Intimation for fixing of Record Date of Transferor Company pursuant to Scheme of Amalgamation of Yaduka Financial Services Limited (Transferor Company) with and into Ashika Credit Capital ....
ASHIKA · price
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Ashika Credit Capital Ltd has received final NCLT (Kolkata) approval to merge Yaduka Financial Services Ltd into itself, and the scheme became effective on 18 November 2025 after filing with the Registrar of Companies. The appointed date for the merger is 1 October 2024. Under the share exchange ratio, shareholders of Yaduka Financial Services will receive 1,445 equity shares of Ashika Credit Capital (face value INR 10) for every 1,000 equity shares they hold in Yaduka (face value INR 10). Saturday, 29 November 2025 has been fixed as the record date to identify eligible Yaduka shareholders entitled to receive these new Ashika Credit Capital shares. Upon the effective date, Yaduka Financial Services stands merged into Ashika Credit Capital, and the transferee company will issue and allot the shares accordingly.
Yaduka Financial Services shareholders will receive Ashika Credit Capital shares at a 1.445:1 ratio; for existing Ashika Credit Capital shareholders, this will dilute their holding but may add Yaduka's business to the consolidated entity.