Please find enclosed herewith the Outcome of the NCLT Convened Meeting of Ashika Credit Capital Limited held on Friday, 9th January, 2026 at 12:15 PM onwards through VC/OAVM. The Meeting ....
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Ashika Credit Capital held an NCLT-convened shareholder meeting on January 9, 2026, via video conferencing to approve a Composite Scheme of Amalgamation within the Ashika Group. The scheme proposes to first merge Ashika Commodities & Derivatives Pvt Ltd (ACDPL) into Ashika Global Securities Pvt Ltd (AGSPL), and then merge AGSPL into Ashika Credit Capital Ltd (ACCL), with an appointed date of April 1, 2025. Shareholders approved the scheme overwhelmingly, with about 99.9999% of votes in favour when including promoters and 99.9986% when excluding them. The resolution was declared passed with the requisite majority, but the scheme still requires final NCLT sanction before it becomes effective. Separately, the company noted that 65.34 lakh equity shares were already allotted on December 1, 2025 pursuant to an earlier sanctioned amalgamation of Yaduka Financial Services into ACCL, pending listing approval.
This is an internal group restructuring that will consolidate AGSPL and ACDPL into ACCL once the NCLT gives its final approval. No immediate cash benefit for shareholders, but the merged entity is expected to have a simpler group structure. The stock may see modest positive sentiment from the clear shareholder approval, with the next key trigger being the final NCLT sanction order.