Pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015 and with reference to our earlier intimations dated 12.02.2025 and 19.06.2025, this is to inform you that Ashika ....
ASHIKA · price
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Ashika Credit Capital Ltd has received an In-Principle approval from SEBI on 30th December 2025 to sponsor a Mutual Fund. Following this approval, the company plans to set up an Asset Management Company (AMC) and a Trustee Company, as required under SEBI regulations. This is a follow-up to earlier company intimations made in February and June 2025 regarding the mutual fund venture. Ashika Credit Capital is currently classified as a Non-Banking Financial Company (NBFC), and this move represents a meaningful diversification into the asset management business.
This regulatory greenlight is a positive milestone as it allows the company to formally enter the high-margin mutual fund business, potentially creating a new recurring revenue stream and improving long-term valuation prospects for shareholders.