In terms of Regulation 30 of SEBI (LODR) Regulations, 2015, and with reference to our earlier intimations, please be informed that the Hon''ble National Company Law Tribunal, Kolkata Bench, ....
ASHIKA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The National Company Law Tribunal (NCLT), Kolkata Bench, has sanctioned the Scheme of Amalgamation of Yaduka Financial Services Limited (Transferor Company) into Ashika Credit Capital Limited (Transferee Company) and their respective shareholders and creditors. The order was pronounced on 4th November 2025 under Sections 230-232 of the Companies Act, 2013. The company has been filing periodic updates on this scheme since July 2024. A copy of the pronounced order will be shared once it is uploaded on the NCLT website.
Once the merger becomes effective, Yaduka Financial Services will be absorbed into Ashika Credit Capital, potentially expanding the company's scale and consolidating its business. Shareholders should watch for the share-swap ratio announcement and the effective date, which will determine how the merger affects their holdings.