Ashima
14.63
+0.64(+4.57%)
Market Cap₹280.40 Cr
PE Ratio-26.38
IndustryTextiles
Company Performance:
1D+4.57%
1M+4.43%
6M-34.80%
1Y-28.74%
5Y-4.07%
View Company Insightsright
More news about Ashima
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.
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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.
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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.
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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).
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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.
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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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Ashima
14.63
+0.64
(+4.57%)
1 Year Returns:-28.74%
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