Aspire & Innovative Advertising Director Resigns

Aspire & Innovative Advertising Limited has announced the resignation of Ms. Muskan from the position of Independent Director. The resignation is effective from the close of business hours on May 22, 2026. The company received the resignation letter on the same date.

Reason for Resignation

Ms. Muskan cited pre-occupation and other commitments as the reason for stepping down from the role. She confirmed that there are no other material reasons behind her resignation apart from those stated. She also expressed her gratitude to the board members for their support during her tenure.

Board Approval

The Board of Directors of the company will consider and take the said resignation on record in its upcoming meeting. The company has intimated the stock exchanges regarding this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Change

The following table provides the specific details regarding the change in directorship:

S.NO	PARTICULARS	DETAILS
1.	Name	Ms. Muskan
2.	Reason for change	Resignation as Independent Director of the Company with effect Friday, 22 May, 2026.
3.	Date of cessation	Friday, 22 May, 2026 from closure of business hours.
4.	Brief Profile	Not applicable
5.	Disclosure of relationships	Not applicable

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.55%	-3.55%	-7.43%	-16.94%	-61.22%	-74.79%

Aspire & Innovative Advertising Limited has filed an annual disclosure with the National Stock Exchange of India Limited, dated April 03, 2026, confirming that its promoters and promoter group have not created any encumbrance over the company's shares during the financial year. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Disclosure Details

The disclosure was submitted to the Listing Compliance Department of the National Stock Exchange of India Limited at Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai 400051. Promoter Nitesh Agarwalla filed the declaration on behalf of all promoters and persons acting in concert, affirming that no direct or indirect encumbrance has been made over the shares of the company, other than those already disclosed during the financial year.

The key details of the filing are summarised below:

Parameter:	Details
Filing Date:	April 03, 2026
Regulation:	Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Exchange:	National Stock Exchange of India Limited
Registered Address:	2nd Floor, Plot No. 52, Sector-44, Gurugram, Haryana - 122003
Signatory:	Nitesh Agarwalla (Promoter)

Promoter and Promoter Group

The following individuals constitute the promoter and promoter group of Aspire & Innovative Advertising Limited, as listed in the disclosure:

Sr. No.:	Name	Category
1.	Nitesh Agarwalla	Promoter
2.	Rinku Agarwalla	Promoter

The disclosure was digitally signed by Nitesh Agarwalla on April 03, 2026, and a copy was also marked to the Audit Committee of Aspire & Innovative Advertising Limited. The filing reaffirms that the promoter group remains in compliance with the applicable SEBI regulatory requirements concerning share encumbrance disclosures.