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The National Company Law Tribunal has sanctioned the Composite Scheme of Amalgamation involving Ashika Commodities & Derivatives Private Limited (ACDPL) and Ashika Global Securities Private Limited (AGSPL) merging into Ashika Credit Capital Limited (ACCL). Post-amalgamation, ACCL's name will change to Ashika Global Securities Limited. Shareholders of AGSPL will receive 6,726 equity shares of ACCL (face value INR 10 each) for every 10,000 equity shares held. This strategic move aims to consolidate businesses, optimize operations, reduce costs, and enhance the combined entity's financial strength and market position for improved shareholder value.