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

Ashika Credit Capital Ltd has announced a loss of ₹51.42 Cr for FY 24-25, mainly driven by a ₹50.42 Cr net loss on fair value changes, reversing a previous profit of ₹10.72 Cr. The company received approval to merge with Ashika Global Securities Pvt Ltd, becoming the holding entity for its diversified financial services, including stockbroking and wealth management, supported by a rating upgrade for its subsidiary. It also gained approval for merging with Yaduka Financial Services Ltd and raised over ₹500 Cr during the year. The launch of Ashika Private Equity Advisors aims to tap Category 2 AIF opportunities, while acquisition plans target further market expansion.