Ashika Global Securities Limited has incorporated two wholly-owned subsidiaries on 17th September, 2026, as disclosed in this regulatory filing submitted to BSE Limited under SEBI Listing Regulations Regulation 30.

Subsidiary Details:

Ashika Global Asset Management Private Limited (AGAMPL)

  • Authorised Capital: ₹60,00,00,000 divided into 6,00,00,000 equity shares of ₹10 face value each
  • Issued, Subscribed and Paid-Up Share Capital: ₹60,00,00,000 divided into 6,00,00,000 equity shares of ₹10 face value each
  • Industry: Financial Services – Asset Management
  • Business Objective: To act as an Asset Management Company (AMC) for mutual fund business, managing and administering various mutual fund schemes in accordance with applicable laws and regulatory requirements
  • Turnover: Nil (newly incorporated, yet to commence business operations)

Ashika Global Trustee Company Private Limited (AGTCPL)

  • Authorised Capital: ₹10,00,000 divided into 1,00,000 equity shares of ₹10 face value each
  • Issued, Subscribed and Paid-Up Share Capital: ₹10,00,000 divided into 1,00,000 equity shares of ₹10 face value each
  • Industry: Financial Services – Trustee Services / Trust Management
  • Business Objective: To act as Trustee of Mutual Fund, pooled vehicles/investment funds including offshore funds, venture capital funds, alternative investment funds, investment trusts, and other portfolios of securities; to undertake and execute trusts of all kinds
  • Turnover: Nil (newly incorporated, yet to commence business operations)

Regulatory Aspects:

  • The sponsor had received necessary approval from SEBI for incorporation of both companies
  • Commencement of activities is subject to requisite approval from SEBI
  • Both subsidiaries are related parties as they are wholly-owned subsidiaries of Ashika Global Securities Limited
  • Promoter/Promoter Group have no interest in the transaction beyond the subsidiary relationship
  • Consideration for both acquisitions was cash

Disclosure Reference:

  • Filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Reference to earlier intimation dated 2nd September, 2026
  • Compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026