Merger & Acquisition Committee ('Committee of Directors') of the Company has, today, i.e. 01.12.2025, approved the allotment of 65,34,507 equity shares of the Company of face value of INR ....
ASHIKA · price
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Ashika Credit Capital has allotted 65,34,507 equity shares of face value INR 10 each to eligible shareholders of Yaduka Financial Services Limited, which is merging into Ashika. The NCLT Kolkata Bench had approved this amalgamation scheme on November 4, 2025, with the effective date being November 18, 2025 and record date November 29, 2025. Shareholders of Yaduka are receiving 1,445 equity shares of Ashika for every 1,000 shares held, as per the approved share exchange ratio. As a result, Ashika's paid-up equity capital rises from Rs. 38.19 crore (3.82 crore shares) to Rs. 44.72 crore (4.47 crore shares). Fractional entitlements were handled by Catalyst Trusteeship Limited, and the newly allotted shares will rank equally with existing shares and be listed on BSE.
This is a routine post-merger share allotment step that increases the share count by about 17% and slightly dilutes existing shareholders. Short-term price impact is typically limited since the exchange ratio was already determined at the time of scheme approval.