Ashika Credit Capital subsidiary approved as Category II AIF manager

Ashika Credit Capital Limited announced that its subsidiary, Ashika Private Equity Advisors Pvt Ltd, has received approval for registration from the Securities and Exchange Board of India (SEBI) as a Category II Alternative Investment Fund (AIF). The subsidiary will act as the investment manager for Ashika Private Equity Trust.

This disclosure, made on October 23, 2025, is in accordance with SEBI regulations and follows a previous submission dated June 4, 2025.

The approval signifies a strategic development for Ashika Credit Capital, expanding its capabilities within the investment management sector and specifically within the alternative investment fund landscape. The announcement was signed by Anju Mundhra, company secretary and compliance officer.