Ashnisha Industries Limited has issued a formal clarification to BSE Limited regarding unauthorized stock recommendations that were circulated on social media platforms. The company received notification from the Bombay Stock Exchange on January 12, 2026, about stock recommendation messages being distributed through Telegram channels.

Company's Official Position

The company has categorically denied any involvement in these unauthorized communications. In its official disclosure, Ashnisha Industries stated that it has not authorized, approved, or promoted any stock recommendations, investment advice, or messages circulated on social media platforms. The company emphasized that it does not associate itself with any individual or entity providing such recommendations regarding its securities.

Regulatory Compliance Statement

Ashnisha Industries confirmed that all material information and price-sensitive information has been duly submitted to the stock exchange and the company's website within prescribed time limits. The company maintains strict adherence to regulatory disclosure requirements under applicable regulations.

Official Communication Channels

The company has advised investors and the general public to rely only on information disseminated through official channels:

• Stock Exchange disclosures on the BSE platform
• Announcements published on the official website: www.ashnisha.in
• Communications issued directly by the company

Investor Advisory

Ashnisha Industries strongly advises investors not to rely upon or act on unauthorized messages or recommendations. The company encourages investors to make decisions based on facts rather than rumors and to avoid being influenced by misleading information circulated through unofficial channels.

The disclosure was signed by Managing Director Ashok C. Shah (DIN: 02467830) and submitted to BSE Limited as part of the company's regulatory compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ashnisha Industries Limited has strengthened its board composition with the appointment of a new independent director. The company announced this governance development following a board meeting held on December 13, 2025.

Board Meeting Details and Appointment

The Board of Directors convened on December 13, 2025, from 11:30 AM to 12:00 PM at the company's registered office in Ahmedabad. During this meeting, the board approved the appointment of Mr. Kunjan Nathabhhai Rathod as Additional Independent Director.

Director Profile and Experience

Mr. Kunjan Nathabhhai Rathod brings over 5 years of extensive experience in managing transport and logistics business to the board. He possesses strong management and leadership skills, with a proven ability to drive business growth and operational efficiency. His extensive experience and strategic insight will be valuable in guiding the company's business decisions as an Independent Director.

Regulatory Compliance and Disclosure

Ashnisha Industries Limited has informed BSE Limited about this appointment under Regulation 30 of SEBI (LODR) Regulations, 2015, read with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has affirmed that Mr. Rathod has not been debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or such other authorities.

Company Information

Ashnisha Industries Limited operates from its registered office at 7th Floor, Ashoka Chambers, Opp. HCG Hospital, Mithakhali Six Roads, Mithakhali, Ahmedabad-380006, Gujarat, under the leadership of Managing Director Mr. Ashok C. Shah (DIN: 02467830). The appointment represents a move to enhance the company's corporate governance framework and provides stability to the board's independent oversight function.