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

Ashika Credit Capital's board approved the financial results for the quarter and year ended March 31, 2026, and declared a final dividend of 0.50 per equity share. The company's existing auditors resigned due to revised eligibility criteria; a new firm has been appointed, pending shareholder approval. Ashika Credit Capital plans to acquire the remaining shares of Ashika Capital for up to 22 crore, making it a wholly-owned investment banking subsidiary. Ashika Stock Services became a material subsidiary, and a proposed Mutual Fund sponsorship will transfer to it. Separately, a planned subsidiary, AGCSPL, ceased due to non-infusion of 80 crore, with no adverse impact.