Pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015 and in continuation of our earlier submission dated 04.06.2025, this is to inform you that the subsidiary of ....
ASHIKA · price
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Awaiting price reaction for this filing.
Ashika Credit Capital's subsidiary, Ashika Private Equity Advisors Pvt Ltd, has received approval from SEBI for the registration of Ashika Private Equity Trust as a Category II Alternative Investment Fund (AIF). Ashika Private Equity Advisors acts as the Investment Manager for this trust. This follows an earlier submission made by the company on 4th June 2025. With this approval, the subsidiary is now formally authorized to operate as a registered AIF in India. Category II AIFs typically include private equity, debt funds, and funds-of-funds that do not take undue risks and are allowed to invest across asset classes including listed and unlisted companies.
Positive for the company as the SEBI registration enables the subsidiary to officially launch and manage a Category II AIF, potentially unlocking new fee income streams and expanding its footprint in the alternative investment space. However, the scale of impact on overall financials would depend on the size of funds raised and deployed.