ALPHA TRIBE

Ashika Credit Capital LtdImportant, 05-02-2026: Company Update

05-02-2026 | 01:29 pm

Ashika Credit Capital has completed a key step in its amalgamation with Yaduka Financial Services. Following the merger, ACCL allotted over 65 lakh equity shares to Yaduka shareholders. To address fractional entitlements, a single consolidated share was issued to a Corporate Trustee, who then sold it in the market. The net proceeds of Rs 362.51 from this sale have been successfully distributed to the eligible Yaduka shareholders. This action finalizes the compensation for fractional holdings, ensuring a smooth closure for the merger's share exchange process.

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