Interim report
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3 ashiana you are in safe hands Date : 11th August 2026 To The Secretary BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street , Mumbai - 400 001 Security Code No .: 523716 Το The Secretary National Stock Exchange of India Ltd. Exchange Plaza , Plot no . C / 1 , G Block Bandra - Kurla Complex , Bandra ( E ) Mumbai 400 051 - NSE Symbol : ASHIANA Sub : Outcome of the Board Meeting Ref : Regulation 30 , 33 , 52 , 54 and other applicable provisions of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 ( “ SEBI Listing Regulations ” ) This is to inform you that the Board of Directors of the Company in its meeting held today , apart from transacting other routine items , has taken decision on the following : 1. Considered , discussed , and approved the unaudited financial results , both standalone and consolidated , along with Limited Review Report and other annexures for the quarter ended on 30th June 2026. The unaudited financial results will be published in the newspapers as per Regulation 47 of the SEBI Listing Regulations and be uploaded on the website of the company at www.ashianahousing.com as per applicable regulations of the SEBI Listing Regulations . 2. Re - appointed Mr. Krishna Suraj Moraje ( DIN : 08594844 ) as Independent Director of the Company for a term of five years , subject to the approval of shareholders in the ensuing Annual General Meeting ( AGM ) . There is no change in the constitution of the statutory committees of the Board of Directors pursuant to the re - appointment of Mr. Krishna Suraj Moraje 3. Considered , discussed and approved the issue of Unsecured Non- Convertible Debentures / Bonds on Private Placement basis up to INR 50 crores . 4. Considered , discussed and approved increase in the remuneration of Mr. Vishal Gupta -Managing Director ( DIN : 00097939 ) , Mr. Ankur Gupta -Joint Managing Director ( DIN : 00059884 ) , and Mr. Varun Gupta - Whole Time Director ( DIN : 01666653 ) subject to approval of shareholders in the ensuing Annual General Meeting ( AGM ) . The Board Meeting commenced at 10:30 A.M. and concluded at P.M. Ashiana Housing Ltd. 304 , Southern Park , Saket District Centre , Saket , New Delhi - 110 017 CIN : L70109WB1986PLC040864 - Regd . Office : 5F Everest , 46 / C Chowringhee Road , Kolkata – 700 071 011-42654265 , Email : investorrelations@ashianahousing.com , Website : www.ashianahousing.com
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Ashiana Housing Ltd. 304, Southern Park, Saket District Centre, Saket, New Delhi – 110 017 CIN: L70109WB1986PLC040864 Regd. Office: 5F Everest, 46/C Chowringhee Road, Kolkata – 700 071 011-42654265, Email: investorrelations@ashianahousing.com,Website: www.ashianahousing.com This disclosure is made in compliance with the regulation 30 read with regulation 33, 51 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 , and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated as on 30th January 2026. Thanking you, For Ashiana Housing Ltd. Nitin Sharma (Company Secretary & Compliance Officer) Mem No: ACS 21191
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A oshiona you are in safe hands Date: 11 August 2026 To To The Secretary The Secretary BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Plot no. C/1, G Block Dalal Street, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 LSecurity Code No.: 523716 NSE Symbol: ASHIANA Sub.: Financial Results (Standalone and Consolidated) along with Limited Review Report under Regulation 33(3) and 52(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended 30* June 2026 Dear Sir, Please find enclosed herewith the Un-Audited Financial Results (Standalone and Consolidated), along with Limited Review Report (LRR) on them, for the quarter ended on 30% June 2026. Following are also given herewith for the quarter ended on 30® June 2026: 1. Security Cover Certificate under Regulation 54(3) of the SEBI (LODR) Regulations, 2015. 2. Statement of deviation(s)/variation(s) under Regulation 32 of SEBI (LODR), 2015. 3. Statement of utilization of issue proceeds from the issue of Non-Convertible Debentures and a statement showing material deviation (if any) in the use of proceeds from the issue of Non- Convertible Debentures, under Regulation 52(7) & 52(7A), respectively, of the SEBI (LODR) Regulations 2015. 4. A declaration on Outstanding Default (if any) on Loans and Debt Securities. Kindly take the above on record. Thanking you, For Ashiana Housing Ltd. For ASHIANA HOUSING LTD. NITIN S!E.;;R‘MA Nitin St Company Secretary (Company Secretary & Compliance Officer) Membership No.21191 Ashiana Housing Limited 304, Southern Park, Saket District Centre, Saket, New Delhi 110 017 T:011 4265 4265, F: 011 4265 4200 E: sales@ashianahousing.com, W: ashianahousing.com Regd. Office: 5F Everest, 46,/ G Chowringhee Road, Kolkata, West Bengal - 700 071 CIN: L70109WB1986PLC040864
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B.Chhawchharia & Co. Chartered Accountants DTJ 524 - 525, DLF TOWER B, JASOLA DISTRICT CENTRE, JASOLA, NEW DELHI -110025, INDIA TELEFAX (91-11} 4037 8600 @ Web : www.bcco.co.in Independent Auditor’s Review Report on the Quarterly Unaudited Standalone Financial Results of the Company pursuant to the requirement of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended To the Board of Directors of M/s ASHIANA HOUSING LIMITED We have reviewed the accompanying statement of unaudited standalone financial results of M/s ASHIANA HOUSING LIMITED for the quarter ended June 30, 2026 being submitted by the Company pursuant to the requirement of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (IND AS 34) “Interim Financial Reporting”, specified under Section 133 of the Companies Act, 2013 as amended read with relevant rules issues thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, Review of interim Financial information performed by the Independent Auditors of the entity issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable Indian accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulations 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. For B. Chhawchharia & Co. Chartered Accountants Firm Registration No: 305123E uptn_ Abhishek Gupta Partner Membership No.: 529082 Place: New Delhi Date: 11" August, 2026 UDIN: 2 652.9082 QDKKK Y75717 KOLKATA | NEWDELHI | NAGPUR
