Ashika Credit Capital Ltd — Others, 14-07-2025: AGM/EGM

Ashika Credit Capital has announced a shareholders' meeting to approve its amalgamation with Yaduka Financial Services. This merger aims to create a stronger, unified entity through business synergy, optimizing capital, and streamlining operations. The proposed exchange ratio is 1,445 shares of Ashika for every 1,000 shares of Yaduka. Following the merger, promoter group shareholding will rise to 55.75%, while public shareholding will adjust to 44.25%. This move, which has received no adverse observations from regulatory bodies, is viewed as beneficial for enhanced financial strength and long-term growth.