Ashika Credit Capital Ltd

Dividend payment details

• Final dividend of ₹0.50 per ₹10 equity share approved at AGM on 19 Sep 2026.
• Record date fixed as 12 Sep 2026; payments to shareholders as per NSDL/CDSL/RTA lists.
• Dividend payments made via NACH; alerted by email or physical letter where emails unavailable.
• Unpaid or undelivered payments due to KYC or bank details issues; shareholders informed with next steps.
• KYC and bank details updates requested; submit ISR-1/ISR-2 and applicable ISR-3/SH forms to RTA.
• RTA: Maheshwari Datamatics Private Limited; updates to be submitted via email or MDPL website.

Ashika Global Securities Limited: Trading Window closed from 1st October, 2026 till the close of 48 Hours after the announcement of the un-audited financial results for the quarter and half-year ended 30th September, 2026

AGM details

• Date/time: 19 Sep 2026, 11:30 IST, via VC/OAVM.
• Record date: 12 Sep 2026.
• Voting: remote e-voting plus AGM voting via NSDL.
• Attendance: 98 members attended via VC/OAVM.
• Scrutinizer: MR & Associates.

Resolutions

• Adopt Audited Financial Statements for FY2026; passed.
• Final dividend of Re 0.50 per share; passed.
• Re-appoint Amit Jain as Director; passed.
• Appoint M/s J K V S & Co as Statutory Auditors for 3 years; remuneration fixed.
• Approve fundraising via QIP up to Rs 1,000 crores; passed.

Voting & turnout

• Turnout: 58,162,645 votes polled (78.68%).
• Resolutions passed with near-unanimous support; minimal dissent.
• Scrutinizer: MR & Associates.

Dividend

• Final dividend: Re 0.50 per equity share for FY2025-26.

Auditors

• Statutory Auditor: Appointed M/s J K V S & Co for 3 years.

Directors

• Amit Jain re-appointed as Director (rotational).

Target entities and purpose

• AGAMPL and AGTCPL incorporated on 17 September 2026 in Maharashtra.
• WOS to carry mutual fund AMC and trustee activities.

Capital and size

• AGAMPL authorised capital Rs 60,00,00,000; issued capital Rs 60,00,00,000; 6,00,00,000 shares.
• AGTCPL authorised Rs 10,00,000; issued Rs 10,00,000; 1,00,000 shares.

Related party status

• Both WOS are wholly-owned by AGSL; related party.
• Promoter group has no other interests in the targets.

Regulatory approvals

• SEBI approval obtained for incorporation; commencement subject to SEBI clearance.

Consideration and ownership

• Acquisition cost: AGAMPL cash Rs 60,00,00,000.
• Acquisition cost: AGTCPL cash Rs 10,00,000.
• 100% subscription to each WOS share capital.
• 100% equity stake in both WOS acquired.

Target background

• AGAMPL: private company, incorporated 17 Sep 2026; mutual fund management.
• AGTCPL: private company, incorporated 17 Sep 2026; trustee of mutual funds.
• Both based in Maharashtra; turnover not disclosed.

Subsidiary director appointments

• Independent Director Ajay Pratapray Shanghavi appointed for a three-year term, effective 3 Sep 2026, subject to shareholder approval.
• Executive Director (Whole-Time) Vatsal Jain appointed for a three-year term, effective 3 Sep 2026, subject to shareholder approval.
• Vatsal Jain is son of Daulat Jain, MD of the Company and Ashika Stock Services Limited.
• Ashika Stock Services Limited is an unlisted material subsidiary of Ashika Global Securities Limited.

Asset Management Company (proposed)

• Name: Ashika Global Asset Management Private Limited; yet to be incorporated in India.
• Will be a Wholly Owned Subsidiary of AGSL; a related party.
• Industry: Financial Services — Asset Management.
• Will act as Asset Manager for the Mutual Fund.
• Regulatory: SEBI in-principle approval obtained; final approvals pending.
• Consideration: cash; initial share capital to be subscribed at face value.
• Shareholding: 100% subscription to the proposed WOS.

Trustee Company (proposed)

• Name: Ashika Global Trustee Company Private Limited; yet to be incorporated in India.
• Will be a Wholly Owned Subsidiary of AGSL; related party.
• Industry: Financial Services - Trustee Services/Trust Management.
• Proposed to act as Trustee Company for the Mutual Fund.
• Regulatory: SEBI in-principle approval; further approvals as required.
• Consideration: cash; initial share capital subscribed at face value.
• Shareholding: 100% subscription to the proposed WOS.

Approvals & Timeline

• SEBI in-principle approvals extended six months from 29 June 2026.
• Final registration with SEBI subject to fulfilment of conditions.
• Company to proceed with incorporation steps for both entities.

Record date for dividend

• Record date 12 Sep 2026 for FY25-26 dividend; payable by 18 Oct 2026, TDS applicable.

Email notice to non-registered shareholders

• Dispatched letters to shareholders with unregistered emails providing AGM materials access link.
• Letters provide links to Annual Report 2025-2026 and AGM notice.

AGM details and access

• AGM scheduled for 19 September 2026 at 11:30 IST via VC/OAVM.
• Cut-off date for participation is 12 September 2026.
• Remote e-voting opens 16 September and closes 18 September 2026.
• Annual Report and AGM Notice also available on BSE and NSDL websites.

AGM Details

• 33rd AGM on 19 September 2026 at 11:30 A.M. IST via VC/OAVM.
• Remote e-voting: 16–18 September 2026; cut-off date 12 September 2026.
• Record date for dividend: 12 September 2026.
• Dividend payout: by 18 October 2026.
• Book closure: 13–19 September 2026 (inclusive).

Ordinary resolutions

• Adopt standalone and consolidated financial statements for FY 2025-26.
• Declare final dividend of Rs 0.50 per equity share.
• Re-appoint Amit Jain as Director, retiring by rotation.
• Appoint M/s J K V S & Co as Statutory Auditors for 3 years; remuneration ₹18 lakh for 2026-27.

Special resolutions

• Raise funds up to ₹1,000 crore by QIP or other permissible modes.
• Authorize board to determine terms, pricing floor, discounts, and other ICDR-compliant terms.
• Monitors fund utilisation via SEBI-registered agency; quarterly reports; publish on websites.
• Allotment to be completed within 365 days; no single allottees over 50%.