Ashika Credit Capital Ltd — Board Meeting, 10-05-2025: Board Meeting

Ashika Credit Capital Ltd has announced a board meeting outcome announcing the financial results for the quarter and half-year. The company reported a net loss for the year, with standalone loss after tax at Rs. 51.53 Cr and consolidated loss after tax at Rs. 51.45 Cr. No dividend has been proposed for the financial year. The Board approved the appointment of MR & Associates as Secretarial Auditors for five years pending shareholder approval, and re-appointed Mr. Ajay Pratapray Shanghavi as Independent Director for three years, subject to shareholder consent. The Board also approved amendments to its policy on materiality for disclosures and authorized exploring acquisition of a stockbroking company to expand business. The financial statements received an unmodified audit opinion.