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Chintan Parikh Family Trusts have acquired approximately 15% stake in Ashima Limited through an inter-se transfer of 2,97,40,000 shares from promoter Mrs. Shefali Chintan Parikh without any monetary consideration. This move increases the promoter group’s shareholding from 58.45% to 73.42%, consolidating control within the promoter trusts. The transfer is a restructuring within the promoter group and does not involve an open offer. This shift strengthens the promoter holding, potentially supporting greater strategic alignment and control over company decisions.