MoneyWorks4Me

Ashima gets nod to raise Rs 130 crore via NCDs

23 Jun 2025 Evaluate

Ashima has received approval for raising funds through issuance of fully paid-up Non-Convertible Debentures (NCDs) on private placement basis in one or more tranches, up to an amount not exceeding Rs 130 crore, 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). The Board of Directors of the company at its meeting held on June 21, 2025, inter alia, has considered and approved the same. 

Ashima offers cotton fabrics instilling the latest fashion trends and aesthetics.


Peers
Company Name CMP
Lodha Developers 1064.00
Prestige EstatesProj 1412.65
Dilip Buildcon 395.05
DLF 646.50
Oberoi Realty 1697.70
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