Pawan Jain & Others acquire 4.03 Cr shares in Ashika Credit Capital

Pawan Jain & Others, part of the promoter group of Ashika Credit Capital Ltd (ACCL), have acquired 4,03,52,580 equity shares of ACCL. This acquisition occurred on May 28, 2026, through an allotment under a composite scheme of amalgamation. The scheme involved the merger of Ashika Commodities & Derivatives Private Limited and Ashika Global Securities Private Limited with and into ACCL. Concurrently, 4,03,51,990 existing equity shares of ACCL held by the amalgamating companies were cancelled. This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.