Ashika Credit Capital: Promoters Acquire 4.03 Cr Shares Post-Amalgamation

Ashika Credit Capital Limited (ACCL) announced that its promoter group, including Pawan Jain and PACs, acquired 4,03,52,586 equity shares on May 28, 2026. This acquisition resulted from a Composite Scheme of Amalgamation sanctioned by NCLT, involving Ashika Commodities & Derivatives Private Limited and Ashika Global Securities Private Limited merging into ACCL. Concurrently, 1,13,51,990 existing ACCL shares held by the promoter group were cancelled. The promoter group has filed a disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, claiming exemption under Regulation 10(1)(d)(ii) for this acquisition, which occurred due to the amalgamation and cross-cancellation of shares. The company's equity share capital increased from ₹44.72 Cr to ₹73.72 Cr post-transaction.