Please be informed that the Company today i.e, 24.03.2026, has acquired 20,00,000 Optionally Convertible Redeemable Preference Shares (OCRPS) of Rs. 10 each of Ashika Private Equity Advisors ....
ASHIKA · price
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Ashika Credit Capital Ltd informed BSE on 24.03.2026 that it has acquired 20,00,000 Optionally Convertible Redeemable Preference Shares (OCRPS) of Rs. 10 each in Ashika Private Equity Advisors, taking the face value of the investment to about Rs. 2 crore. OCRPS are a hybrid instrument carrying a fixed dividend, with the issuer having the option to either redeem them later or convert them into equity shares. The target entity appears to be a related party, given the common 'Ashika' branding across both firms. Full details on the price paid, conversion terms, and ultimate ownership of the target are not available in the disclosed text.
The size of the investment is small relative to typical listed-company acquisitions and is unlikely to move the stock materially, though shareholders should watch for the related-party nature and any future conversion that could dilute equity. Investors may want more clarity on the strategic rationale and the financial profile of the target.