Ashima Ltd — Board/Management Information 2024

Feb 8, 2024

==> picture [473 x 108] intentionally omitted <==

08[th] February, 2024

To, BSE Limited Corporate Relationship Department, 25[th] Floor, P J Towers, Dalal Street, Fort, Mumbai – 400001 SECURITY CODE NO. 514286

To,

National Stock Exchange of India Ltd Exchange Plaza 5[th] Floor, Plot no. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 SECURITY CODE NO. ASHIMASYN

Dear Sir/ Madam,

Sub: Re-appointment of Mr. Krishnachintan C. Parikh (DIN: 07208067), as Executive Director of the Company.

Ref: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

With reference to the captioned subject matter and pursuant to the provisions of Regulation 30 read with Part A of Schedule III 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. 08[th] February, 2024, inter-alia, has re-appointed Mr. Krishnachintan C. Parikh (DIN: 07208067), as Executive Director of the Company for a period of three (3) years with effect from 05[th] June, 2024, subject to the approval of shareholders of the Company by means of a Special Resolution.

The details are annexed herewith as Annexure.

This is for your information and records.

Thanking you,

Yours faithfully, For Ashima Limited

Digitally signed by SHWETA SULTANIA DN: c=IN, o=Personal, SHWETA pseudonym=15E92D174FBF210DD1525EB2B4B54047AAE6E221, 2.5.4.20=3773c076ef0163b5656e1803e4086aa591e 270c11fb2ca81ccbc10ce9cc0b102, postalCode=380055, st=Gujarat, serialNumber=5988C6AC8A761CA9A45C62B8D07A SULTANIA 0E8CCD50129BC3A36104135D915AEB1FF57A, cn=SHWETA SULTANIA Date: 2024.02.08 15:45:34 +05'30'

Shweta Sultania Company Secretary & Compliance Officer

Encl: As above

==> picture [469 x 27] intentionally omitted <==

==> picture [473 x 108] intentionally omitted <==

Annexure

Disclosure under Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Re-appointment of Mr. Krishnachintan C. Parikh (DIN: 07208067), as Executive Director of the Company:

Sl. No.	Particulars	Details
1.	Reason for change:	Re-appointment
2.	Date of appointment and term of appointment:	On the recommendation of Nomination & Remuneration Committee, the Board of Directors of the Company has at its meeting held today approved the re- appointment of Mr. Krishnachintan C. Parikh (DIN: 07208067), as Executive Director of the Company for a period of 3 years from 5thJune, 2024 to 4thJune, 2027, subject to the approval of shareholders of the Company by means of a Special Resolution.
3.	Brief profile (in case of appointment) :	Mr. Krishnachintan Parikh is a Bachelor in Electronic Engineering from University of Sheffield, UK and an MBA from Columbia University, USA. He has several years of work experience in preparing financial reports for analysis and reporting progress of projects. Currently, he leads the Company as an Executive Director since June 2021, overseeing textile and real estate activities. He is actively involved in planning, monitoring and execution of real estate projects undertaken by the Company. He also heads the investment division of the Company, which follows

SHWETA SULTANIA Digitally signed by SHWETA SULTANIA DN: c=IN, o=Personal, pseudonym=15E92D174FBF210DD1525EB2B4B54047AAE6E221, 2.5.4.20=3773c076ef0163b5656e1803e4086aa591e270c11fb2ca81ccbc10ce9cc0b102, postalCode=380055, st=Gujarat, serialNumber=5988C6AC8A761CA9A45C62B8D07A0E8CCD50129BC3A36104135D915AEB1FF57A, cn=SHWETA SULTANIA Date: 2024.02.08 15:46:33 +05'30'

==> picture [469 x 27] intentionally omitted <==

==> picture [473 x 108] intentionally omitted <==

		the value investing approach for investing in equity shares of various companies. His innovative ideas and strategies have given a new and fresh dimension to the operations of the Company.
4.	Disclosure of relationships between directors (in case of appointment of a director):	Related to Mr. Chintan N. Parikh (DIN: 00155225), Managing Director of the Company.

For Ashima Limited

Digitally signed by SHWETA SULTANIA DN: c=IN, o=Personal, SHWETA pseudonym=15E92D174FBF210DD1525EB2B4B54047AAE6E221, 2.5.4.20=3773c076ef0163b5656e1803e4086aa591 e270c11fb2ca81ccbc10ce9cc0b102, postalCode=380055, st=Gujarat, serialNumber=5988C6AC8A761CA9A45C62B8D07 SULTANIA A0E8CCD50129BC3A36104135D915AEB1FF57A, cn=SHWETA SULTANIA Date: 2024.02.08 15:47:47 +05'30' Shweta Sultania Company Secretary & Compliance Officer

==> picture [469 x 27] intentionally omitted <==