Ashika Credit Capital Acquires Subsidiary OCRPS Worth ₹2 Crore

Ashika Credit Capital Limited acquired 20,00,000 OCRPS of subsidiary Ashika Private Equity Advisors Private Limited for ₹2 crore on 24th March 2026.
The OCRPS, issued at face value of ₹10 each, represent 100% of preference share capital; upon conversion, ACCL's voting rights rise from 51% to 83.67%.
APEAPL is the investment manager to SEBI-registered Category II AIF Ashika Private Equity Trust (Reg. No. IN/AIF2/25-26/1927), with NIL turnover for last three years.
Transaction is classified as a related party transaction conducted at arm's length, with no governmental or regulatory approvals required.