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ASHIANA HOUSING LIMITED Regd. Off. : SF Everest, 46/C, Chowringhee Road, Kolkata - 700071 Head off. : 304, Southern Park, Saket District Centre, Saket, New Delhi - 110017 Telephone number : 011-42654265 Official email : investorrelations@ashianahousing.com Website : www.ashianahousing.com CIN : L70109WB1986PLC040864 you are UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED ON 30TH JUNE 2026 {INR in Lakhs except stated otherwise) i Standalone SI. No Particulars Quarter ended Quarter ended Quarter ended | Previous Year {Un-Audited) (Audited) {Un-Audited) (Audited) ' 30.06 2026 31.03.2026 30.06.2025 — 34.03.2026 4 jIncome from Operations : : : (a) Net sales/Income from operations 8,348 30,038 27,300 106,242 | : (b) Income from Partnership Firm 15. 10 68 = 10: | (se) Other income 4,106 | 1,241 915 4,706 : : Total income 9,469 31,259 28,284 © 410,958 | 2 -Expenses: ' (a) Project Expenses 16,288 21,278 14,567 73,440 (b) Purchases of land/development rights 23,543 11,601 5,428 45,485 ; {c) Change in inventories (36,125) (8,384) 2,277 {42,198}: {d} Employee benefits expense 1,326 1,703 1.486 : 6.564 | : (2) Depreciation and amortisation expenses 308 37 320 | 4,293 | » if) Finance Costs aT | 62 46 | 167 i | (g) Other Expenses 1,462 2,683 2,386 | 9,697 : i : | | Total Expenses 7,829 28,293 26,540 | 94,448 3 Profit) (Loss} before Exceptional items and Tax (1-2} 4,644 2,966 1774 16,510 4 ‘Exceptional items - ~ 5 Profit! (Loss} before Tax (3-4} 1,644 2,966 16,510 6 Tax expenses 334 793 4,149 i 7 ‘Net profit/ (Loss) for the Period (5-6) i 1,316 2.173 12,362 | E ; t t 3 Other comprehensive income/(Expense} 4 82 204 | (Net of Tax} : 9 ‘Non controling interest . - » 10 ‘Total Comprehensive Income (7+8-9} 4,354 2,256 1319 | 12,565 ae) ‘Paid-up equity share capital 2,010 2.010 2.010 Z,010 ! |(Face Value of Rs 2/- each) ' | : , 12 ‘Other Equity (excluding Revaiuation Reserves} 84,495 | | i | | 13.1 |Earaings per share (before extraordinary items) | : {of Rs 2/- each) (not anmuatised): : | (a} Basic 1.34 2.24 4.30: 42.50 | :{b} Diluted 1.34 2.24 1.38 12.80 | i i | 13.11 [Earnings per share (after extraordinary items) | : of Rs 2/- each} {not annualised): | {a} Basic 1.34 2.24 1.30 12.50 | {b) _ Diluted 1.34 2.24 1.30 ___ 12.80 For ASIAN Ashiana Housing Limited 304, Southern Park, Saket District Centre, Saket, New Delhi 110 017 T:011 4265 4265, F011 4265 4200 E: sales@ashianahousing.com, W: ashianahousing.com Regd. Office: SF Everest, 46/6 Chowringhee Road, Kolkata, West Bengal - 700 071 CIN: L701G9VWB1 S86PLC040864
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you are ian in safe hands Standalone : SL. No. Particulars Quarter ended Quarter ended Quarter ended ere (Un-Audited} {Audited} (Un-Audited) (Audited) 30.06.2026 31.03.2026 20.06.2025 | 31.03.2026 curity Cover available 4.41 3,52 43 3,92 15 [Debtequity ratio 0.33 0.35 0.34 6.35 46 ebt service coverage ratio 0.62 0.78 2.75 2.04 17 ‘Interest service coverage ratio 2.66 3.29 3.03 3.13 i : j 48 Current ratio 131 1.33 137 1.33 49 ‘Long term debt to working capital ratio 0,28 0.29 0.27 0.29 ! | 20 |Bad debts to accounts receivable ratio - - ' 21 |Current Liability ratio 0.92 0.91 0.30 | 0.91 ; 22 [Total debts to total assets ratio 0.07 0.07 0.07 0.07 ! ; 23 [Debtors turnover ratio - - 24 [inventory Turnover ratio 0.02 0.31, 0.40 / 0.34 : 25 |Operating margin (%) 27.77% 13.63% 937% 21.86%: | 26 Net profit margin (%) 13.83% 6.95% 4.51% 44.14% 27 (Net Worth 87 861 86,510 77,776 86,510 Ashiana Housing Limited 204, Southern Park, Saket District Centre, Saket, New Dethi 110 017 T: 011 4265 42865, F:011 42685 4200 E: sales@ashianahousing.com, W: ashianahousing.com Regd. Office: SF Everest, 46/C Chowringhee Road, Kolkata, West Bengal - 700 071 CIN: L701 OSWB1SB6PLCO40864
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B.Chhawchharia & Co. Chartered Accountants DTJ 524 - 525, DLF TOWER B, JASOLA DISTRICT CENTRE, JASOLA, NEW DELHI -110025, INDIA TELEFAX (91-11} 4037 8600 @ Web : www.bcco.co.in Independent Auditor’s Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company pursuant to the requirement of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended Review Report to The Board of Directors M/s ASHIANA HOUSING LIMITED 1. We have reviewed the accompanying statement of unaudited consolidated financial results of M/s ASHIANA HOUSING LIMITED(‘the Holding Company”) and its subsidiaries (the Holding Company and its subsidiaries together referred to as “the Group”) and its share of the net profit/(Loss) after tax of its jointly controlled entities for the quarter ended June 30, 2026 being submitted by the Holding Company pursuant to the requirement of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This statement is the responsibility of the Holding Company’s Management and has been approved by the holding company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (IND AS 34) “Interim Financial Reporting”, specified under Section 133 of the Companies Act, 2013 as amended read with relevant rules issues thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on these financial statements based on our review. 3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, Review of interim Financial information performed by the Independent Auditors of the entity issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. We also performed procedures in accordance with the SEBI Circular No. CIR/CFD/CMD/44/2019 dated 29th March, 2019 issued by the SEBI under regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, to the extent applicable. KOLKATA | NEWDELHI | NAGPUR
