Key Events This Week
4 May: Week opens at Rs.2.93
6 May: Downgrade to Strong Sell announced
7 May: Valuation shifts noted; price closes at Rs.2.82
8 May: Week closes at Rs.2.83 (-3.41%)
May 13
BSE+NSE Vol: 57.36 k
Non Banking Financial Company (NBFC)
INR 26 Cr (Micro Cap)
25.00
21
0.00%
0.14
5.26%
1.31
Latest dividend: 0.1 per share ex-dividend date: Sep-19-2019

Ashirwad Capital Ltd, a micro-cap player in the Non-Banking Financial Company (NBFC) sector, has seen its investment rating upgraded from Strong Sell to Sell as of 11 May 2026. This change is primarily driven by a marked improvement in valuation metrics, even as the company continues to grapple with flat financial performance and weak long-term fundamentals.
Read full news article
4 May: Week opens at Rs.2.93
6 May: Downgrade to Strong Sell announced
7 May: Valuation shifts noted; price closes at Rs.2.82
8 May: Week closes at Rs.2.83 (-3.41%)

Ashirwad Capital Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has seen its investment rating downgraded from Sell to Strong Sell as of 6 May 2026. This shift reflects a reassessment across multiple parameters including valuation, financial trends, quality metrics, and technical indicators, signalling heightened caution for investors amid subdued performance and valuation concerns.
Read full news articleFormat of Initial Disclosure to be made by an entity identified as a Large Corporate.
| Sr. No. | Particulars | Details |
| 1 | Name of Company | Ashirwad Capital Ltd |
| 2 | CIN NO. | L51900MH1985PLC036117 |
| 3 | Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) | 0.00 |
| 4 | Highest Credit Rating during the previous FY | NA |
| 4a | Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4) | Not Applicable |
| 5 | Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework | BSE |
We are enclosing herewith Certificate dated April 03 2026 issued by M/s. Bigshare Services Pvt. Ltd Registrar and Share Transfer Agent (RTA) of the company confirming the Compliances of Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulation 2018 for the Fourth Quarter ended March 31 2026.
Pursuant to SEBI (Prohibition of Insider Trading) Regulations 2015 the Trading Window for dealing in the Equity Shares of the Company shall be closed for all the designated persons and their immediate relative from April 01 2026 till 48 hours after declaration of Audited Financial Results of the Company for the Fourth Quarter and the Financial Year ended March 31 2026.
No Upcoming Board Meetings
Ashirwad Capital Ltd has declared 10% dividend, ex-date: 19 Sep 19
Ashirwad Capital Ltd has announced 1:10 stock split, ex-date: 03 Apr 06
Ashirwad Capital Ltd has announced 1:2 bonus issue, ex-date: 25 Jun 24
No Rights history available
Promoters
None
Held by 0 Schemes
Held by 0 FIIs
Dinesh Ramprasad Poddar (16.11%)
None
45.42%
QoQ Growth in quarter ended Dec 2025 is -91.15% vs 5,550.00% in Sep 2025
QoQ Growth in quarter ended Dec 2025 is -90.59% vs 4,150.00% in Sep 2025
Growth in half year ended Sep 2025 is 50.65% vs 14.93% in Sep 2024
Growth in half year ended Sep 2025 is 20.83% vs 14.29% in Sep 2024
YoY Growth in nine months ended Dec 2025 is 48.24% vs -42.95% in Dec 2024
YoY Growth in nine months ended Dec 2025 is 23.38% vs -43.38% in Dec 2024
YoY Growth in year ended Mar 2025 is -37.20% vs 115.79% in Mar 2024
YoY Growth in year ended Mar 2025 is -45.81% vs 103.95% in Mar 2024