Ashnisha Industries Limited has formally announced the regularization of Mr. Kunjan Nathabhaji Rathod as Non-Executive Independent Director following the successful completion of its postal ballot process on 4th March, 2026. The company received overwhelming shareholder support for the directorate change, with the appointment now officially effective for a five-year term.

Postal Ballot Results and Regulatory Compliance

The postal ballot was conducted in accordance with Sections 108, 110 and other applicable provisions of the Companies Act, 2013, along with SEBI Listing Regulations. The remote e-voting process commenced on 3rd February, 2026 at 9:00 AM and concluded on 4th March, 2026 at 5:00 PM, with Central Depository Services (India) Limited serving as the authorized agency.

Director Appointment Approval

The special resolution concerning the regularization of appointment of Mr. Kunjan Nathabhaji Rathod (DIN: 10964701) as Non-Executive Independent Director received exceptional shareholder support. Out of 21214595 total votes polled, representing 8.00% of outstanding shares, the resolution secured 21207326 votes in favor, achieving 99.97% approval.

Director Profile and Appointment Terms

Mr. Kunjan Nathabhaji Rathod has been appointed for a period of five years with effect from 13th December, 2025 to 12th December, 2030. The company has confirmed that he has not been debarred from holding the office of Director by SEBI or other regulatory authorities.

According to the company's disclosure, Mr. Rathod brings over five years of extensive experience in managing transport and logistics business. He possesses strong management and leadership skills, with a proven ability to drive business growth and operational efficiency. The company stated that his extensive experience and strategic insight will be valuable in guiding business decisions as an Independent Director.

Business Expansion Authorization

Alongside the director appointment, shareholders also approved the alteration of the Memorandum of Association to include commodity trading operations. The second special resolution received 21214028 votes in favor out of 21214595 total votes polled, representing 99.9973% approval rate. This enables the company to engage in comprehensive commodity trading operations including metals, bullion, minerals, and energy products both in India and abroad.

Regulatory Compliance and Documentation

Managing Director Ashok C. Shah (DIN: 02467830) signed the regulatory filing submitted to BSE Limited under Regulation 30 of SEBI Listing Regulations. Mr. Chintan K. Patel, Practicing Company Secretary (Membership No. 31987), served as the appointed scrutinizer and validated the entire e-voting process, confirming compliance with all regulatory provisions. The company fulfilled all statutory requirements including proper notice dispatch and newspaper publications as mandated under the Companies Act, 2013.

Ashnisha Industries Limited has released its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company's Board of Directors convened on February 14, 2026, to approve and record these financial statements in accordance with regulatory requirements.

Board Approval and Regulatory Compliance

The Board of Directors meeting held on Saturday, February 14, 2026, formally approved the unaudited standalone and consolidated financial results for the reporting period. These results have been prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring adherence to prescribed disclosure norms.

Financial Results Accessibility

The comprehensive financial statements, accompanied by the limited review report, have been made publicly available through multiple channels:

Corporate Information

Ashnisha Industries Limited operates under CIN L74110GJ2009PLC057629, with its registered office located at 7th Floor, Ashoka Chambers, Mithakhali Six Road, Ahmedabad 380006, Gujarat, India. The company maintains communication channels through phone number 079-26463227 and email address ashnishalimited@gmail.com .

Management Authorization

The financial results announcement was authorized by Ashok C. Shah, Managing Director (DIN: 02467830), confirming the company's commitment to transparent financial reporting and stakeholder communication.

Regulatory Framework

The announcement aligns with SEBI's regulatory framework for listed companies, ensuring timely disclosure of financial performance to investors and market participants. The availability of results through both stock exchange and company platforms facilitates easy access for all stakeholders seeking financial information about the company's performance during the specified reporting period.