Ashika Credit Capital Ltd — Updates, 10-04-2025: Company Update

A'HIKAASHIKA Credit Capital Ltd. has announced a board meeting on April 10, 2025, where its Fund Raising Committee approved the conversion of 32,27,700 equity convertible warrants into equity shares at an issue price of Rs. 306 per share. This conversion will yield a total of Rs. 74.07 crore from allottees. The company's paid-up equity share capital will increase to Rs. 36.33 crore, consisting of 3,63,35,500 fully paid-up equity shares. The remaining 19,14,500 warrants are still pending conversion, with holders entitled to convert them upon payment of the remaining balance. This development may foster positive investor sentiment as it strengthens the company's capital base and liquidity.