Ashika Credit Capital Ltd

Ashika Global Securities Ltd has reported no deviation or variation in the utilization of proceeds raised via preferential issue for the quarter ended June 30, 2026. The company clarified that funds were utilized for investments in shares and securities, capital requirements for debt repayment, working capital, and loans to a group company. A total of ₹36.54 crores was raised and utilized by the end of the warrant conversion period. The Audit Committee reviewed the statement, and it has been uploaded to the company's website.

Ashika Global Securities Limited (formerly Ashika Credit Capital Limited) has submitted reports from its Audit Committee and Independent Directors. These reports certify the completion of the distribution of net sale proceeds from fractional entitlements arising from a composite scheme of amalgamation. The scheme involved the amalgamation of Ashika Commodities & Derivatives Private Limited and Ashika Global Securities Private Limited into Ashika Credit Capital Limited, which was subsequently renamed Ashika Global Securities Limited. The distribution of proceeds to eligible shareholders for their fractional entitlements was completed on July 29, 2026.

Ashika Global Securities Limited (AGSL) announced the appointment of Ms. Meenaa Sharma as Chief Human Resource Officer (CHRO) and Senior Management Personnel (SMP) with immediate effect. This decision was approved by the Board of Directors during their meeting held on July 31, 2026, based on the recommendation of the Nomination & Remuneration Committee. The board also approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, and took on record the statement of deviation or variation for the same period. Additionally, AGSL approved a proposal to raise funds up to ₹1000 Crores through various modes including QIP, FPO, Rights Issue, or Preferential Allotment, subject to regulatory and shareholder approvals. The company also noted the ongoing consideration by SEBI for the extension of in-principle approval for the sponsorship of a proposed Mutual Fund.

Ashika Global Securities Limited (AGSL) announced its Board of Directors has approved a proposal to raise funds up to ₹1000 Crores through Qualified Institutional Placement (QIP) or other permissible modes. The Board also approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, and noted the statement of deviation or variation for the same period, reporting no deviation against issue proceeds. Additionally, Ms. Meenaa Sharma was appointed as Chief Human Resource Officer (CHRO) & Senior Management Personnel. The company also provided an update on its mutual fund sponsorship approval extension.

Ashika Global Securities Ltd (AGSL) board approved its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The board also took on record the Statement of Deviation or Variation for the same quarter, reporting no deviation against issue proceeds. Additionally, the board approved the appointment of Ms. Meenaa Sharma as Chief Human Resource Officer (CHRO) and Senior Management Personnel. A significant proposal for raising funds up to ₹1000 Crores was approved, which can be done through various modes including Qualified Institutional Placement (QIP), Further Public Offer (FPO), Rights Issue, or Preferential Allotment, subject to necessary regulatory and shareholder approvals. Finally, the board noted that the application for extending the in-principle approval for sponsoring a proposed Mutual Fund is under SEBI's consideration, and the company will continue with the sponsorship.

Ashika Global Securities Ltd's Board of Directors, at their meeting on July 31, 2026, approved the Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The Board also took on record the Statement of Deviation or Variation for the same quarter, reporting no deviation. A significant decision included the approval to raise funds up to ₹1000 Crores through various modes such as QIP, FPO, Rights Issue, or Preferential Allotment, subject to shareholder and regulatory approvals. Additionally, Ms. Meenaa Sharma was appointed as the Chief Human Resource Officer (CHRO) and Senior Management Personnel. The Board also noted the ongoing consideration by SEBI for the extension of in-principle approval for the company's proposed Mutual Fund sponsorship.

Maryada Barter Private Limited, along with Persons Acting in Concert (PACs), has disclosed the disposal of 10,09,898 equity shares of Ashika Global Securities Ltd. The disposal occurred between October 25, 2025, and July 28, 2026, through the open market. This transaction has resulted in a decrease in their shareholding. The filing is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Ashika Credit Capital Ltd has officially changed its name to Ashika Global Securities Limited, effective from July 24, 2026. This rebranding is part of a composite scheme of amalgamation sanctioned by NCLT, Kolkata Bench. The company's trading symbol on BSE and NSE will also change from 'ASHIKA' to 'ASHIKAG' starting July 27, 2026, while the scrip code '543766' on BSE remains unchanged. All other corporate details, including CIN and registered office, will remain the same. Shareholders' rights are unaffected, and no action is required for those holding shares in demat form. Physical shareholders are advised to contact the Registrar and Share Transfer Agent for name updates on their certificates.

Ashika Credit Capital Ltd (formerly Ashika Global Securities Limited) has announced a Board of Directors meeting scheduled for July 31, 2026. The agenda includes the consideration and approval of Un-Audited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026, along with the Limited Review report. Additionally, the board will discuss and approve a proposal for raising funds through various instruments like equity shares, QIP, FPO, Rights Issue, or Preferential Allotment, subject to regulatory and shareholder approvals. The trading window for company securities will remain closed until 48 hours after the announcement of the meeting's outcome.

Ashika Credit Capital Limited has officially changed its name to Ashika Global Securities Limited, effective June 23, 2026. This change was approved by the Ministry of Corporate Affairs and will be reflected in trading on both BSE and NSE starting July 27, 2026. The company's trading symbol will also change from ASHIKA to ASHIKAG on BSE, while the scrip code remains 543766. This rebranding signifies a new phase for the company.