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

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.

Ashnisha Industries Limited, a company engaged in steel trading and chemical activities, has reported a significant increase in profit for the first quarter, despite a decline in revenue.

Financial Highlights

• Standalone profit rose to ₹5.81 lakhs, up 49% from ₹3.89 lakhs in the same quarter last year
• Revenue from operations decreased to ₹34.50 lakhs from ₹41.81 lakhs year-over-year
• Total income, including other income, stood at ₹56.28 lakhs
• Consolidated profit more than doubled to ₹12.20 lakhs from ₹5.08 lakhs in the previous year's quarter

Segment Performance

Key Financial Metrics

• Basic and Diluted EPS (standalone): ₹0.01 per share
• Basic and Diluted EPS (consolidated): ₹0.01 per share

Business Operations

Ashnisha Industries Limited primarily operates in steel trading and chemical activities. The company's performance this quarter shows resilience in profitability despite challenging market conditions affecting revenue.

Consolidated Performance

On a consolidated basis, which includes the performance of its subsidiary Adzillow Private Limited, Ashnisha Industries showed even stronger growth:

• Consolidated revenue from operations remained at ₹34.50 lakhs
• Other income significantly increased to ₹50.28 lakhs
• Total consolidated income reached ₹84.78 lakhs

Balance Sheet Strength

The company maintains a strong balance sheet position:

• Paid-up equity share capital: ₹1010.00 lakhs (face value of ₹1/- each)
• Consolidated other equity as of the last financial year end: ₹5060.50 lakhs

Segment-wise Capital Employed

The financial results demonstrate Ashnisha Industries' ability to improve profitability despite revenue challenges. The significant increase in other income on a consolidated basis has contributed to the overall positive performance for the quarter.

Investors and stakeholders may find encouragement in the company's profit growth, particularly in the consolidated figures, which suggest that its subsidiary operations are adding value to the group's performance.