Latest news about Ashima
Ashima
18.72
+1.50(+8.71%)
Company Performance:
View Company Insights1D+8.71%
1M+17.07%
6M+16.49%
1Y-31.30%
5Y-6.40%
More news about Ashima
29May 26
Ashima Limited seeks approval for director appointment and related party transaction
Ashima Limited has published a postal ballot notice seeking shareholder approval for the appointment of Mr. Malay Jayendra Dalal as an Independent Director for five years and a related party transaction involving its subsidiary, Ashima Capital Management Limited. The transaction involves enhancing the limit for Portfolio Management Services to ₹6.50 crore per year for FY 2026-27 to 2028-29. Remote e-voting is open from May 29, 2026, to June 27, 2026, with May 22, 2026, as the record date.
27May 26
Ashima Limited confirms full compliance with SEBI regulations for FY26
Ashima Limited's Annual Secretarial Compliance Report for FY26 confirms full adherence to SEBI regulations. The audit by Tapan Shah found no non-compliances, regulatory actions, or director disqualifications. The company maintained proper records, updated policies, and ensured timely disclosures.
26May 26
Ashima Limited reports FY26 net loss of ₹2,030 lakh
Ashima Limited reported a consolidated net loss of ₹2,030 lakh for FY26, widening from ₹1,900 lakh in FY25, while total income rose to ₹2,186 lakh from ₹1,360 lakh. The Board approved the audited financial results on May 23, 2026, and the statutory auditors issued an unmodified opinion.
02May 26
Ashima Limited Board Restructuring: Director Appointment and Committee Reconstitution
Ashima Limited has appointed Mr. Malay Jayendra Dalal as Non-Executive Independent Director for a five-year term effective May 1, 2026, subject to shareholder approval. The company has reconstituted its Audit Committee, Stakeholders' Relationship Committee, and Sub-Committee following this appointment, with Mr. Dalal replacing Mr. Sanjay Shaileshbhai Majmudar on the Audit and Stakeholders' Relationship Committees. The board changes were approved by circulation and communicated to stock exchanges under SEBI Regulation 30.
29Apr 26
Ashima Limited Confirms Non-Applicability of SEBI Large Corporate Entity Framework
Ashima Limited has disclosed to BSE and NSE that it does not qualify as a Large Corporate Entity under SEBI regulations. The company reported outstanding borrowings of Rs 163.86 crores as on March 31, 2026, which falls below the threshold for Large Corporate classification. This disclosure ensures compliance with SEBI circular requirements and maintains transparency with regulatory authorities and investors.
09Apr 26
Ashima Limited Submits SEBI Compliance Certificate for Q4 FY26
Ashima Limited filed its quarterly SEBI compliance certificate for Q4 FY26 with BSE and NSE on 9th April, 2026. The certificate, issued by registrar MUFG Intime India Pvt. Ltd., confirms proper handling of dematerialised securities during the quarter ended 31st March, 2026. This filing fulfills mandatory requirements under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, demonstrating the company's adherence to regulatory standards.
21Mar 26
Ashima Limited Submits Official Postal Ballot Results to Stock Exchanges
Ashima Limited completed its postal ballot process and submitted official voting results to stock exchanges on 21st March, 2026. The resolution for related party transactions received overwhelming approval from 99.72% of eligible public shareholders, with 87 voters participating in the e-voting process conducted from 18th February to 19th March, 2026.
19Mar 26
Ashima Limited Announces Partial Early Redemption of ₹4.00 Crore Worth of NCDs
Ashima Limited has announced partial early redemption of ₹4.00 crore worth of non-convertible debentures by exercising its call option. The redemption affects NCDs held by Crystal Quinone Pvt Ltd and Sharanam Metrolinks LLP, with ₹2.00 crore being redeemed from each holder by March 28, 2026. Following this action, the company's total outstanding NCD principal will be reduced to ₹26.75 crore from the original ₹55.00 crore issuance.
28Feb 26
Ashima Limited Board Approves Vanita Mathur as CEO Effective March 1, 2026
Ashima Limited's board of directors approved the appointment of Mrs. Vanita Mathur as Chief Executive Officer and Key Managerial Personnel effective March 1, 2026. The appointment was formalized during a board meeting held on February 28, 2026, in compliance with regulatory requirements under the Companies Act, 2013 and SEBI regulations. Mrs. Mathur brings over 30 years of experience within the group and holds an MBA in Finance, having previously served at Ashima Limited until 2020 and currently heading the group's real estate entity.
