Disclosure under SEBI Takeover Regulations

Disclosures under Regulation 10(5) - lntimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (substantial Acquisition of Shares and Takeovers) Regutations, 2011 1. Name of the Target Company (TC) Ashima Limited 2. Name of the acquirer(s) Shefali Chintan Parikh (PAN No. ABDPP0427E) 3. Whether the acquirer(s) is/ are promoters of the Acquirer is a member of Promoter group oftheTarget TC prior to the transaction. lf not, nature of Company prior to the transaction. relationship or association with the TC or its promoters 4. Details of the proposed acquisition a. Name of the person(s) from whom shares Chintan Navnitlal Parikh and Shefali Chintan parikh - are to be acquired Trustees of Navchintan Trust b. Proposed date of acquisition On or after 2L.O9.2026 c. Number of shares to be acquired from each 5,74,80,000 person mentioned in 4(a) above d Total shares to be acquired as% of share 29.991% capitalof TC e. Price at which shares are proposed to be This is a transfer without consideration, by way of acquired distribution by Trust to beneficiary. f. Rationale, if any, for the proposed transfer lnter-se Transfer among Promoters pursuant to Regulation 10(1Xa)(i) 5 Relevant sub-clause of regulation 10(1)(a) under Regulation 10(1Xa) (i) - lnter-se Promoters transfer which the acquirer is exempted from making open offer 6. lf, frequently traded, volume weighted average Rs. 17.32 market price for a period of 60 trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period. 7 lf in-frequently traded, the price as determined in NA terms of clause (e) of sub-regulation (2) of Regulation 8 of SEBI (SAST) Regulation. 8. Declaration by the acquirer, that the acquisition Not applicable, since this is a transfer without price would not be higher by more than 25% of consideration, by way of distribution by Trust to the price computed in point 6 or point 7 as beneficiary. applicable. 9. i. Declaration by the acquirer, that the transferor and transferee have complied (during 3 years I hereby declare that the Transferor and the prior to the date of proposed acquisition) / will Transferees have complied with/ will comply with comply with applicable disclosure requirements applicable disclosure requirements under chapter V of in Chapter V of the Takeover Regulations, 2011 the sEBl (SAST) Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations, 1997) ii. The aforesaid disclosures made during previous 3 years prior to the date of proposed acquisition to be furnished 10. Declaration by the acquirer that all the conditions I hereby declare that all the conditions specified under specified under regulation 10(1)(a) with respect regulation 10(1Xa) with respect to exemptions has to exemptions has been duly complied with. been duly complied with. 11. Shareholding details Before the proposed After the proposed transaction transaction No. of %dw.r.t No. of %w.r.t shares total shares total /voting share /voting share Rights capital of rights capital TC ofTC A Acquirer(s) and PACs (other than sellers)(*) 1. Chintan Navnitlal Parikh 1,87,095 o.to% 1,87,095 0.10% Shefali Chintan Parikh 88,762 o.o5% 5,75,68,762 30.o4% Krishnachintan Chintan Parikh 31,300 o.o2% 31,300 o.o2% Chintan Navnitlal Parikh And Shefali Chintan Parikh - Trustees of Chintan Parikh Family Trust No.1 95,80,000 5.OO% 95,80,000 s.oo% Chintan Navnitlal Parikh And Shefali Chintan Parikh - Trustees of Chintan Parikh Family Trust No.2 g5,go,ooo 5.OO% g5,8o,0oo 5.OO% Chintan Navnitlal Parikh And Shefali Chintan Parikh - Trustees of Chintan Parikh Family Trust No.3 95,80,000 s.oo% 95,80,000 5.OO% Total 2,90,47,757 t5.76% 2,90,47,L57 4s.75% B Seller (s) 1. Chintan Navnitlal Parikh And Shefali 11,17,95,678 s8.33% 5,43,L5,678 2834% Chintan Parikh -Trustees of Navchintan Trust Note: (*) Shareholding of each entity may be shown separately and then collectively in a group. a The above disclosure shall be signed by the acquirer mentioning date & place. ln case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers. t-r.rh Shefali Parikh Acquirer Place: Ahmedabad Date: 1ls September, 2026