Ashika Credit Capital allots shares post-merger with Yaduka Financial Services

Ashika Global Securities Pvt. Ltd., acting on behalf of the promoter and promoter group of Ashika Credit Capital Limited (ACCL), disclosed a change in their percentage holding in ACCL. This change stems from the allotment of shares by ACCL on December 1, 2025, as part of the Scheme of Amalgamation with Yaduka Financial Services Limited. The National Company Law Tribunal, Kolkata Bench, approved the scheme via an order dated November 4, 2025.

The merger committee of directors approved the allotment of 6,534,507 equity shares of ACCL, each with a face value of INR 10, to eligible shareholders of Yaduka Financial Services Limited. The share exchange ratio was 1445 equity shares of ACCL for every 1000 equity shares held in Yaduka Financial Services. Following this allotment, the paid-up equity share capital of ACCL increased from INR 38,19,04,640, representing 38,190,464 equity shares, to INR 44,72,49,710, representing 44,724,971 equity shares. The total diluted share/voting capital of the TC after the said acquisition/sale is INR 46,52,49,710.