Ashika Credit Capital sets dates for Yaduka Financial merger

Ashika Credit Capital Ltd. announced November 18, 2025, as the effective date of its amalgamation with Yaduka Financial Services Limited. This follows the National Company Law Tribunal (NCLT), Kolkata Bench's sanction of the Scheme of Amalgamation on November 4, 2025. Both companies filed the certified order with the Registrar of Companies on November 18, 2025, formalizing the merger. The appointed date of the merger is October 1, 2024.

The Board of Directors’ Merger & Acquisition Committee of Ashika Credit Capital Limited noted and approved these dates. A record date of Saturday, November 29, 2025, has been set to determine the equity shareholders of Yaduka Financial Services Ltd. who are entitled to receive fully paid-up equity shares of Ashika Credit Capital Limited.

Under the Scheme of Amalgamation, 1,445 equity shares of Ashika Credit Capital, with a face value of INR 10/- each, fully paid-up, will be issued for every 1000 equity shares held in Yaduka Financial Services, with a face value of INR 10/- each, fully paid-up.