Ashnisha Industries Ltd — Others, 18-07-2025: Others

Ashnisha Industries has announced its Annual General Meeting to approve the financial results for the year ended March 31, 2025. The company reported a standalone profit of **0.12 Cr** and consolidated profit of **0.17 Cr** for FY25, and no dividend was proposed to conserve resources. Shareholders will consider re-appointing Mr. Ashok Shah and confirming Mr. Umangkumar Patel as an Independent Director. Key business updates include a planned Rights Issue to raise less than **50 Cr** and a 1.5 MW solar power project in Gujarat currently in progress. The AGM will also seek approval for future related party transactions up to **150 Cr** for FY27, supporting ongoing business. Auditors noted certain inter-corporate loans were interest-free.