Ashika Credit Capital Ltd — Important, 15-05-2026: Company Update

Ashika Credit Capital announced its Composite Scheme of Amalgamation is now effective. Ashika Commodities & Derivatives and Ashika Global Securities have merged into Ashika Credit Capital, dissolving the former two entities. A record date has been set for shareholders of Ashika Global Securities to receive 4,03,52,586 new shares in Ashika Credit Capital, at a ratio of 6,726 ACCL shares for every 10,000 AGSPL shares. Additionally, 1,13,51,990 cross-held ACCL shares have been cancelled. The company's authorized capital has increased to Rs. 141.40 Cr, and its name will change to Ashika Global Securities Limited, subject to approvals. All subsidiaries of Ashika Global Securities are now subsidiaries of Ashika Credit Capital.