Disclosure under Regulation 30 of SEBI Listing Regulations

Key Actions and Approvals

The Merger & Acquisition Committee of Ashika Credit Capital Limited approved the following on 28th May 2026:

  • Allotment of 4,03,52,586 fully paid-up equity shares of face value ₹10 each to eligible shareholders of Ashika Global Securities Pvt Ltd as on Record Date 27th May 2026
  • Share Exchange Ratio: 6726:10000 (6,726 equity shares of ACCL for every 10,000 equity shares of AGSPL)
  • Fractional Entitlements: 6 equity shares allotted to Catalyst Trusteeship Limited as corporate trustee for fractional entitlements
  • Share Cancellation: 1,13,51,990 existing fully paid equity shares of face value ₹10 each held by AGSPL and ACDPL (representing 25.3818% of paid-up share capital) stand cancelled

Capital Structure Impact

Pre-allotment Capital Structure:

  • Paid-up equity share capital: ₹44,72,49,710 (4,47,24,971 equity shares of ₹10 each)
  • Issued & Subscribed paid-up share capital: ₹44,73,11,450 (4,47,31,145 equity shares of ₹10 each)

Post-allotment & Cancellation Capital Structure:

  • Paid-up equity share capital: ₹73,72,55,670 (7,37,25,567 equity shares of ₹10 each)
  • Issued & Subscribed paid-up share capital: ₹73,73,17,410 (7,37,31,741 equity shares of ₹10 each)

Promoter and Promoter Group Shareholding Post-Amalgamation

Post-allotment and cancellation, the promoter and promoter group holding stands at 74.52% (5,49,37,186 shares). Key holdings include:

  • Flower Infrastructure LLP: 85,67,054 shares (11.62%)
  • Roshni Jain: 54,90,833 shares (7.45%)
  • Shashi Jain: 39,80,760 shares (5.40%)
  • Ashika Global Finance Pvt Ltd: 61,20,000 shares (8.30%)
  • Flower Vintrade LLP: 22,16,682 shares (3.01%)
  • Visible Vinimay LLP: 20,38,986 shares (2.77%)
  • Crazy Vinimay LLP: 20,92,773 shares (2.84%)
  • Unity Dealtrade LLP: 19,89,550 shares (2.70%)
  • Tact Vintrade LLP: 28,14,467 shares (3.82%)
  • Visible Dealcomm LLP: 14,08,787 shares (1.91%)
  • Daulat Jain HUF: 24,05,451 shares (3.26%)
  • Pawan Jain HUF: 17,34,162 shares (2.35%)
  • Equal Vintrade LLP: 6,72,452 shares (0.91%)
  • Puranmal Jain & Sons HUF: 2,01,780 shares (0.27%)

Additional Details

  • The allotted equity shares will be credited in dematerialized form and will rank pari passu with existing equity shares
  • The shares will be listed on BSE Limited subject to regulatory process and approvals
  • The committee meeting was held from 3:30 PM to 3:55 PM on 28th May 2026
  • The scheme was sanctioned by Hon'ble NCLT, Kolkata Bench vide Final Order dated 8th May 2026