Ashika Credit Capital Ltd — Important, 17-05-2026: Company Update

Ashika Credit Capital Ltd. (ACCL) approved audited financial results for the quarter and year ended March 31, 2026, and proposed a final dividend of Re. 0.50 per equity share. Ashika Stock Services Limited is now a material subsidiary; ACCL plans to transfer its mutual fund sponsorship approval to it, pending SEBI consent. Existing auditors resigned due to RBI ineligibility, with no concerns raised; M/s. J K V S & Co. was appointed. Ashika Global Custodial Services Pvt. Ltd. ceased to be a subsidiary as ACCL chose not to infuse capital. ACCL will acquire remaining shares of Ashika Capital Limited (ACL) for up to Rs. 22 Cr, making this merchant banker a wholly-owned subsidiary. ACL's 2025 turnover was 14.97 Cr.