Aarem Insights Acquires 5.97% Stake in Ashnisha Industries Through Rights Issue

Ashnisha Industries Limited has successfully completed a rights issue, resulting in a significant change in its shareholding structure and total equity share capital. The key details of this corporate action are as follows:

Rights Issue Details

Aspect	Details
Acquiring Entity	Aarem Insights Private Limited
Shares Acquired	15,822,100 equity shares
Stake Acquired	5.97%
Acquisition Method	Rights issue allotment

Impact on Ashnisha Industries

Metric	Before Rights Issue	After Rights Issue
Total Equity Share Capital	10.10	26.51
Total Share Count	101.00	265.13

The rights issue has led to a substantial increase in Ashnisha Industries' equity share capital, more than doubling from Rs. 10.10 crores to Rs. 26.51 crores. This expansion in capital base may provide the company with additional resources for its operations or strategic initiatives.

The total number of shares has also seen a significant rise, increasing from 101 million to 265.13 million. This increase in the number of outstanding shares may affect various financial metrics on a per-share basis.

Aarem Insights Private Limited's acquisition of a 5.97% stake through this rights issue represents a notable change in Ashnisha Industries' ownership structure. This development may be of interest to existing shareholders and potential investors, as it could potentially influence the company's future direction and decision-making processes.

Investors and market participants are advised to consider the implications of this rights issue and the resulting changes in Ashnisha Industries' capital structure when evaluating their investment decisions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.99%	-29.57%	+6.23%	-1.52%	-27.35%	+1,520.00%

Ashnisha Industries Limited has announced an extension of the closing date for its ongoing rights issue, providing shareholders with additional time to participate in the company's capital raising initiative.

Key Details of the Rights Issue

Particulars	Details
New Closing Date	November 11, 2025
Original Closing Date	November 3, 2025
Issue Size	Up to 16,41,25,000 fully paid-up equity shares
Face Value	₹1.00 per share
Issue Price	₹3.00 per share (including ₹2.00 premium)
Total Issue Amount	₹4,923.75 lakhs
Rights Entitlement Ratio	13:8 (13 rights equity shares for every 8 held)
Record Date	October 6, 2025

Extension Decision and Timeline

The Rights Issue Committee of Ashnisha Industries made the decision to extend the closing date on October 24, 2025. This extension aims to provide an additional opportunity for eligible shareholders to exercise their rights and participate in the company's fundraising efforts.

Important Dates

Issue Opening Date: October 14, 2025
Last Date for On-Market Renunciation: November 4, 2025
Extended Closing Date: November 11, 2025

Implications for Shareholders

The extension of the rights issue deadline gives shareholders who have not yet participated additional time to consider their investment decision. It also allows for any shareholders who may have missed the original deadline to still take part in the rights issue.

Regulatory Compliance

As part of its regulatory obligations, Ashnisha Industries has duly informed the BSE Limited about this extension through a formal communication. The company has published the corrigendum cum addendum advertisement in national dailies, including Financial Express (English and Gujarati editions) and Jansatta (Hindi), to ensure wide dissemination of this information to all stakeholders.

Investors and shareholders are advised to review the terms of the rights issue carefully and consult with their financial advisors if necessary before making an investment decision. The extended timeline provides an opportunity for thorough consideration of the offer in light of individual investment goals and risk appetites.