5142862026-11-045142862026-11-042026-11-04RelatedPartyTransactionDomain15142862026-11-042026-11-04RelatedPartyTransactionDomain25142862026-11-042026-11-04ResolutionOrAgendaDomain15142862026-11-04ResolutionOrAgendaDomain15142862026-11-042026-11-04ResolutionOrAgendaDomain25142862026-11-04ResolutionOrAgendaDomain2iso4217:INRxbrli:pureAshima LimitedASHIMASYNNew2026-11-0412:10:002026-11-04Postal BallotPostal Ballot1Thursday2026-11-0509:00:00Ahmedabad2026-12-042Ashima LimitedSaumya Construction Private LimitedNature of Relationship: Saumya Construction Private Limited is having same directors and shareholders. (1) Mr. Chintan Parikh, Chairman and Managing Director (Promoter) of the Company is Director and Shareholder of Saumya Construction Private Limited. (2) Mr. Krishnachintan Parikh, Executive Director of the Company is Director of Saumya Construction Private Limited. (3) Ms. Uttara Chintan Parikh, Non-Executive Non Independent Director of the Company is Director of Saumya Construction Private Limited. (4) Navchintan Trust, Promoter of the Company holding 28.33% equity shares in the Company is also holding 55.00% equity shares in the share capital of Saumya Construction Private Limited. Nature of concern /interest: 1. Saumya Construction Private Limited acts as Development Advisor for the project “Swan Lake”. 2. Saumya Construction Private Limited acts as Development Advisor for the project “The Sovereign”. 3.The premises serving as the Company’s registered office are owned by Saumya Construction Private Limited (“SCPL”) and have been leased by SCPL to the Company.Any other transaction(a) sale, purchase or supply of any goods or materials; (b) selling or otherwise disposing of, or buying, property of any kind; (c) leasing of property of any kind; (d) availing or rendering of any services; (e) appointment of any agent for purchase or sale of goods, materials, services or property;500000002026-04-012029-03-31Approval is proposed to be taken separately for each financial year i.e. 2026-27, 2027-28 and 2028-29.Ashima Capital Management LimitedSaumya Construction Private LimitedCompany in which Directors are having significant influence. Ashima Capital Management Limited, wholly owned subsidiary of the Ashima Limited provides Portfolio Management Services to SCPL. The said related party has no other concern or interest.Any other transaction(a) sale, purchase or supply of any goods or materials; (b) selling or otherwise disposing of, or buying, property of any kind; (c) leasing of property of any kind; (d) availing or rendering of any services; (e) appointment of any agent for purchase or sale of goods, materials, services or property;800000002026-04-012029-03-31Approval is proposed to be taken separately for each financial year i.e. 2026-27, 2027-28 and 2028-29.Ordinary ResolutionRelated Party Transaction“RESOLVED THAT pursuant to the provisions of Section 188 and other applicable provisions, if any, of the Companies Act, 2013 read with Rule 15 of the Companies (Meetings of Board and its Powers) Rules, 2014, (including any statutory amendment(s) or re enactment(s) thereof, for the time being in force, if any), and in terms of Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended from time to time, and in supersession of the earlier approval of the Members granted at the Annual General Meeting held on August 7, 2025, authorising related party transactions with Saumya Construction Private Limited up to an aggregate value of ₹3,00,00,000/- (Rupees Three Crore Only) per year, the consent of the Members of the Company be and is hereby accorded to the Board of Directors of the Company (the “Board”, which term shall be deemed to include any duly authorized Committee constituted /empowered by the Board, from time to time, to exercise its powers conferred by this resolution), for entering into and / or carrying out and / or continuing with existing contracts / arrangements / transactions or modification(s) of earlier arrangements / transactions or as fresh and independent transaction(s) or otherwise, whether undertaken directly between the Company and Saumya Construction Private Limited or through any intermediaries or other entities, and whether individually or in a series of transactions, with Saumya Construction Private Limited, a related party of the Company, up to an aggregate value not exceeding Rs.5,00,00,000/- (Rupees Five Crore only) per year for the financial years 2026-27, 2027-28 and 2028-29 as detailed in the explanatory statement annexed to this Notice, notwithstanding the fact that the aggregate value of all these transaction(s) may exceed the prescribed thresholds as per provisions of the SEBI Listing Regulations as applicable from time to time, provided, however, that the said contract(s)/arrangement(s)/ transaction(s) shall be carried out on an arm’s length basis and in the ordinary course of business of the Company. RESOLVED FURTHER THAT the Board of Directors of the Company (including its Committee thereof) and Chief Financial Officer and Company Secretary be and are hereby severally authorized to do all acts and take all such steps as may be considered necessary, proper or expedient to give effect to this resolution.”Ordinary ResolutionRelated Party Transaction“RESOLVED THAT pursuant to the applicable provisions of the Companies Act, 2013, read with the rules framed thereunder (including any statutory amendment(s) or re-enactment(s) thereof, for the time being in force), and Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended from time to time, and in supersession of the earlier approval granted by the Members at a postal ballot dated 27th June, 2026of the Company authorising related party transactions up to an aggregate value of ₹6,50,00,000/- (Rupees Six Crore Fifty Lakh Only) per year, the consent of the Members of the Company be and is hereby accorded to the Board of Directors of the Company (the “Board”, which term shall be deemed to include any duly authorised Committee constituted or empowered by the Board, from time to time, to exercise its powers conferred by this resolution), for entering into and/or carrying out and/or continuing with existing contracts/arrangements/transactions, modifications of earlier arrangements/transactions, whether individually or in a series of transactions, whether undertaken directly between Ashima Capital Management Limited (“ACML”), a wholly owned subsidiary of the Company, and Saumya Construction Private Limited or through any intermediaries or other entities, up to an aggregate value not exceeding ₹ 8,00,00,000/- (Rupees Eight Crore Only) per year for each of the financial years 2026-27, 2027-28 and 2028-29, between ACML and Saumya Construction Private Limited, a related party, as detailed in the explanatory statement annexed to this Notice, notwithstanding that the aggregate value of such transactions may exceed the prescribed thresholds under the SEBI Listing Regulations,as applicable from time to time, provided, however, that the said contracts/arrangements/transactions shall be carried out on an arm’s length basis and in the ordinary course of business of ACML.” RESOLVED FURTHER THAT the Board of Directors of the Company (including its Committee thereof) and Chief Financial Officer and Company Secretary be and are hereby severally authorized to do all acts and take all such steps as may be considered necessary, proper or expedient to give effect to this resolution.”