Ashiana Agro Industries Ltd Renews Loan Facility and Addresses Director Declarations
Ashiana Agro Industries Ltd held its Board of Directors meeting on April 22, 2026. During the meeting, the Board made key decisions concerning director compliance and the refinancing of a facility advanced to a subsidiary.The Board considered the declaration in form DIR-8 and MBP-1 received from five directors for the Financial Year 2026-27. The directors whose declarations were addressed were Pavan Kumar Mati, V.Kodanda Ram, Kranthikumar C, Matli ShrutaKeerthi, and Vamsidhar Reddy M. The Board subsequently authorized Shri Matli Pavan Kumar, Managing Director, to take all necessary actions and keep the declarations in safe custody.
In a separate material decision, the Board also approved the renewal of a loan facility advanced to Diadem Enterprises Pvt. Ltd.
The key terms of the renewed loan are as follows:
| Parameter | Detail |
|---|---|
| Amount | Rs. 100.00 lakhs |
| Duration | One year |
| Repayment Status | Payable on demand |
| Interest Rate | 10% per annum |
The Board confirmed that no other decisions were made during the meeting.
Stock Price Movement
As of 15:30, Ashiana Agro Industries Ltd shares are ticking up, trading at ₹9.85, which marks a significant gain of 4.90% for the session. Despite the daily move, the stock is currently locked, as its intraday high and low remain precisely at the ₹9.85 level.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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