Please find enclosed herewith the Newspaper Advertisement regarding the ensuing NCLT Convened Meeting of Equity Shareholders of Ashika Credit Capital Limited, published in Financial Express ....
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Ashika Credit Capital Ltd (ACCL) has informed BSE about publishing a newspaper advertisement on December 3, 2025, in Financial Express (English, All India) and Aajkal (Bengali, West Bengal), regarding an NCLT-convened meeting of its equity shareholders. The meeting is to consider a Composite Scheme of Amalgamation involving the merger of Ashika Commodities & Derivatives Pvt Ltd (ACDPL) into Ashika Global Securities Pvt Ltd (AGSPL), and subsequently AGSPL into ACCL, effective from the appointed date of April 1, 2025. Pursuant to the NCLT Kolkata Bench order dated November 14, 2025, the equity shareholders' meeting has been scheduled for Friday, January 9, 2026 at 12:15 PM via video conferencing. E-voting will be conducted from January 5 to January 8, 2026, with January 2, 2026 as the cut-off date. Mr. Mohan Ram Goenka has been appointed as Chairperson and Ms. Priyanka Jain as Scrutinizer for the meeting.
Shareholders of ACCL are advised to participate in the e-voting window (January 5-8, 2026) as the scheme requires approval by a majority representing three-fourths in value of equity shareholders voting. The amalgamation, if approved, will consolidate the group's securities and commodities businesses into the listed entity, which may affect shareholding structure and operational scale.