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5. The Statement includes the results of following entities: Subsidiaries: i. Topwell Projects Consultants Limited ii. Latest Developers Advisory Limited iii. Ashiana Maintenance Services LLP iv. Ashiana Amar Developers v. Nitya Care Homes Private Limited Jointly Controlled Entities: i. Kairav Developers Limited ii. Ashiana Greenwood Developers iii. Vista Housing iv. Megha Colonizers v. Ashiana Manglam Builders 6. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable Indian accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulations 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. For B. Chhawchharia & Co. Chartered Accountants Firm Registration No: 305123E Ape Abhishek Gupta Partner Membership No.: 529082 Place: New Delhi Date:11" August, 2026 UDIN: 26529082 WYX@MBK324UL
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® asnians you are in safe hands ASHIANA HOUSING LIMITED Regd. Off. : 5F Everest, 46/C, Chowringhee Road, Kolkata - 760071 Head off, : 304, Southern Park, Saket District Centre, Saket, New Delhi - 110017 Telephone number ; 041-42684265 Official email : investorrelations@ashianahousing.com Website : www.ashianahousing.com CIN : L70109WB1986PLC040864 UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED ON 30TH JUNE 2026 CNR in Lakhs except stated otherwise) a ce Consolidated SI. No Particulars Quarter ended Quarter snded Quarter ended Previows year i i vt Audi j Audi i Abn Audited) L {Audited} (Un-Audited) (Audited) ‘ | 31.03.2026 30.08.2025 37,03.2026 1 ‘income from Operations : {a} Net sales/Income from operations 10,745 32,285 29,281 414,328 (b) Income from Partnership Firm (1) (4) (5) (27) (c}) Other income 4,231 | 1,237 995 | 4,442 Total income 11,976 | 33,518 30,272 = 418,743 2 |Expenses: {a) Project Expenses 17,846 22,7463 15,857 78,784 (b) Purchases of land/development rights 23,543 441,604 5,428 45,485 | {c) Ghange in inventories {35,125} (9,351) 2,277 (42,198) (d) Employee benefits expense 2,018 2,372 2,084 9,073 | (e) Depreciation and amortisation expenses 328 327 329 1.934 | {f)} | Finance Costs 27 62 46 167: (g) Other Expenses 4,609 2,894 2,450 40,205 Total Expenses 10,346 30,648 28,467 : 102,848 3) (Profit! (Loss) before Cxceptional itemo and Tax (1 2) 1,630 2,870 4,805 15,806 4 (Exceptional items 5 Profit’ (Loss) before Tax (3-4) 1,630 2,870 4,805 | 15,896 6 (Tax expenses 320 773 532 4,106. ' 7 iNet profit/ (Loss) for the Period (5-6) 1,311 2,098 1.272 11,789 = 8 Other comprehensive income/{Expense) 54 113 54 | 267 {Net of Tax} ! i 9 ‘Non controlling interest : 410 ‘Total Comprehensive Income (7+8-9)} 1,365 2,210 4,327 12,086 | 41 ‘Paid-up equity share capitai 2010 2010 2,010 : 2,010 i {Face Value of Rs 2/- each} : i i : : | 12 (Other Equity (excluding Revaluation Reserves) j . 83,936 | | 13.1 [Earnings per share (before extraordinary items} ‘ | {of Rs 2/- each} (not annualised): i ; {a) Basic 1,36 2.20 VO4 11.98 | i {b) Diluted 1.36 2.20 1.34. 14.98 | i y : 434i |Earnings per share (after extraordinary items) : : {of Rs 2/- each} {not annualised): i : {a) Basic 1.36 2.20 1.31. 11.99 : eae un cen oa oh 1,38 2.20 434 88 Boe ASMIAKA | Pelncs LEIAAITES For AGHIANA HOUSING LIMITED (Ay AIC ee TA ? fa 3 e ladaging Di bee seek ee 7 Ashiana Housing Limited 304, Southern Park, Saket District Centre, Saket, New Delhi 710 047 T: 011 4265 4265, F:011 4265 4200 £: sales@ashianahousing.com, VW: ashianahousing.com Regd. Office: SF Everest, 48/0 Chowringhee Road, Kolkata, West Bengal - 700 071 CIN: L701 OSWB1S86PLC040864
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ashi ® 1S you are in safe hands Consolidated | Previous Year © Sho. Particular Serer sncae | Some’ | eterancay ene | 30.06.2026 31,03,2026 30,06,.2025 31,03.2026 14 iSecurity Cover available 4.31 4.11 4.52. 4.14 15 |Debt-equity ratio 0.33 0.36 0.31) 0.38 16 ‘Debt service coverage ratio 0.62 0.76 2.78 / 1.99 17 interest service coverage ratio 2.65 3.22 3.06 | 3.05 18 :Current ratio 4.34 1.33 1.37 4.33 | 19 [Long term debt to working capital ratio 0.27 0.28 0.27 0.28 20 (Bad debts to accounts receivable ratio | | 21 Current Liability ratio 0.91 6.90 0.88 0.90 22 Total debts to total assets ratio 0.06 0.07 0.07 | 0.07 23 ‘Debtors turnover ratio ~ - - - 24 Inventory Turnover ratio 0.02 0.33 0.10 O33. Operating margin (%) 24.87% 42.42% 8.85%, 49.91% Net profit margin (%} 10.94% 6.26% 4.20%) 9.99% | Net Worth 87,312 85,947 T7749 | 85.047 | Ashiana Housing Limited 304, Southern Park, Saket District Centre, Saket, New Delhi 110 017 T:011 4265 4265, F011 4265 4200 E: sales@ashianahousing.com, W: ashianshousing.com Regd. Office: SF Everest, 46/0 Chowringhee Road, Kolkata, West Bengal- 700 071 CIN: L704 O98 1 S86PLC040864
