Ashnisha Industries Limited (formerly known as Ashnisha Alloys Limited) was incorporated on July 27, 2009. The Company name was changed from 'Ashnisha Alloys Limited' to 'Ashnisha Industries Limited' on August 8, 2017. The Company is engaged in the business of trading of various steel products, Trading of goods.
In 2017-18, the National Company Law Tribunal (NCLT), Ahmedabad Bench sanctioned the Scheme for Demerger of Trading and Investment Business of Lesha Industries Limited and vesting the same into then Company, Ashnisha Alloys Private Limited vide its order dated May 29, 2017. Pursuant to the Scheme, Trading & Investment business of the Company was transferred to Ashnisha Alloys Private Limited. In consideration, the Company issued and allotted 30,18,764 new Equity Shares of Rs. 10/- each to the shareholders of Lesha Industries Limited in the ratio of 8 new Equity Share of the Company for every 25 Equity Shares held by the shareholders in Lesha Industries Limited on 18.08.2017.
The Company acquired 20,50,000 (46.49%) equity shares of EZI Ventures Pvt. Ltd. which together with existing holding of 8,00,000 (18.14%) equity shares tantamount to holding 28,50,000 (64.63%) equity shares of EZI Ventures Pvt. Ltd. Subsequent to the said acquisition, EZI Ventures Pvt. Ltd. became a subsidiary of the Company in 2018-19.
The Company, during the year 2024-25 has entered into agreements with UGVCL (Uttar Gujarat Vij Company Limited), the distribution company and GETCO (Gujar ...at Energy Transmission Corporation Limited), the transmission company. In addition to that, the Company also received approval from necessary Government authorities and currently, the project status is under process.
FAQs on Ashnisha Industries Ltd
1. Can I buy Ashnisha Industries Ltd from PL Capital? ›
Yes, you can invest in Ashnisha Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Ashnisha Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Ashnisha Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Ashnisha Industries Ltd pay dividends? ›
Ashnisha Industries Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Ashnisha Industries Ltd ? ›
As of
06-Feb-2026 , 16:01:40 the share price for Ashnisha Industries Ltd. is ₹ 3.64 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Ashnisha Industries Ltd ? ›
The 52-week high and low of Ashnisha Industries Ltd share price is ₹ 2.57 - ₹ 4.94 as of
06-Feb-2026 , 16:01:40 .
