Please find enclosed herewith the Annual Secretarial Compliance report issued by MR & Associates, Practicing Company Secretaries, for the financial year ended 31st March, 2025.
ASHIKA · price
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Ashika Credit Capital Ltd has filed its Annual Secretarial Compliance Report for FY 2024-25, certified by MR & Associates, Practicing Company Secretaries. The company has complied with all applicable SEBI regulations, including the LODR Regulations, Insider Trading norms, and Secretarial Standards during the review period. No deviations, violations, or actions by SEBI or stock exchanges were reported against the company. The report notes that M/s. DHC & Co. was appointed as the new statutory auditor at the 31st AGM held on 10 August 2024, following the completion of term of the previous auditor. Additionally, Ashika Private Equity Advisors Private Limited (APEAPL) became a subsidiary of the company with effect from 21 January 2025, though the company has no material subsidiary as on 31 March 2025.
The clean compliance report is a positive signal for shareholders, indicating good corporate governance and no regulatory action against the company. The change of statutory auditor is a routine event due to completion of the previous auditor's term, and the new subsidiary addition (APEAPL) signals business expansion that investors may want to track.