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.