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

Ashika Credit Capital Ltd has announced a board meeting to approve and take on record the financial results for the quarter and half-year ended March 31, 2025. The company reported a net loss of ₹51.55 lakh for the quarter and ₹6,662.39 lakh for the full year on a standalone basis, while the consolidated net loss stood at ₹5,144.94 lakh for the year. The Board has not proposed any dividend for the financial year. MR & Associates has been appointed as secretarial auditors for five years, subject to shareholder approval. The Board also approved the re-appointment of Mr. Ajay Pratapray Shanghavi as an Independent Director for three years, pending shareholder consent. Additionally, the company plans to explore investment opportunities by acquiring a stock broking firm, with related decisions delegated to the finance committee. The statutory auditors issued an unmodified opinion on the audited results.