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

Ashika Credit Capital Ltd. has announced a board meeting to discuss the financial results for the quarter and half-year. During the quarter, the company converted 35.3 lakh and 43.88 lakh warrants into equity shares at Rs. 118 and Rs. 306 per share, respectively, raising Rs. 31.24 Cr and Rs. 100.72 Cr. Total funds raised till date stand at Rs. 709.62 Cr, with no deviations in utilization. The funds have been primarily used for investments in shares and securities, repayment of borrowings, working capital including margin for derivatives, and loans to the group company Ashika Stock Broking Ltd.