Intimation of effective date and record date- Scheme of Amalgamation of Yaduka Financial Services Limited (Transferor Company) with and into Ashika Credit Capital Limited (Transferee Company).
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Ashika Credit Capital Ltd has confirmed that the NCLT Kolkata-approved scheme of amalgamation with Yaduka Financial Services Ltd has become effective from 18th November 2025, after the certified order was filed with the Registrar of Companies. The appointed date of the merger is 1st October 2024. The company has fixed Saturday, 29th November 2025, as the record date to identify eligible equity shareholders of Yaduka Financial Services who will receive shares of Ashika Credit Capital. As per the share exchange ratio, shareholders of Yaduka will get 1,445 fully paid-up equity shares of Ashika Credit Capital (face value Rs 10 each) for every 1,000 equity shares held in Yaduka Financial Services (face value Rs 10 each). Yaduka Financial Services will stand merged into Ashika Credit Capital upon completion of this process.
Yaduka Financial Services shareholders will receive Ashika Credit Capital shares on the record date and become shareholders of the listed entity. Existing Ashika Credit Capital shareholders may see marginal dilution depending on Yaduka's relative size, but the merger consolidates the group structure under the listed company.