Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Ashima has informed that the Board of Directors of the Company at its meeting held today 21st June, 2025, has considered and approved the following matters: 1. Raising funds through issuance of fully paid-up Non-Convertible Debentures on private placement basis in one or more tranches, up to an amount not exceeding Rs. 130 Crores, in accordance with the applicable laws including the provisions of the Companies Act, 2013 and the rules framed thereunder, as amended from time to time (‘issue of NCDs’). Further, the Board of Directors have delegated the powers to the Sub-Committee of Directors in respect of Issue of NCDs including powers to decide all the terms and conditions for issue of NCDs and the matters connected and incidental thereto. The Issue of NCDs will be within the current borrowing limits applicable to the Company under Section 180(1)(c) of the Companies Act, 2013. The required details of the abovementioned issuance pursuant to the Listing Regulations are annexed as Annexure-I. The meeting of the Board of Directors commenced at 11:50 am and concluded at 12:03 pm.
The above information is a part of company’s filings submitted to BSE.
