Outcome of Board Meeting

oshimo' TIMITED Registered ffice : lst Floor, "AdWo,Near tftadapta Colony, Ellisbrldge,Alrmedabad -380 006, lndia Phone 291-794N19600 E-mail: texcellence@ashima.in lrubbcite: www.ashima.in CIN : t99llllllGll 982PtC005253 78th )ulY,2O26 To, To, BSE Limited NationalStock Exchange of lndia Ltd. Corporate Relationship Department, Exchange Plaza 5th Floor, Plot no.Cl1,, 25th Floor, P J Towers, Dalal Street, G Block, Bandra Kurla Complex, Fort, Mumbai - 400001 Bandra (East), Mumbai- 400051 sEcuRtwcoDE No.514286 SECURITY CODE NO. ASH IMASYN Dear Sir/ Madam, Sub: Outcome of Board Meeting held on 18th July.2025 With reference to the captioned subject matter and pursuant to the provisions of Regulation 30 read with Para A of Part A of Schedule llt of SEBI (Listing Obligations and Disclosure Requirements) Regulations ,2015, this is to inform you that the Board of Directors of the Company at its meeting held today i.e. 18th July,2O26, inter-alia, has approved the following matters: 7. The Unaudited Financial Results (Standalone and Consolidated)for the quarter ended 30th June, 2026,in accordance with the provisions of Regulation 33 of the Listing Regulations and also considered the Limited Review Report received from M/s Mukesh M. Shah & Co., Chartered Accountants (Firm Registration No. 106625W), the Statutory Auditors of the Company. A copy of the aforesaid Financial Results together with Limited Review Report of the Statutory Auditors is enclosed herewith. 2. Cost Statements and other statements annexed to Cost Audit Report and took note of draft Cost Audit Report of M/s. Ankit Sheth & Co., Cost Accountant for the financial year 2025-26. The meeting of Board of Directors commenced at 03.32 p.m. and concluded at 03.52 p.m. This is for your information and records. Thankingyou, Yours faithfully, For, Ashima Limited HarshilShah Company Secretary and Compliance Offi cer Encl:As above rru(esH co. M. SHAH & CHARTERED ACCOUNTANTS !NDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS The Board of Directors Ashima Limited Ahmedabad We have reviewed the accompanying statement of Standalone Unaudited Financial Results of Ashima Limited ['the Company'], for the quarter ended on June 30,2026 ['the Statement'] attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended ("the Listing Regulations"). 2. This statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the lndian Accounting Standard 34,'lnterim Financial Reporting' ('lnd AS 34'), prescribed underSection 133 of the CompaniesAct,2013 read with relevant rules issued thereunder and other accounting principles generally accepted in lndia. Our responsibility is to express a conclusion on the statement based on our review. 3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, 'Review of lnterim Financial lnformation Performed by the lndependent Auditor of the Entity' issued by the lnstitute of Chartered Accountants of lndia (lCAl). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid lndian Accounting Standard and other accounting principles generally accepted in lndia, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Mukesh M. Shah & Co Chartered Accountants Firm Regn. No. 106625W Place: Ahmedabad Date: July L8,2026 Suvrat S. Shah Pa rtne r uow: 26 I o 265 TABSS XT6 0 6 g Membership No. 102651 +9L-7 9 -2647 2OO O I co ntact@ m m sco. i n I www. m m sco. i n ln Floor, Heritage Chambers, Behind Bikanerwala Sweets, Near Azad Society, Nehru Nagal Ahmedabad-3BOO15 ASHIMA LIMITED REGD. OFFICE]ISI FLOOR AOITYA, NR. KHADAYATA COLOT.IY, ELLISBRIDGE, AHMEDABAD"3SO 006, GUJARAT, INDTA CIN : L99999GJ1 982PLC005253 EMAIL:texcellence@ashlma.ln # PHONE:91-7940019600 f WEBSITE:www'ashlma.ln STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED ON 3OTH JUNE, 2026 share Quarter ended Year ended Sr.No. Particulars 30t06t2026 31t03t2026 30t06t2025 31t03t2026 (1) (21 (3) (4) (5) (6) Unaudited Audlted Unaudited Audited 1 lncome from Operatlons CONTINUING OPERATIONS: (a) Revenue lrom Operations 774 633 244 1,042 (b) Other lncome 167 10 106 954 Total lncome 941 643 3s0 1,997 2 Expenses (a) Cost of material consumed (b) Purchase ol stock-in-trade (c) Changes in invenlories ol Finished goods, work-in-progress and stock-in-trade (1,586) (3,3e3) (1,854) (9,067) (d) Land Development & Construction Cost 1,747 3,813 1,822 9,359 (e) Employee benefits expense 190 2't0 155 757 (1) Finance costs 246 264 172 896 (g) Depreciation and amortization expense 7 a 7 28 (h) Other expenses Loss on fair valuation-lnvestment activity 221 362 Other expenses 166 108 145 458 Total Other expenses 166 328 145 821 Total Expenses 769 1,227 446 2,792 3 ProfiV(Loss) berore Exceptional items and Tax lrom Continuing operations 171 (96) /vb 4 Exceptional items 5 ProriU(Loss) before Tax from Continuing operations 171 (584) (96) 6 Tax Expense Deferred Tax - (Charge) / Credit 12 194 194 7 ProfiV(Loss) lor the period lrom Continuing operations 183 (96 601 8 ProliU(Loss) before Exceptlonal items and Tax from Discontinued operations ProfiV(Loss) from Discontinued operations (2-02) (88s) Exceptional items ol Discontinued operations 1',nr !'ot Defened Tax- (Charge) / Credit of Discontinued operations 29 (148) (111) (674\ Prof iU(Loss) f rom Discontinued operations (s0l 9 ProfiU(Loss) for the period 133 I.tu (281 10 Other Comprehensive lncome Items that will not be reclassiJied to prolit or loss ----Re-measurement losses on post employment defined bene{it plans (48) (1 36) -----lncome tax ellect 11 Total Comprehensive lncome 133 /UU (281) Q. 12 Paid up share capital (par value Rs.10l each, lully paid) 1 9,1 66 19,t66 1 9,1 66 1 9,1 66 13 Other equity excluding revaluation reserve 8,403 14 Earnings per share [EPS] (of Rs. 101 each) (not annualised) Basic and diluted EPS [in Rs.]-Continuing operations 0.10 (0.20) (0.05) (0.31) Basic and diluted EPS [in Rs.]-Discontinued operations (0.03) (0.18) (0.1 0) (0.82) Basic and diluted EPS [in Bs.]-Continuing & Discontinued operations 0.07 (0.39) (0.1 5) (1.13) 1 These linancial results have been reviewed by the Audit Committee and have been approved by the Board ol Directors at their respective meetings held on 18th July,2026. 2 The above results lor the Quarter ended on -30th June, 2026 have been prepared in accordance with the Companies (lndian Accounting Standards) Bules, 2015 (lnd AS), prescribed under Seclion 1 33 ol the Companies Act, 201 3, and other recognised accounting practices and policies to the extent applicable. 3 The lormat ol the above results as prescribed in SEBI's Circular CIR/CFDiCMD/15/2015 dated 30th November, 2015 has been modilied to comply with the requiremenls ol SEBI's [Showing first 8,000 characters — download PDF for full document]