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STATEMENT OF ASSETS & LIABILITIES ® ashiane you are in safe hands Ashiana Housing Limited 304, Southern Park, Saket District Centre, Saket, New Delhi 110 017 T: 011 4265 4265, F011 4265 4200 E: sales@ashianahousing.com, VV: ashianahousing.com Regd. Office: SF Everest, 46/C Chowringhee Road, Kalkata, West Bengal - 700 071 CIN: L701 O81 S86PLC040864 a lps cee ening negra In Latch} : Standalone dated PARTICULARS 1 AS On As on - AS on oes we 30.06.2026 34,03.2026 30.06.2026 31,03.2026 Audited | Audited "| Un-Audited “Audited A ASSETS j 1 Non-current assets : a Property, plant and equipment 7,262 7.387 5 8.267 8.391 b Capital work-in-progress : 23 © Investment property 2,651 2,644 | 2,654 2644 3 Goodwill e Other intangible assets 8 | 9. 3 @ intangible Assets under Development i : f Lsased Assets 2,21 2,053 2,214 gq Financial assets (} Investment in subsidiaries 1,39 : (i investments others | 3,797 3,723 (aij Trade Receivables : (iv) Other financial assets } 3.194 4,214 3,376 h Deferred tax Assets (Net) a ABE: 280 A . AB 872 | 48.278 | 20.632 2 Current assets : : : a_ Inventories 305,923 | 270,093 | 305.967 270.139 > Financial assets : : (} investment in subsidiaries / joint vantures 4,577 ; 1,720 5 4,576 § 1.718 {i} investments others 20,348 | 23,180 ! 20,348 23.150 (ii) Trade receivables 2,324 | 2,454 | 4,336 | 4.271 {iv} Cash and cash equivalents 23,199 27,844 | 27 865 32.548 (v) Other Bank Balance 34,821 | 29,960 | 31,821 29.960 (vi) Loans $12 | S12. 502 562 (vii) Other financial assets 2.297 4,287 | 2,439 4,397 c Current tax assets (Net) 3.583 2,702 | 3,626 2739 d Other current assets : i) Trade advance and deposits 13,962 : 42.854 | 14,232 43.444 (i) EWS/LIG units 4,004 4.466 | 4,004 4 465 (ii) Others 21 838 ___ 20.838 P1838... 20.838 : 434,376 | 438.850 _ 407.838 _ - TOTAL -ASSETS 448840 417.521 456.925 428,371 8 EQUITY AND LIABILITIES ' i Equity : : @ Equity Share capital } 2.010 : 2,010 2,016 2.010 b Other Equity : 85,850 | 84,500 85.301 83.936 © Non Controlling Interest bee edee ete ene ep een L B7BE 8610 87.812 88 947 2 Liabilities A Non-current llabilities @ Financial Habilities (i) Borrowings 25.787 26,366 25,787 26,366 (i) Trade payables - Dues of micro anterprises and small enterprises - Dues of creditors other than micro enterprises and small enterprises {iii} Lease Liabilities 957 4.135 (iv) Other financial liabilities 4.444 4,387 b Provisions 4,540 1.515 & Deferred tax habiliies (Net) d Other non-current diabilites A 8?G 2 1 88S 348 35.259 B Current labilities a Financial liabilities () Borrowings 4,158 3.244 ° 4.156 (i} Lease Liabilities 676 | 654 675 684 ai} Trade Payable i ~ Dues of micro enterprises and srnail enterprises 4,830 : 2,847 2,204 - 2.470 - Dues of creditors other than micro enterprises and small enterprises 3.959 : 4737 $340 § O16 {iv} Other financial liabilities 5,660 | 5.465 6.540 8.333 b Other Current liabilities i (i) Advance From Customers 313,076 | 282 509 314.149 283,708 (i) Cther | 1223 | 3,683 2937 c Provisions oer ABB. a, een ABE 188 d Current Tax Liabilities (Net) i 329.764 5 335.018 307,164 f TOTAL - EQUITY AND LIABILITIES: 445.840: 447,524 486,925 428.374 For ASHIANA HOUSING LIMITED PAS Me Bas once ARKYE GUPTA
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® Sshianes you are in safe hands Notes on Accounts: 1 - oo - . The above unaudited financial results are published in accordance with Regulations 23 and Regulation 52 of ine SEB! (Listing Obligations & Disclosure Requirements) Regulations, 2015, and have been reviewed by the Audit Committee in its meeting held on 40th August 2026 and approved by tha Board of Directors at their meeting held on (11h August, 2026. These financial results are in accordance with the Indian Accounting Standards (IND AS) as prescribed under Section 133 of the Companies Act 2013, read with rule 3 of the Companies (Indian Accounting Standards} Rules, 2015 and Companies (Indian Accounting Standards) (Amendment Rulés), 2016. 2 Method of accounting for recognition of revenue in respect of Real Estate Projects is: in accordance with the principles of Ind AS 115, revenue in respect of real estate project is recognised on satisfaction of Performance Obligation at a point in time by bansterring a promised good or services {Le an asset) to a customer and the customer obtains controt of that asset. The satisfaction of performance obligation and the contral thereof is vansierred from the company to the buyer upon possessicn or upon issuance of letler for offer of possession (‘deemed date of possession’), whichever is eartier, subject to ceriainty of realisation 3. The consolidated financial results includes financial results of following subsidiaries, associates and joint ventures. Seubsiaiaries: 4 Ashiana Maintenance Services LLP 2 Latest Developers Advisory Ltd 2 Topwell Projects Consultants Lic. 4 Ashiana Amar Developers 5 Nitya Care Homes (2) Limited Associates and Joint Ventures” + Ashiana Greenwood Developers (Partne: snip Firm) 2 Megha Colonizers «Partnership Fire 3 Ashiana Manclam Builders (Partnership Firm) 4 Vista Housing (Partnership Firm) & Kalray Developers Limited (Joint Venture} 4 SEGMENT INFORMATION A, Basis of Segmentation Factors used to idantify Ina enhty’s reportable segments, including the basis of organisation for management purposes. The Company has only ane reportable segments nainely “development of real estate property". The Board of Directors of the Company acts as the Chief Operating Decor Maker (‘CODM’), The CODM evaluates the Company's performance and allocates resources based on an analysis of various performance indicators. B. Geographical information Tne geographic information analyses the Company's revenue end Nor-Current Assets by the Company's country of domicile and other countnes. As the Company is engeged ir develapment of real estate property in India, :t has only one feportable geographical