Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Postal Ballot Notice of the Company dated 23rd May, 2026, ....
ASHIMASYN · price
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Ashima Ltd has issued a Postal Ballot Notice seeking shareholder approval for two items. First, the appointment of Mr. Malay Jayendra Dalal as an Independent Director for 5 years (May 2026 to April 2031) - he is a Fellow Chartered Accountant with 35+ years of experience. Second, enhancement of the related party transaction limit between Ashima Capital Management Limited (ACML, wholly owned subsidiary) and Saumya Construction Private Limited from Rs. 6 crore to Rs. 6.50 crore per year for FY 2026-27 to 2028-29. ACML provides Portfolio Management Services to SCPL. The e-voting period runs from May 29, 2026 to June 27, 2026. For FY 2025-26, ACML had turnover of Rs. 1.95 Crores while Ashima Ltd consolidated turnover was Rs. 12.01 Crores. Previous related party transactions for FY 2025-26 amounted to Rs. 777.69 lakhs.
Shareholders should review both proposals - the director appointment adds experienced independent oversight while the enhanced related party transaction limit increases business scope between the subsidiary and a related party. Voting outcome will be declared within 2 working days of June 27, 2026.