Ashika Credit Capital Ltd — Others, 12-08-2025: Others
12-08-2025 | 05:18 pm
12-08-2025 | 05:18 pm
Ashika Credit Capital has released its Annual Report for FY25, highlighting a significant strategic shift despite reporting a consolidated loss of ₹51.48 crore, primarily due to fair value changes in its investment portfolio. The company is undergoing mergers to simplify operations and has raised fresh capital through preferential share and warrant allotments. Strategic initiatives include the acquisition of Ashika Private Equity Advisors Pvt Ltd and plans to launch an Alternative Investment Fund (AIF) and a Mutual Fund, diversifying into asset management. Shareholders will vote on director re-appointments and the proposed remuneration for the Chief Business Officer at the upcoming Annual General Meeting.
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