segment Therefore. the segmer. revenue, seginen! resuits, segment assets, segment tisbiilles, (ota! cost icurrea to acquire segmani assets, depreciation charge are all 2s Is reflected in ihe financial stakemens. & Extont and nature of security creatud (For Non-Convertible Debentures - NCO unser Series No, AHL 9.95% +44005-29 PYT} The NCOs issued under series no. AdL ¢.95%-14-5-29-PVT are secured as under: i) by way of morgage cn unsold units of project ‘Ashlana Town! and ‘Asniara Advik Phase 1 & 2° bath projects focated at Shuwad: (Rajasthan) and : . : il) by way oF hypothecatiun of cash flows/receivabies trom projecis namely ‘Astiana Town’, ‘Astiznea Advik- Phase 1 and 2 both located at Browadi (Rajasthan), project ‘Ashiane Anmo! Phase 2 and 3' located at Sohna Read. Gurugram, (Haryaria), and project ONEdd Phase 7 anc 2 located ar Jaipur (Ralasthan’ 6 Outsianding reacemabie prefcrente shares (quantity and value}: The Company has aot issued any preference shares 7 Capital Redemption Rescrve/Debenture Redemption Reserve : The reguifement for creating Debenture Redemption Reserve ts not applicable on the company as par MCA notfication number G.S R. $74 {E) dated iGih August 2019. Further, maintenance. of Capital Redmption Reserve is not applicable on the company for the quarter ended 30th June, 2026 € All te proceeds of Non-Convertible Debentures and Equity Shares have seen fully utilised for the object stated in the offer decuments and there is nn deviation in use of issue proceeds thereof as per Regulation 32{1), Regulation 52(7) and Reguiation §2(7A) of tha SEBI (Listing bligations and Disclosure Requirements) Regulations, 2015, respectively. Further, ‘NIL’ Statement of Deviaton of Variation and Utlisetion: of issue proceeds in the format prescribed under the said Regulations are altached with these Financial Resulis, , 5 The company issued and alldtted 4,325 (Four Thousand Three Hundred Twrely-Five) Non-Convertibia Genamures (NCOs) at nominal value of INR, 4,00,000/- (indian Rupees One Lakh) each agoregating ic INR, 45,25,60,000 (indian Rupees Forty-Three Crores Twenty-Five Lakhs) on @ private placement basis, on 24th Apri: 2028. NCOs were issued with respect to a new Senior Living Project at Vadgaon (Pune} 40 Figures for the quarter ended 31st March 2026 are the balancing figures between audited figures in rescect of the full financial year and the publishnec figures upto the third quaner of the said financial year Le. FY 2025-26. ‘ 44 The number of investors complaints received during the quarter ended 30th June 2026 were 69 {including 42 complaints pending for resouon al the beginning of tie quartes) out of which 52 complaints have been cisz0%ed of and 19 compalints were pending for reschution ef the enc of the June 2026 quarter, all af whiert fave been ‘esolved 2s on Cate, 42 The Board of Directury of the company in. thelr meeting heid on 27th May 2028 Lad recommended a fia dividerd of INR. 1.56 pet equiy share ie 78% on face velue of IN. 2/- per share for the financial year ended Sist March 2026. This dividend will be distributed post approval of ine sharehoiders of the company in thelr upcorning annual general meeting te ae heid ‘nh September 2025 menin. 42 During the quarter ended an 30th June 2026, the company reaeemed principal amount of INR 31.25 crores cut of INR 125 crores of Non Convertible Debentures (Secured, Rated, Listed. Redeemable NCOs bearing ISIN INEGSSD07086) allotleed to ITICt Prudential Reguiac Savings Fund. and te ICICi Prudentia! Cracit Risk Fund in May 2026 44 Figures for the previous penods have been regrouped and rearranged wherover necessary. 4 on ‘The Statutory auditers nave expressed an unmodified opnion on the above financial resuils. Place:Delhi For ASMA AnddiaNd Sis Bate : tith August 2026 Gb Lied ED fy , 7 Jey qi wt : Ashiana Housing Limited __. 304, Southern Park, Saket District Centre, , Saket, New Delhi 110 017 .T:011 4265 4265, F011 4265 4200 E: sales@ashianahousing.com, VW: ashianahousing.com . Regd. Office: SF Everest, 46/C Chowringhee Road, Kolkata, West Bengal - 700 074 CIN: L701 0SWB1S8GPLC040864
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B.Chhawchharia & Co. | Chartered Accountants DTJ 524 - 525, DLF TOWER B, JASOLA DISTRICT CENTRE, JASOLA, NEW DELHI -110025, INDIA TELEFAX (91-11) 4037 8600 @ Web : www.bcco.co.in Independent Auditor's Certificate on the Statement of maintenance of security cover, compliance with all Covenants in respect of Non-Convertible Debentures as at 30 June 2026. 1. This Certificate is issued in accordance with the terms of our engagement letter with Ashiana Housing Limited (the “company’) and pursuant to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI circular: SEBI/ HO/ MIRSD/ MIRSD_CRADT/ CIR/P/2022/67 dated 19 May 2022 (Collectively referred to as " Regulations"). 