Ashnisha Industries Ltd

This is to inform you that the Board of Directors of the Company in its meeting held today i.e. on Monday 8th May 2023 from 12:00 p.m. to 1:00 p.m. at the Registered Office of the Company inter alia has considered and approved the following business:1. The Standalone and Consolidated Audited Financial Results for the Quarter and Year ended March 31 2023. The statutory auditors have submitted an unmodified Audit Report on Audited Financial Results.2. Issue and allot equity shares of the Company as details mentioned below by way of private placement on a preferential issue basis in accordance with Companies Act 2013 and provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 and other applicable rules/regulations/guidelines if any subject to the approval of the shareholders of the Company.