivot Ventures, with investments in over 75 companies including 10+ unicorns and IPOs. He holds an Executive MBA from Harvard Business School.

Digital Participation Framework

The company has implemented comprehensive digital participation mechanisms in compliance with MCA circulars dated April 8, 2020, May 5, 2022, December 28, 2022, September 25, 2023, September 19, 2024, and September 22, 2025. The EGM will accommodate up to 1,000 members on a first-come, first-served basis, excluding large shareholders, promoters, institutional investors, and key personnel who have unrestricted access.

E-voting Process:

• Individual shareholders with demat accounts can vote through their depository participants
• Physical shareholders require EVEN number followed by folio number for login
• Multiple authentication methods available including OTP-based login
• NSDL serves as the authorized e-voting agency

Technical Requirements:

• Laptops recommended for optimal meeting experience
• Stable internet connection required to avoid disruptions
• Camera access needed for video conferencing participation

Shareholder Communication and Compliance

The company has distributed the EGM notice through electronic mode to registered email addresses and uploaded it on the company website at www.ashianahousing.com . The notice is also accessible through BSE and NSE websites, along with NSDL's e-voting platform.

Shareholders wishing to speak during the EGM must register by April 15, 2026, by sending requests to investorrelations@ashianahousing.com with their details including name, DP ID, Client ID/Folio number, PAN, and mobile number.

The postponement and revised arrangements comply with various regulatory frameworks including the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and multiple MCA circulars. Mr. Ashok Kumar Verma (FCS 3945, CP No. 2568) has been appointed as Scrutinizer to oversee the e-voting process.

The company emphasizes that shareholders who vote remotely can attend the EGM but cannot vote again during the meeting, while those attending without prior remote voting remain eligible for e-voting during the session.

Ashiana Housing Limited has announced an investor and analyst meet scheduled for February 24, 2026, presenting their "Purpose Led Profitable Growth" strategy. The presentation emphasizes the company's strong pre-sales visibility, improving return on equity, and focused execution approach.

Company Overview and Financial Position

Ashiana Housing positions itself as a differentiated player in the Indian real estate sector, combining scale with financial discipline. The company boasts a legacy spanning over 45 years and maintains a conservative debt-equity ratio of 0.20x, reflecting strong financial management.

The company has demonstrated consistent growth across value, volume, and realizations, outperforming listed industry averages while maintaining a net cash positive position.

Revenue Projections and Financial Targets

The presentation outlines ambitious financial projections for the FY25-FY30 period, supported by strong operational fundamentals.

The company's growth strategy is underpinned by several key factors:

• ₹6,000 crores in pre-sales already completed
• Consistent year-over-year improvement in margins
• Target of minimum 15% post-tax ROE

Senior Living Business Segment

Ashiana's senior living division represents a core differentiator, with the company establishing itself as a leader in this specialized segment. The division operates under the philosophy of making "old age a time to celebrate," as envisioned by founder Late Shri Om Prakash Gupta.

The senior living portfolio includes sophisticated amenities such as dedicated dining areas, social gathering spaces, tours and travel programs, and women-centric clubs. The company also operates Ashiana Care Homes, providing 24/7 medical support with personalized care plans.

Market Expansion and Recent Acquisitions

Ashiana Housing is scaling its senior living portfolio with two distinct product lines designed to serve different market segments. The company has made strategic acquisitions to expand its footprint:

Recent Acquisitions:

• Chennai – Mahindra World City: 22.71 acres (Perpetual Lease) with ~15 lakh sq. ft. saleable area and ₹1,200 crores sales potential
• Wavarle, Maharashtra: 8.83 acres (Outright Purchase) with ~4.5 lakh sq. ft. saleable area

The Chennai project marks the company's milestone expansion into southern India, representing their 4th project under the Sophisticated Senior Living category.

Marketing Strategy and Growth Drivers

The company's marketing approach combines brand building with performance-driven demand generation. Key initiatives include strong YouTube presence, strategic influencer collaborations, partnerships with Curly Tales and Mashable India, and their owned podcast "Adding Zindagi to Years."

Referrals continue to serve as the most powerful growth engine, with the company reporting 23% year-over-year increase in referral-driven sales, demonstrating strong customer satisfaction and brand loyalty.

The February 2026 investor meet will provide detailed insights into the company's strategic roadmap and financial outlook as they continue expanding their presence in India's dynamic metropolitan markets.