ACCL allots 4.03 Cr shares post amalgamation scheme

Ashika Credit Capital Limited (ACCL) has allotted 4,03,52,586 fully paid-up equity shares of INR 10/- each to eligible shareholders of Ashika Global Securities Private Limited (AGSPL) on May 27, 2026, as per the Composite Scheme of Amalgamation. The scheme involved Ashika Commodities & Derivatives Private Limited (ACDPL) merging into AGSPL, and then AGSPL merging into ACCL. The share exchange ratio was 6,726 ACCL shares for every 10,000 AGSPL shares. Additionally, 1,13,51,990 existing ACCL shares held by AGSPL and ACDPL, representing 25.3818% of paid-up capital, were cancelled. Post these actions, ACCL's paid-up equity share capital increased from ₹44.72 Cr (4.47 Cr shares) to ₹73.72 Cr (7.37 Cr shares). The promoter and promoter group now hold 74.52% of the company's equity.