Ashika Credit Capital Schedules Board Meeting on May 17, 2026 to Approve FY26 Annual Financial Results

Ashika Credit Capital Limited has informed the stock exchanges of an upcoming Board of Directors meeting scheduled for Sunday, May 17, 2026. The meeting has been convened pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and amendments thereof. The notice was issued on May 9, 2026, and signed by Company Secretary and Compliance Officer Anju Mundhra.

Key Agenda Items

The board meeting has been called to consider and approve the following matters, as detailed in the regulatory filing:

Agenda Item: Details Financial Results: Standalone and Consolidated Audited Annual Financial Results (IND-AS) for the quarter and financial year ended March 31, 2026 Dividend Consideration: Recommendation of dividend, if any, on equity shares for the financial year ended March 31, 2026 Other Business: Any other matter with the permission of the Chair

Trading Window Closure

In accordance with the Company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders, the Trading Window for dealing in the securities of Ashika Credit Capital shall remain closed until the end of 48 hours after the announcement of the financial results for the quarter and financial year ended March 31, 2026, to the stock exchanges. This measure is in line with standard regulatory requirements applicable to listed companies ahead of material financial disclosures.

Regulatory Compliance

The intimation was submitted to the General Manager, Department of Corporate Services, BSE Ltd, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001. The filing was made in compliance with applicable SEBI listing regulations, ensuring timely disclosure to market participants ahead of the scheduled board deliberations.

Ashika Credit Capital Limited has received a significant regulatory milestone as the Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench, pronounced its order sanctioning the Composite Scheme of Amalgamation on May 8, 2026. The development was communicated to BSE Ltd. by the company's Company Secretary and Compliance Officer, Anju Mundhra, on the same date.

Structure of the Composite Scheme of Amalgamation

The Composite Scheme of Amalgamation involves a sequential two-step merger process among three entities within the Ashika group. The scheme, which follows an earlier intimation dated November 12, 2024, consolidates the group's corporate structure through the following arrangement:

Parameter: Details Transferor Company: Ashika Commodities & Derivatives Private Limited (ACDPL) Amalgamating / Transferee Company: Ashika Global Securities Private Limited (AGSPL) Amalgamated Company: Ashika Credit Capital Limited (ACCL) Relationship: ACDPL is a Wholly Owned Subsidiary of AGSPL NCLT Order Date: May 8, 2026 Sanctioning Authority: Hon'ble NCLT, Kolkata Bench

In the first step, Ashika Commodities & Derivatives Private Limited, a Wholly Owned Subsidiary of Ashika Global Securities Private Limited, will amalgamate with and into Ashika Global Securities Private Limited. Subsequently, Ashika Global Securities Private Limited will amalgamate with and into Ashika Credit Capital Limited, making Ashika Credit Capital Limited the final amalgamated entity.

Next Steps Towards Effectiveness

While the NCLT has pronounced its order sanctioning the scheme, the Composite Scheme of Amalgamation will become legally effective only upon the filing of the certified copy of the NCLT order with the Registrar of Companies. The company has noted that the copy of the pronounced order will be intimated once it is uploaded on the NCLT website. A separate intimation will be provided to the stock exchange once the scheme formally becomes effective, ensuring stakeholders are kept informed at each stage of the process.

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