Please find attached herewith copies of Newspaper Advertisement in relation to Composite Scheme of Amalgamation.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ashika Credit Capital Ltd (Scrip Code: 543766) has submitted copies of newspaper advertisements to BSE in connection with its Composite Scheme of Amalgamation. The scheme proposes a two-step merger: first, Ashika Commodities & Derivatives Pvt Ltd (a wholly-owned subsidiary of Ashika Global Securities Pvt Ltd) will merge into Ashika Global Securities Pvt Ltd, and then Ashika Global Securities Pvt Ltd will merge into Ashika Credit Capital Ltd. The advertisements were published on 24th February 2026 in Business Standard (English, All India edition) and Aajkal (Bengali, West Bengal edition). The filing is made under Regulation 30 of SEBI (LODR) Regulations, 2015, and a related petition is pending before the NCLT Kolkata Bench (Company Petition CAA No. 5/KB/2026).
This is a procedural update confirming the amalgamation process is moving forward through required public notice and regulatory steps. For shareholders, the scheme would consolidate group entities into the listed company, potentially simplifying the group structure, though the final outcome depends on NCLT and other approvals.