Ashima Limited — QIP/Rights/Pref., 31-07-2025: Allotment of Securities

Ashima Limited has secured fresh capital by allotting 7,000 Unlisted, Secured, Non-Convertible Debentures (NCDs) via private placement. Each NCD has a face value of Rs 0.01 Cr, resulting in a total fund infusion of Rs 70 Cr. These debentures will offer 7.50% annual interest and mature in 9 years, with a put option for investors after 2 years. This move significantly strengthens Ashima's financial position and operational flexibility. The NCDs are secured by a first charge on non-agricultural land.