Ashima Ltd: Promoter group acquires 29.99% stake via trust transfer

Ashima Limited has received a disclosure regarding an acquisition under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations. Shefali Chintan Parikh, a member of the promoter group, will acquire 5,74,80,000 shares, representing 29.991% of the total share capital, from Chintan Navnitlal Parikh and Shefali Chintan Parikh, Trustees of Navchintan Trust. This transaction is a transfer without consideration, by way of distribution by the Trust to a beneficiary, and is exempted from open offer requirements as it is an inter-se transfer among promoters under Regulation 10(1)(a)(i). The acquisition is proposed to occur on or after September 21, 2026. The volume-weighted average market price for the last 60 trading days was ₹17.32.