Ashima has raised Rs 40 crore through the allotment of 4,000 partly paid, Unlisted, Secured, Unrated, Redeemable, Rupee Denominated, Non-Convertible Debentures (NCDs) of face value of Rs 1,00,000 each, on Private Placement basis of which Rs 18,750 per debenture has been paid-up on application and the balance amount shall be payable in calls. The Sub-Committee of Directors of the Company has, at its meeting held on January 18, 2023, has approved the allotment of the same.
Ashima offers cotton fabrics instilling the latest fashion trends and aesthetics. Excellence in Design and innovation has steered Ashima in the league of leading manufacturers of Yarn dyeds, Piece dyeds and Denims.