2. We, M/s. B. Chhawchharia & Co., Statutory Auditors of the company, have been requested by the Company to examine the accompanying Statement on book value of assets for Non-convertible debentures as at June 30, 2026 (hereinafter the "Statement") which has been prepared by the Company from the unaudited standalone financial results and other relevant records and documents maintained by the Company as at and for the quarter ended June 30, 2026 pursuant to the requirements of the SEBI regulations. This Report is required by the Company for the purpose of submission with Vistara ITCL (India) Ltd (hereinafter the "Debenture Trustee(s)') of the Company to ensure compliance with the SEBI Regulations in respect of its Non-convertible debentures (NCDs), as detailed in annexure I, ageregating to Rs. 287.50 Crores as at June 30, 2026 (‘Debentures’). Management's Responsibility 3. The compliance with the Regulations & other applicable circular the terms & covenants of the other debt and calculation of security cover as given in the attached Statement is the responsibility of the company's management. This responsibility includes the design, implementation, and maintenance of internal controls relevant to the preparation and presentation of the Statement. The management is also responsible for ensuring that the company complies with the requirements, including those given in the Regulations and provides all relevant information to SEBI. 4, The Management of the Company is responsible for ensuring that the Company complies with all the relevant requirements of the SEBI Master Circular including providing all relevant information to the Debenture Trustee(s) and for complying with all the covenants and submission of compliance status with respect to financial covenants of the listed debt securities to debenture Trustees. Auditor's Responsibility 5. Our responsibility for the purpose of this certificate is to express limited assurance as to whether anything has come to our attention that causes us to believe that the book values as considered in the Statement, in relation to the computation of Security cover, have not been accurately extracted from the unaudited standalone financial information as at and for the period ended 30" June, 2026 or that the computation thereof is arithmetically inaccurate. 6. The procedures performed in a limited assurance engagement vary in nature and timing from, and are less in extent than for, a reasonable assurance engagement; and consequently, the level of | NEWDELHI | NAGPUR
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assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had a reasonable assurance engagement been performed. The procedures selected depend on the auditor's judgment, including the assessment of the areas where a material misstatement of the subject matter information is likely to arise. 7. For the purpose of our examination, we have relied on the representation received from the management for completeness of information and records provided to us and carried out following procedures: . a) Obtained the unaudited standalone financial information of the company as at and for the period ended 30 June 2026. b) Traced the amounts in the Statement, in relation to the computation of Security cover, to the unaudited standalone financial information of the company as at and for the period ended 30 June 2026. c) Ensured arithmetical accuracy of the computation of security cover in the Statement and financial covenants in the accompanying statement; d) the management has represented and confirmed that the Company has complied with all the other covenants, including financial covenants as prescribed in the Debenture Trust Deed, as at June 30, 2026. We have relied on the same and not performed any independent procedures in this regard. e) Obtained necessary representations from the management. 8. We have carried out our verification in accordance with the 'Guidance Note on Reports or Certificates for Special Purposes (Revised 2016)' issued by the Institute of Chartered Accountants of India (CAD) in so far as applicable for the purpose of this Certificate. This Guidance Note requires that we comply with the ethical requirements of the Code of Ethics issued by the ICAI. 9 We have complied with the relevant applicable requirements of the Standard on Quality Control (SQC) 1, Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information, and Other Assurance and Related Services Engagements issued by the ICAI. Conclusion 10. Based on our examination and the procedures performed as per paragraph 7 above, evidences obtained, and the information and explanations given to us, along with the representations provided by the management, in our opinion; a) The company has maintained security cover as per the terms of Debenture Trust Deed; b) The Company has complied with all the covenants as mentioned in the Debenture Trust Deed and stated in the Statement to this report as at June 30, 2026; and c) Book values of assets as included in the Statement are in agreement with the books of account underlying the Board approved unaudited standalone financial statements of the Company as at June 30,2026
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Restriction on Use 11. Our work was performed solely to assist you in meeting your responsibilities in relation to your compliance with the SEBI requirements. Our obligations in respect of this certificate are entirely separate from, and our responsibility and liability are in no way changed by, any other role we may have as statutory auditors of the company or otherwise. Nothing in this certificate, nor anything said or done in the course of or in connection with the services that are the subject of this certificate, will extend any duty of care in connection with the statutory audit and other attest function carried out by us in our capacity as statutory auditors of the company. 12. This certificate is addressed to the Board of Directors and provided to the Company solely for submission to the Vistara ITCL (India) Ltd, pursuant to the requirements as mentioned in paragraph 2 above and should not be used, referred to or distributed for any other purpose or to any other person without our prior written consent. Accordingly, we do not accept or assume any liability or any duty of care for any other purpose or to any other person to whom this certificate is shown or into whose hands it may come without our prior consent in writing. For B. CHHAWCHHARIA & CO. Chartered Accountant Firm Registration No: 305123E Co Abhishek Gupta Partner Membership No. 529082 Date:11" August, 2026 Place: New Delhi UDIN: ZES2ZIOBUNYYLIR 6527)
