Asian Warehousing Ltd has approved a leave and license agreement with promoter Mrs. Rekha R Bhimjyani to secure office space for its registered office. The Board of Directors approved the transaction on July 02, 2026, allowing the company to license premises located at 508, Dalamal House, Jamnalal Bajaj Marg, Nariman Point, Mumbai 400021.

The agreement stipulates a monthly license fee of ₹15,000 plus applicable taxes. The license period is set for 11 months with effect from July 2, 2026. This arrangement is classified as a related party transaction, as Mrs. Rekha R Bhimjyani holds 24.38% shareholding in Asian Warehousing Ltd.

The company confirmed that the transaction has been executed at arm's length. The terms are based on prevailing market rates for similar office space in the vicinity, ensuring fair valuation. The agreement does not grant any special rights to the promoter, such as the right to appoint directors or restrict changes in capital structure.

The meeting, which commenced at 3:00 P.M. and concluded at 3:30 P.M., was held in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bhavik Rashmi Bhimjyani, Chairman & Managing Director, signed the regulatory filing intimating the stock exchange of the outcome.

Key Details of the Agreement

Asian Warehousing Ltd has closed its trading window for dealing in the company's securities effective from July 1, 2026. The restriction will remain in force until 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. This measure is implemented in accordance with the company's Code of Conduct for Regulating, Monitoring, and Reporting of Trading by Insiders, and follows the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The trading window closure applies to all directors, officers, designated employees, and the immediate relatives of these individuals. Designated persons, along with their immediate relatives and connected persons, have been advised not to trade, buy, sell, or pledge the company's securities during this period.

The company stated that the date of the ensuing board meeting for the approval of the financial results for the quarter ended June 30, 2026, will be communicated to the stock exchanges in due course. This intimation will be made in compliance with the timelines specified under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The communication was addressed to BSE Limited on June 23, 2026, and signed by Bhavik Rashmi Bhimjyani, Chairman & Managing Director of Asian Warehousing Ltd.