Ashiana Housing Limited — Updates, 25-03-2025: Press Release

The Directorate General of GST Intelligence has waived the Show Cause Notice under section 74 of the CGST Act, 2017, after Ashiana Housing Ltd. settled all government dues, including interest and penalty. A closure letter has been issued concluding the proceedings in the company's favor, indicating a positive resolution of the matter. Importantly, this development reported no significant impact on the financial or operational performance of the company. Investors may view this closure as a stability factor, suggesting a positive outlook for Ashiana Housing's operational environment moving forward.