In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, and in continuation of the previous intimation dated 08.05.2026 please find attached herewith the copy of Final order sanctioned ....
ASHIKA · price
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NCLT Kolkata Bench has sanctioned a Composite Scheme of Amalgamation involving three Ashika Group NBFC entities. First, Ashika Commodities & Derivatives Private Limited (wholly-owned subsidiary) will merge into Ashika Global Securities Private Limited. Then Ashika Global Securities will merge into Ashika Credit Capital Limited. The appointed date is April 1, 2025. Under the swap ratio, for every 10,000 shares of Ashika Global Securities (face value INR 10), shareholders will receive 6,726 shares of Ashika Credit Capital. Upon effectiveness, Ashika Credit Capital's name will change to Ashika Global Securities Limited. BSE and RBI had earlier granted their no-objection to this restructuring. The Regional Director and Official Liquidator found no concerns with the scheme.
Shareholders of Ashika Credit Capital will receive new shares based on the swap ratio once the scheme becomes effective. The consolidation of three NBFC entities into one listed company is expected to create operational synergies and a stronger balance sheet. The stock name may change to Ashika Global Securities Limited after the scheme is implemented.