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Ashiana Housing is principal business activity of the company is Real Estate Development.
Ashiana Housing has proposed a final dividend of ₹1.50 per share (₹15.07 Cr) and confirmed an interim dividend of ₹1.00 per share (₹10.05 Cr). The company has also proposed increasing executive remuneration, including higher salaries for the Managing Director and Joint Managing Director, alongside leadership re-appointments.
Ashiana Housing incurred a ₹3,99,000 (0.04 Cr) penalty from Rajasthan RERA for delayed submission of project completion certificates. The company paid the fine, stating no significant financial or operational impact beyond this cost.
Ashiana Housing faces a ₹3.45 Cr GST demand from Tamil Nadu for FY25, including interest and penalty. The company will contest the order, noting no significant financial or operational impact is expected.
Ashiana Housing reported robust August operations: 1.67 lakh sq. ft. booked, valued at ₹165.93 Cr. YTD performance reached 11.30 lakh sq. ft. with a booking value of ₹1,025.34 Cr, signaling strong sales momentum.
Ashiana Housing made a **3 Cr** payment for partial NCD redemption, interest, and premium. This reduces their outstanding NCDs (Series 8%AHL2041, initial **97 Cr**) to **60.81 Cr**, showing proactive debt management.