14Feb 26
Ashima Limited Files Revised Q3FY26 Results Correcting Segment Disclosure Errors
Ashima Limited submitted revised unaudited financial results for Q3FY26 after discovering inadvertent errors in segment-wise asset disclosure in consolidated statements. The corrections changed segment assets from negative ₹600 lacs to positive ₹20,675 lacs, with no impact on key financial parameters like revenue, profit, or EPS.
06Jan 26
Ashima Limited Reconstitutes Audit Committee with New Chairman
Ashima Limited has reconstituted its Audit Committee effective January 6, 2026, with Mr. Nilesh Mehta appointed as the new Chairman replacing Mr. Sanjay Majmudar. The reconstitution also involves a category change for Mr. Majmudar from Non-Executive Independent Director to Non-Executive Non-Independent Director, while he continues as a committee member. Mrs. Koushlya Melwani remains unchanged as a member. The changes were approved through Board resolution and communicated to stock exchanges as per SEBI regulations.
06Jan 26
Ashima Limited Redesignates Director Due to Professional Service Engagement
Ashima Limited has redesignated Mr. Sanjay Majmudar from Independent to Non-Independent Director due to potential conflicts arising from the company's intention to engage professional services from his chartered accountancy firm M/s. Parikh & Majmudar. The change, effective January 6, 2026, requires shareholder approval through postal ballot and maintains his board position while altering his independence status.
13Nov 25
Ashima Limited Reports Q2 Loss and Announces Registered Office Relocation
Ashima Limited released its Q2 FY2026 results, showing declining revenues and increased losses. Revenue dropped to Rs. 277.00 lacs from Rs. 528.00 lacs in Q2 FY2025, with net loss at Rs. 808.00 lacs. The company's real estate segment struggled with a loss of Rs. 21.00 lacs. Ashima's cash position decreased significantly to Rs. 747.00 lacs from Rs. 5,868.00 lacs in March 2025. The Board approved relocating the registered office to Ellisbridge, Ahmedabad, effective November 30, 2025. Additionally, Mr. Dhaval Thakkar, Senior Manager (Human Resources), resigned effective November 12, 2025.
16Sept 25
Ashima Limited Executes Partial Early Redemption of ₹24.25 Crore Non-Convertible Debentures
Ashima Limited has partially redeemed ₹24.25 crore of its unlisted, secured, unrated, redeemable, rupee-denominated non-convertible debentures (NCDs). The redemption was split equally between two debenture holders: Crystal Quinone Pvt Ltd and Sharanam Metrolinks LLP, each receiving ₹12.13 crore. The redemption reduced the paid-up value of existing NCDs, leaving ₹30.75 crore outstanding. The final redemption date remains October 15, 2025, with premium payment to be computed and paid at the end of the NCD tenure.
12Aug 25
Ashima Limited Reports Rs 185 Lakh Loss in Q1 Amid Real Estate Focus
Ashima Limited reported a loss of Rs 185.00 lakh for Q1 FY2024, compared to a profit of Rs 524.00 lakh in the previous quarter. Total income was Rs 350.00 lakh, with Rs 244.00 lakh from operations. Real estate segment generated Rs 244.00 lakh revenue with Rs 379.00 lakh segment result. Investment segment contributed Rs 265.00 lakh to results without revenue. The company invested Rs 1,822.00 lakh in land development and construction costs. Discontinued cotton textiles operations showed Rs 29.00 lakh revenue with Rs 73.00 lakh loss. EPS for continuing operations was Rs (0.10).
31Jul 25
Ashima Limited Secures Rs 70 Crore Through Non-Convertible Debenture Issuance
Ashima Limited, a textile manufacturer, has successfully raised Rs 70 crore through the allotment of 7,000 non-convertible debentures (NCDs) in a private placement. The NCDs, with a face value of Rs 1 lakh each, carry a 7.50% annual interest rate and a 9-year tenure. Investors have a put option after 2 years, and the principal is secured by a first charge on non-agricultural land. This issuance is part of a larger Rs 130 crore fund-raising plan approved by the company.
21Jul 25
Ashima Limited Secures Rs 50 Crore Through Non-Convertible Debentures at 7.50% Interest
Ashima Limited, a textile manufacturer, has raised Rs 50 crore by issuing Non-Convertible Debentures (NCDs) in a private placement. The company allotted 5,000 unlisted, secured, unrated, redeemable NCDs with a face value of Rs 1 lakh each. The NCDs carry a 7.50% annual interest rate, payable yearly, with a 9-year tenure. They are secured by a first charge on non-agricultural land and include a put option after 2 years. This issuance is part of Ashima's larger plan to raise up to Rs 130 crore through multiple NCD tranches.
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625.10
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25.10
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396.55
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548.75
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86.58
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855.40
(+2.95%)
280.55
(+0.02%)
214.75
(+1.13%)
1,723.00
(+0.75%)
363.75
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