Outcome of Board Meeting

oshimd LIMITED Registercd Offrce : 1st Floor, "Mitya", Near Xhadayata Colony, Ellisbridge, Ahmedabad - 380 006, lndia Phone : 91-79-4m19600 E-mail 3 texcellence@ashima.in Vl'bbcite: www.ashima.in CIN : L9!X,{,9Gj 1 982PtCIn5253 )uly O7,2026 To, To, BSE Limited National Stock Exchange of lndia Ltd Corporate Relationship Department, Exchange Plaza 5th Floor, Plot no. C/1, 25th Floor, P J Towers, Dalal Street, G Block, Bandra Kurla Complex, Fort, Mumbal - 400001 Bandra (East), Mumbai - 400051 SECURITY CODE NO. 514286 SECURITY CODE NO. ASHIMASYN Dear Sir/ Madam, Ref: lntimation under RegulAtion 30 of the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations,2015 - Outcome of the Circular Resolution passed by the Board of Directors of the Company on July 07,2026. Pursuant to Regulation 30 (read with Para A, Part A of Schedule lll of SEB| (Listing Obligations and Disclosure Requirements) Regulations, 2075, as amended from time to time ("SEBl Listing Regulations"), we hereby inform you that, the Board of Directors of the Company has approved and passed the following resolutions by circulation today, i.e. Wednesday, J u ly 01, 2026. 1. Appointment of Additional Director in the category of Non-Executive Non- lndependent Director on the Board of the Company: Appointment of Ms. Uttara Chintan Parikh (DlN: 02334342), as an Additional Director in the category of Non-Executive Non-lndependent Director of the Company w.e.f. July 01, 2026, subject to the approval of shareholders of the Company. It ls confirmed that Ms. Uttara Chintan Parikh (DlN: 02334342) is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority and she is not d isq ua lified from holding the office of director pursuant to provisions of Section 164 of the Companies Act, 2013. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/CFD/CFD-PoD- 2/P/C|R/20231123 dated )uly !1,2023 (as last updated on January 30,2026) are enclosed herewith as Annexure - A. oshimo' TIMITED Registerrd Office : lst Floor, "Mitya", Near Xhadayata Colony, Ellisbridge, Ahmedabad - 380 006, lndia Phone : 9l -7H0019600 E-mail : texcellence@ashima.in l,l&bcite : www.ashima.in GN : t9lXXl9cll 982Ptqn5253 2. Reconstitution of the Nomination and Remuneration Committee and the Stakeholders' Relationship Committee in compliance with the provisions of the Companies Act,2013 and the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The details relating to committee formation are attached in Annexure-8. This is for your information and records. Thanking you, Yours faithfu lly, For Ashima Limited HarshilShah Company Secretary & Compliance Officer Encl: As above oshimq' TIMITED Registercd Offioe : lst fhoi, "Mit a', l{ear Xhadayata Colony, Etlisbtilge, Alrmedabad - 380 fl16, lndh Phooe : 91-7$40019500 E-meil : texcellence@ashima.in lilbbriie : www.ashima.in ON : tll9lB9Gll 982Ptqn5253 DETAILS REQUIRED UNDER REGULATION 30 OF THE SEBI LISTING REGULATIONS READ WITH SEBI CIRCULAR NO. HO/CFD/CFD-PoD-2/P/C\R/2O23/723 dated Juty 11, 2023 (as last updated on January 30, 2026). Sr.No. Particu la rs Details 1 Reason for change: Appointment of Ms. Uttara Chintan Parikh (DlN: 02334342), as an Additional Director in the category of Non-Executive Non- lndependent Director of the Company. 2. Date of Appointment: Appointment of Ms. Uttara Chintan Parikh (DlN:02334342), as an Additional Director in the category of Non-Executive Non- Independent Director of the Company, liable to retire by rotation, effective from July 01, 2026 subject to the approval of sha reholders. 3. Brief profile: Ms. Uttara Parikh holds a graduate degree from the London School of Economics and an MBA from the London Business School. She possesses extensive professional experience as an investment banker and e- commerce entrepreneur and brings unique perspective towards business growth and strategic development. Her areas expertise include marketing, business strategy and data analytics. She is Director of Saumya Constructions Private Limited which has been acting Development Advisor to Ashima Limited for its ongoing real estate projects "Swan Lake" and "The Sovereign". She has been actively involved in the launch and execution of these projects. 4. Disclosure of relationships Ms. Uttara Chintan Parikh is the daughter between d irectors: of Mr. Chintan N. Parikh, Chairman and Managing Director of the Company, and the sister of Mr. Krishnachintan Parikh, Executive Director of the Company. 5 lnformation as required by the BSE Ms. Uttara Chintan Parikh is not debarred Circular No. LIST/COM P / t4/20LB- from holding the office of Director by virtue 19 and NSE Circular No. NSE/ of any SEBI Order or any such authority. CIYIL/ 20 18 / 24 dated J u ne 20, 2O7B oshlmd LIMITED Registercd Officr : lst Fhor, "Aditya', Neer Kradayah Colony, Ellicbddge, Ahmedabad - 38{l 005, lndia Phone : 91-7Hm19500 E-rnail : texcellence@ashima.in bbcite : www.ashima.in ON [9!,9lBcrl 982n0n5253 Annexure-B RECONSTITUTION OF VARIOUS COMMITTEES OF THE BOARD Nomination & Remuneration Committee Existing Constitution of Committee Proposed reconstitution of Committee N ame of the Category Name of the Category member member 1.Mr. Nilesh Mehta, Non-Executive 1. Mr. Nilesh Mehta, Non-Executive Chairman lndependent Director Chairman lndependent Director 2.Mrs. Koushlya Non-Executive 2. Mrs. Koushlya Non-Executive Me lwa ni, lndependent Director Melwani, lndependent Director Member Member 3.Mr. N eera.j Golas, Non-Executive 3. Mr. Malay Non-Executive Member lndependent Director Jayend ra Dalal, lndependent Director Member Chintan N Chairman and 4. Mr. Chintan N. Chairman and ikh, Member Managing Director Parikh, Member Managing Director Stakeholders' RelationshipCommittee Existing Co nstitution of Committee Proposed reconstitution of Committee Name of the Category Name of the member Category member 1. Mrs. Koushlya Non-Executive 1. Mrs. Koushlya Vijay Non-Executive Vljay Melwani, lndependent Melwani, Chairman lndependent Chairman Director Director 2. 2. M r. Neeia.i Non-Executive Mr. Krishnachinta n Executive Director Golas. Member lndependent Parikh, Member Director 3. 3. Mr. Malay Non-Executive Mr. Malay Jayendra Non-Executive Jayend ra Dalal, lndependent Daial, Member lnde pende nt Member Director Director