Ashima Limited has announced the resignation of Mr. Dhaval Thakkar, the Senior Manager of Human Resources, effective November 12, 2025. The company disclosed this information through a formal communication to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), complying with the Securities and Exchange Board of India (SEBI) regulations. Thakkar's departure has been attributed to personal reasons, and he has confirmed that there are no other material factors affecting his decision, as detailed in his resignation letter.

In his resignation letter, Mr. Thakkar expressed gratitude for the opportunities provided to him during his 1.3 years with Ashima Limited, highlighting that his experience with the company has been enriching. He thanked the management for their support and professional growth opportunities, underscoring a positive sentiment despite the personal reasons for his exit. The resignation takes effect at the close of business on the specified date, marking a significant change in the company's senior management team.

The notice also includes a brief profile of the circumstances surrounding the resignation, which aligns with SEBI's requirements for disclosures under the Listing Obligations and Disclosure Requirements. Ashima Limited has assured stakeholders that all relevant details are enclosed as per the regulatory guidelines, emphasizing transparency in their governance practices. Moving forward, the company will need to address Thakkar's departure in terms of succession planning and ensuring continuity within the HR department.