Ashika Credit Capital Ltd — Updates, 10-05-2025: Company Update

Ashika Credit Capital Ltd. has announced a board meeting to consider the financial results for the quarter and half-year. The company received a letter with no adverse observations from BSE regarding its Scheme of Amalgamation with Yaduka Financial Services Ltd. The scheme is pending approvals from shareholders, creditors, and statutory authorities. BSE outlined transparency requirements for disclosures around shareholding changes, financials pre- and post-merger, and pending legal or enforcement actions affecting the companies or their key personnel. This step advances the merger process and signals regulatory comfort to shareholders, though final approvals are awaited.