Ashika Global Securities has scheduled its 33rd annual general meeting for September 19, 2026, to seek approval for raising up to ₹1,000 crore through qualified institutional placements or other permissible modes. The company also proposes declaring a final dividend of Re. 0.50 per equity share for FY26.

The meeting will be held via video conferencing from 11:30 am onwards. Shareholders holding shares as on the cut-off date of September 12, 2026, can exercise remote e-voting between September 16 and September 18, 2026.

Compliance and Notice Dispatch

In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has dispatched physical letters to shareholders whose email addresses are not registered with the company or depositories. These letters provide web-links to access the Annual Report for FY26 and the notice convening the 33rd AGM.

The documents are available on the company’s website and the stock exchange platforms. Members without registered email IDs are requested to update their details to receive future communications electronically.

Capital Raise Proposal

The Board seeks member approval to issue eligible securities, including equity shares, non-convertible debt instruments with warrants, or convertible securities, in one or more tranches. The proceeds are intended for organic and inorganic growth, strategic initiatives, repayment of borrowings, working capital requirements, and general corporate purposes.

Key terms of the proposed issuance include:

• Allotment must be completed within 365 days of passing the resolution.
• Minimum 10% of equity shares allotted to mutual funds.
• No single allottee can receive more than 50% of the total issue size.
• Eligible securities carry a one-year lock-in period from the date of allotment.
• Promoters and related parties are barred from subscribing to the QIP.

Auditor Appointment and Dividend

The company proposes appointing M/s. J K V S & Co, Chartered Accountants, as statutory auditors for three consecutive years until the conclusion of the 36th AGM in 2029. The proposed audit fee for FY27 is ₹18 lakh, exclusive of taxes and out-of-pocket expenses.

The record date for determining dividend entitlement is fixed as September 12, 2026. The dividend will be paid by October 18, 2026, subject to applicable TDS. The register of members and share transfer books will remain closed from September 13 to September 19, 2026.

Director Re-appointment

Mr. Amit Jain, Executive Director and CFO of Ashika Stock Services Ltd, retires by rotation and offers himself for re-appointment. He has served on the board since August 4, 2021, and does not draw remuneration from Ashika Global Securities.

Ashika Global Securities Limited has issued a detailed communication to shareholders regarding the deduction of tax at source (TDS) on its recommended final dividend of Re. 0.50 per equity share for the financial year ended March 31, 2026. The company will conduct its 33rd Annual General Meeting on September 19, 2026, where the dividend is expected to be approved.

Dividend and Record Date

The Board of Directors recommended the final dividend of Re. 0.50 per equity share of face value ₹10 each. The record date for determining shareholder eligibility is September 12, 2026. Dividend payments are expected within October 18, 2026, subject to shareholder approval and applicable TDS regulations under the Income Tax Act, 2025.

E-Voting and Book Closure

Shareholders can exercise voting rights via remote e-voting from September 5, 2026, at 9:00 am until September 9, 2026, at 5:00 pm. The cut-off date for voting eligibility is September 12, 2026. The Register of Members and Share Transfer Books will remain closed from September 13, 2026, to September 19, 2026, inclusive.

TDS and KYC Requirements

In compliance with the Income Tax Act, 2025, dividend income is taxable in the hands of shareholders. The company will deduct TDS at prescribed rates unless shareholders submit valid documentation to claim exemptions or lower rates. All documents must be submitted by 5:00 pm on Saturday, September 12, 2026. Links for submission will be disabled after this deadline.

For Resident Members

Residents can avoid TDS or pay lower rates by submitting specific forms:

• No TDS: Applicable if aggregate dividend does not exceed ₹10,000 in the financial year.
• 10% TDS: Applies if dividend exceeds ₹10,000 and PAN is valid and updated.
• 20% TDS: Applies if PAN is missing, invalid, or not linked with Aadhaar.
• NIL TDS via Form 121: Individuals (including those aged 60+) can submit Form 121 to claim exemption if conditions are met.
• Other Exemptions: Mutual funds, insurance companies, AIFs, and NPS trusts can claim NIL TDS by submitting self-declarations and relevant registration certificates.

Shareholders holding shares in physical mode must update KYC details with the Registrar and Transfer Agent, M/s. Maheshwari Datamatics Pvt. Ltd., by submitting Forms ISR-1, ISR-2, and Choice of Nomination along with a cancelled cheque. Demat holders must update bank details with their Depository Participants.

For Non-Resident Members

• Standard Rate: TDS is deducted at 20% plus applicable surcharge and cess.
• DTAA Benefits: Non-residents can avail lower tax rates under Double Tax Avoidance Agreements (DTAA) by submitting Form 41, Tax Residency Certificate (TRC), and other required documents. The company reserves the right to review documents before applying beneficial rates.
• Higher Rate: A rate of 30% plus surcharge and cess applies to residents of Notified Jurisdictional Areas.

Members holding shares under multiple accounts with a single PAN will be taxed at the higher applicable rate across all holdings. Joint shareholders must have the first-named holder submit the requisite documents.