Ashika Credit Capital Ltd — Important, 04-02-2026: Company Update

Ashika Credit Capital has provided an update on the utilization of funds raised through equity convertible warrants. Out of a planned total allocation of 109.62 Cr, the company has utilized an upfront amount of 27.41 Cr till December 2025. These funds were primarily allocated towards investments in shares and securities (2.41 Cr) and a loan to a group company (25.00 Cr). The company noted that no further warrant subscriptions were received during the quarter, which impacted the availability of additional funds for utilization towards other stated objectives. This update offers transparency on the progress of their fund deployment.