Ashima has raised Rs 5 crore through the allotment of 500 Unlisted, Secured, Unrated, Redeemable, Rupee Denominated, Non-Convertible Debentures (NCDs) of face value of Rs1,00,000 on Private Placement basis (NCDs) – Tranche-III. The Sub-Committee of Directors (Committee) of the Company has, at its meeting held today i.e. October 30, 2023, 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.