Ashiana Housing has announced the closure of its trading window for designated employees, their immediate relatives, and insiders. This move comes in anticipation of an upcoming board meeting scheduled for December 11, 2025.

Key Points

• Trading Window Closure: From December 4, 2025
• Reopening Date: December 15, 2025
• Board Meeting Date: December 11, 2025
• Meeting Agenda: To decide on raising funds through the issue of unsecured non-convertible debentures on a private placement basis

Details of the Announcement

The closure of the trading window is in compliance with the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015, as amended, and the company's Code of Conduct on Insider Trading and Fair Disclosure.

This temporary restriction on trading is a standard practice aimed at preventing insider trading and ensuring fair market practices, especially when significant corporate decisions are pending. The company's move to potentially raise funds through unsecured non-convertible debentures could have implications for its capital structure and future financial strategies.

Investors and market participants will be watching for the outcome of the December 11 board meeting, as it may provide insights into Ashiana Housing's financial plans and growth strategies. The reopening of the trading window on December 15, 2025, will allow for market reactions to any decisions made during the board meeting.

Stakeholders are advised to stay informed about the company's official announcements and consult with financial advisors before making investment decisions based on this development.

Ashiana Housing , a prominent real estate developer, has reported impressive financial results for the second quarter of fiscal year 2026, demonstrating resilience and growth in a competitive market landscape.

Financial Highlights

• Value of Area Booked: INR 303.43 crores in Q2 FY26
• Profit After Tax (PAT): INR 27.54 crores
• Cash Flow: INR 122.62 crores
• Equivalent Area Constructed: 7.25 lakh square feet, up 18% from Q1

Key Developments

• Land Acquisition: 22.7 acres acquired in Chennai for a senior living project with a potential sales value of approximately INR 1,200 crores
• Project Launches: Plans to launch Ashiana Aaroham and Amaya projects in Q4
• Sales Target: Aiming for INR 2,000 crores in presales for FY26

Financial Performance

The company's Q2 FY26 performance shows a mixed picture when compared to Q1:

The decrease in revenue is attributed to lower deliveries, while the significant increase in PAT is driven by a mix favoring better margin projects delivered in Q2.

Operational Progress

Ashiana Housing initiated handovers for Advik Phase 1 and Tarang Phase 4B in Bhiwadi during the quarter. The company also settled a long-pending dispute related to the development agreement for Project Maitri in Kolkata, receiving INR 18.5 crores as a full and final settlement.

Future Outlook

The company remains optimistic about its growth trajectory, particularly in the senior living segment. Varun Gupta, Whole-Time Director, stated, "We see senior living as the real, real big future for the company. We are market leaders there, and we are seeing changing demographic profiles and income profiles, which present a significant opportunity."

Ashiana Housing is targeting a presales figure of INR 2,000 crores for FY26, with much depending on the success of upcoming project launches, including Ashiana Aaroham and Amaya.

Market Dynamics

The company noted that the real estate market, particularly in Gurugram, has become more discerning. Varun Gupta observed, "The market in Gurugram is not as secular as it was 18 months ago. The differentiation in the market for better product, better branded developers has happened."

As Ashiana Housing continues to navigate the evolving real estate landscape, its focus on senior living projects and strategic expansions positions it well for future growth and profitability.