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Annexure A: Details of Non Convertible Debentures Outstanding as on June 30, 2026 Based on examination of books of accounts and other relevant records/documents, we hereby certify that: The Company, vide its Board Resolution and information memorandum/ offer document and under various Debenture Trust Deeds, has issued the following listed debt securities outstanding as at June 30, 2026: ISIN Private Secured/Unsecured Sanctioned Outstanding as Placement/Public Amount on 30% June Issue (Rs. in Crores) 2026 (Rs. in Crores) INE365D08026 Private Placement Unsecured 97.00 61.70 INE365D08034 Private Placement Unsecured 26.40 26.40 INE365D08067 Private Placement Unsecured 5.60 5.60 INE365D07085 Private Placement Secured 125.00 93.75 INE365D08075 Private Placement Unsecured 100.00 56.80 INE365D08083 Private Placement Unsecured 43,25 43.25 Total 397.25 287.50
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of asset for this certificate Particulars Plant and Equipment Funds pledged LAS(Loan units of Project Phase 4 & 5 for Receivables for Ph- Ph-3, Advik Ph- 1, Advik Ph-2 and Town Project, 44 additiona} as collateral for Prudential NCD of rade Receivables and Dwarka & Cash Equivatents and HDFC Escrow are uncer for ICICI NCD Balances other than Cash & Cash for which this is being Charge certificate being issued Charge assets on which Is parl-passu charge holder Items covered debt column F) which this is & other with par! charge) pari-passu Not Applicable not offered as in amount more onee (due exclusive plus passu 93,00,44,178 22,67,94,993 K to only those items covered by this certificate value for assets charged on value basis exclusive charge where market is not or {For eg. Balance, DSRA Is not 99, 13,641,605 30,57,96,91,807 23,39,37,628 pari passu for parl- passu charge where value not applicable eg. Bank DSRA value not
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debt sharing pari-passu charge with Nat Applicable Not Applicable Pari-passu Notes: iThis column shall include book value of assets having exclusive charge and outstanding book vatue of debt fos which this certificate is issued. ii This column shall include book value of assets having exclusive charge and outstanding book value of all corresponding debt other than column C. } ili This coluran shalt include debt for which this certificate is issued having any pari passu charge - Mention Yes, else No. : iv This column shall include a) book value of assets having pazi-passu charge b) outstanding book value of debt for which this certificate is issued and c). Other debt sharing pari- passu charge atong with debt fer which certificate és issued. v This column shail include book value of all other assets having pari passu charge and autstanding book value of corresponding debt. vi This column shail include all those assets which are not charged and sisall include alt unsecured borrowings including subordinated debt and shall include enly those assets which are paid-for. order to match the liability amount with financials, it is necessary to eliminate the debt which has been counted more than once (included under exclusive charge column as also under pari passu). On the assets side, there shail aot be elimination as there is no overlap. viii Assets which are considered at Market Value like Land, Building, Residential/ Commercial Real Estate to be stated at Market Value. Other assets having charge to be stated at book value/Carrying Value. ix The market value shail be calculated as per the total value of assets mentioned in Column Q.
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Date: 11th August 2026 STATEMENT OF UTILIZATION OF ISSUE PROCEEDS AND STATEMENT OF MATERIAL DEVIATION/VARIATION IN THE USE OF ISSUE PROCEEDS – REGULATION 32(1) OF SEBI (LODR), 2015 Submission of Statement of Deviation/Variation in utilisation of funds raised through Shares – Reg 32(1) of SEBI (LODR) Regulations, 2015 Statement of deviation/variation in use of Issue proceeds: Name of listed entity Ashiana Housing Limited Mode of Fund Raising Public Issue/ QIP/Bonus Issue/Others Date(s) of Raising Funds Not Applicable for Q1FY27 Amount Raised Not Applicable for Q1FY27 Report filed for Quarter ended 30th June 2026 Monitoring Agency Not Applicable for Q1FY27 Monitoring Agency Name. if applicable Not Applicable for Q1FY27 Ashiana Housing Ltd. 304, Southern Park, Saket District Centre, Saket, New Delhi– 110 017 CIN: L70109WB1986PLC040864 Regd. Office: 5F Everest, 46/C Chowringhee Road, Kolkata -700 071 Phone No: 011-42654265, Email: investorrelations@ashianahousing.com Website: www.ashianahousing.com To The Secretary BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001 Security Code No.: 523716 To The Secretary National Stock Exchange of India Ltd. Exchange Plaza, Plot no. C/1, G Block Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051 NSE Symbol: ASHIANA
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Is there a Deviation/Variation in use of funds raised Not Applicable for Q1FY27 If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders - If yes, date of Shareholder Approval - Explanation for the deviation/variation - Comments of the Audit Committee, after review - Comments of the auditors, if any - Objects for which funds have been raised and where there has been a deviation, in the following table: Original Object Modified Object, if any Original Allocation Modified Allocation, if any Funds Utilised Amount of deviation/variation for the quarter according to applicable object Remarks, if any - - - - - - - Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed (c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc. Mr. Nitin Sharma Company Secretary & Compliance Officer
