Ashika Credit Capital Ltd

The Preferential issue Committee of Ashika Credit Capital Limited (the Company) at its Meeting held today i.e. 09.11.2024 considered and approved the allotment of Equity Shares on conversion of 2500000 Equity Convertible Warrants into 2500000 Equity Shares at an Issue price of Rs. 118/- (including premium of Rs. 108/-) to Promoter and Non-Promoter Category on preferential basis upon receipt of amount aggregating to Rs. 221250000 (being 75% of the Issue Price per warrant) at a rate of Rs. 118/- per warrant from the Allottees pursuant to the exercise of their rights of conversion into Equity Shares in accordance with the provisions of SEBI (ICDR) Regulations 2018.