This is to inform you that the Board of Directors of Ashima Limited ('the Company' or 'Transferee Company') at its meeting held today i.e. 19th October, 2019, inter alia, approved the Scheme of Amalgamation and Arrangement of Ashima Dyecot Private Limited ('Transferor Company') with Ashima Limited, pursuant to Sections 230 - 232 read with Section 66 and other applicable provisions, if any, of the Companies Act, 2013 and the rules framed thereunder. Disclosure under Regulation 30(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is with reference to our intimation dated 19th October, 2019, informing about the decisions of the Board of the Company approving the Scheme of Amalgamation and Arrangement of Ashima Dyecot Private Limited ('ADPL' or 'Transferor Company') with Ashima Limited ('Company' or 'Transferee Company') and their respective shareholders and creditors ('Scheme'). In this regard, we would like to inform you that the NCLT vide its Order dated 30th January, 2020 ('Order') has directed the Company to convene the Meeting of its Equity Shareholders, Preference Shareholders, Secured Creditors and Unsecured Creditors to consider and approve the said Scheme on Wednesday, the 11th day of March, 2020. kindly take the above information on record. Certificate issued by SEBI registered merchant banker, Kunvarji Finstock Private Limited, on adequacy and accuracy of disclosure of information in the abridged prospectus pertaining to Ashima Dyecot Private Limited-Transferor Company (unlisted entity) pursuant to SEBI Circular No. CFD/DIL3/CIR/2017/21 dated March 10, 2017. kindly take the above information on record. (As Per BSE Announcement Dated on 05/02/2020) Please find enclosed herewith copy of the advertisement published in Sandesh, (in Gujarati), Gujarat Samachar, (in Gujarati) and The Indian Express (in English) on 8th February,2020 in connection with the NCLT Convened Meetings of Equity Shareholders, Preference Shareholders, Secured Creditors and Unsecured Creditors to be held on 11th March,2020 to consider and approve the proposed Scheme of Amalgamation and Arrangement. (As Per BSE Announcement dated on 08.02.2020) We would like to inform you that Hon'ble National Company Law Tribunal, Ahmedabad Bench ('NCLT') has by pronouncement made on 22nd July, 2020, sanctioned the Scheme of Amalgamation and Arrangement between Ashima Dyecot Private Limited ('Transferor Company') and Ashima Limited ('Transferee Company') and their respective shareholders and creditors pursuant to the provisions of Section 230-232 and other applicable provisions of the Companies Act, 2013 and rules made there under ('The Scheme'). A copy of the Order of the NCLT sanctioning the Scheme ('Order'), as uploaded on the website of NCLT, is enclosed herewith for your records. You are requested to take the same on your record. (As Per BSE Announcement Dated on 24.07.2020) Intimation under Regulation 30 (7) of SEBI (Listing Regulations), 2015 for Effective date of Scheme of Arrangement in nature of Amalgamation of Ashima Dyecot Pvt. Ltd with the Company w.e.f 29.07.2020. (AS Per BSE Announcement Dated on 29.07.2020) We hereby inform you that the Board of Directors of the Company at its meeting held today i.e. 30th July, 2020: (i) Approved the Audited Standalone and Consolidated Financial Results for the quarter and year both ended on 31st March, 2020. (ii) Approved the alteration in Authorised and Paid-up Share Capital on account of Scheme. (As per BSE Announcement Dated on 30/07/2020) We hereby inform you that the Board of Directors of the Company at its meeting held today i.e. 11th September, 2020 has approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended on 30th June, 2020 and took note on Limited Review Report for the said period and also approve allotment of 13,84,88,161 Equity shares of Rs. 10/- each to the shareholders of Ashima Dyecot Pvt. Ltd. pursuant to the Scheme of Amalgamation. The meeting of Board of Directors commenced at 11.37 a.m. and concluded at 11.52 a.m. (As Per BSE Announcement dated on 11.09.2020)