Please find enclosed herewith the Notice of NCLT Convened Meeting of Equity Shareholders of Ashika Credit Capital Limited, scheduled to be held on Friday, 9th January, 2026 at 12:15 P.M. ....
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Ashika Credit Capital Ltd (ACCL) has issued notice for an NCLT-convened meeting of equity shareholders on Friday, January 9, 2026 at 12:15 PM (via VC/OAVM) to approve a Composite Scheme of Amalgamation. The scheme involves a two-step merger: first, Ashika Commodities & Derivatives Pvt Ltd (ACDPL) will merge into Ashika Global Securities Pvt Ltd (AGSPL), and then AGSPL will merge into ACCL. Post-merger, ACCL will be renamed "Ashika Global Securities Limited". The NCLT Kolkata Bench directed the meeting via its order dated November 14, 2025, and BSE had already issued its no-objection observation letter on August 22, 2025. Remote e-voting runs from January 5-8, 2026, with cut-off date of January 2, 2026. Approval requires three-fourths majority in value and majority of public shareholder votes in favour.
This is a group-internal restructuring that consolidates the broking and commodities businesses under ACCL (a listed entity). Shareholders need to participate in the e-voting; approval will lead to the listed company being renamed to Ashika Global Securities Limited. No open offer or fresh shares to public shareholders appear to be triggered, but shareholders should vote based on the scheme terms and valuation report.