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Date: 11th August 2026 STATEMENT OF UTILIZATION OF ISSUE PROCEEDS AND STATEMENT OF MATERIAL DEVIATION/VARIATION IN THE USE OF ISSUE PROCEEDS – REGULATION 52 (7) AND 52 (7A) OF SEBI (LODR), 2015 Submission of Statement for utilization of issue proceeds of non -convertible securities and Statement indicating deviation/variation pursuant to Regulation 52 (7) and Regulation 52 (7A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 , respectively A Statement of utilization of issue proceeds Name of the Issuer (1) ISIN (2) Mode of Fund Raising (Public Issue/Private Placement) (3) Type of Instrument (4) Date of raising funds (5) Amount Raised (6) Funds Utilized (7) Any Deviation (Yes/No) (8) If 8 is Yes, then specify the purpose of for which the funds were utilized Remarks, if any Ashiana Housing Limited INE365D08026 Private Placement Unsecured, Non- Convertible Debentures 30th May 2021 Rs. 97 Crores Rs. 97 Crores No N.A. N.A. Ashiana Housing Ltd. 304, Southern Park, Saket District Centre, Saket, New Delhi– 110 017 CIN: L70109WB1986PLC040864 Regd. Office: 5F Everest, 46/C Chowringhee Road, Kolkata -700 071 Phone No: 011-42654265, Email: investorrelations@ashianahousing.com Website: www.ashianahousing.com To The Secretary BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001 Security Code No.: 523716 To The Secretary National Stock Exchange of India Ltd. Exchange Plaza, Plot no. C/1, G Block Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051 NSE Symbol: ASHIANA
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Ashiana Housing Limited INE365D08034 Private Placement Unsecured, Non- Convertible Debentures 20th July 2022 Rs. 26.40 Crores Rs. 26.40 Crores No N.A. N.A. Ashiana Housing Limited INE365D08067 Private Placement Unsecured, Non- Convertible Debentures 23rd February 2024 Rs. 5.60 Crores Rs. 5.60 Crores No N.A. N.A. Ashiana Housing Limited INE365D07085 Private Placement Secured, Non- Convertible Debentures 13th May 2024 Rs. 125 Crores Rs. 125 Crores No N.A. N.A. Ashiana Housing Limited INE365D08075 Private Placement Unsecured, Non- Convertible Debentures 11th July 2025 Rs. 100 Crores Rs. 100 Crores No N.A. N.A. Ashiana Housing Limited INE365D08083 Private Placement Unsecured, Non- Convertible Debentures 24th April 2026 Rs. 43.25 Crores Rs. 43.25 Crores No N.A. N.A. B. Statement of deviation/variation in use of Issue proceeds: Statement of Deviation/Variation in utilization of funds raised Name of listed entity Ashiana Housing Limited Mode of Fund Raising Public Issue/ Private Placement Type of Instrument Unsecured, Rated, Listed, Reedemable, Non - Convertible Debentures Date(s) of Raising Funds 24th April 2026 Amount Raised INR 43.25 Crores Report filed for Quarter ended 30th June 2026 Is there a deviation/variation in use of funds raised? No
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Whether any approval is required to vary the objects of the issue stated in the prospectus/ offer document Not Applicable for Q1FY27 If yes, details of the approval so required Not Applicable for Q1FY27 Date of approval Not Applicable for Q1FY27 Explanation for the deviation/variation Not Applicable for Q1FY27 Comments of the Audit Committee, after review Not Applicable for Q1FY27 Comments of the auditors, if any Not Applicable for Q1FY27 Objects for which funds have been raised and where there has been a deviation/variation, in the following table: Original Object Modified Object, if any Original Allocation Modified Allocation, if any Funds Utilised Amount of deviation/variation for the quarter according to applicable object (Rs. in Crores and in %) Remarks, if any Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable - Deviation could mean: (a) Deviation in the objects or purposes for which the funds have been raised (b) Deviation in the amount of funds actually utilized as against what was originally disclosed Mr. Nitin Sharma Company Secretary & Compliance Officer
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l ashianc:9 you are in safe hands Declaration for Outstanding Default on Loans and Debt Securities Outstanding Default on Loans and Debt Securities for the quarter ended 30th June 2026 as per the circular SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated 31st December 2024 in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 S.no. Particulars In INR Crore 1 Loans / revolving facilities like cash credit from banks / financial institutions A Total amount outstandin g as on 30.06.2026 • 317.18 B Of the total amount outstandin g, amount of default as on date Nil 2 Unlisted debt securities i.e. NCDs and NCRPS A Total amount outstandin g as on date NA B Of the total amount outstandin g, amount of default as on date NA 3 Total financial indebtedness* of the listed entity including short- 317.18 term and long-term debt (1 +2) *Financial Indebtedness includes Listed debt securities, Term Loans, Vehicle Loans, Overdraft and Bank Guarantees. For Ashiana Housing Ltd. For ASHIANA HOUSING LTD. ~ ~ Nitin Sharma NITIN SHARMA Company Secretary (Company Secretary & Compliance Officer) Mem No: ACS 21191 Ashiana Housing Limited 304, Southern Park, Saket District Centre, Saket, New Delhi 110 017 T: 011 4265 4265, F: 011 4265 4200 E: sales@ashianahousing.com, W : ashianahousing.com Regd. Office: 5F Everest, 46/C Chowringhee Road, Kolkata, West Bengal• 700 071 CIN: L70109WB1986PLC040864