Ashika Credit Capital Limited (ACCL) has announced a significant corporate development that could reshape its business structure. The National Company Law Tribunal (NCLT), Kolkata Bench, has given its stamp of approval to the scheme of amalgamation between Yaduka Financial Services Limited (YFSL) and ACCL.

Key Details of the Amalgamation

The NCLT pronounced its order on November 4, 2025, sanctioning the amalgamation scheme. This corporate action involves the respective shareholders and creditors of both YFSL (the transferor company) and ACCL (the transferee company) under Sections 230 to 232 of the Companies Act, 2013.

Disclosure and Transparency

In line with regulatory requirements, ACCL has made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that it will share a copy of the pronounced order once it is uploaded on the NCLT website, demonstrating its commitment to transparency with investors and regulatory bodies.

Timeline of Events

To provide context on the progression of this corporate action, here's a timeline of key events leading up to the NCLT approval:

Implications and Next Steps

While the specifics of how this amalgamation will impact ACCL's operations and financial structure are yet to be detailed, such corporate actions typically aim to streamline operations, enhance efficiency, or consolidate resources. Shareholders and stakeholders of both ACCL and YFSL will be keenly awaiting further information on the implementation of this amalgamation and its potential benefits.

As the process unfolds, ACCL is expected to provide more details on the integration plan, any changes in shareholding structure, and the strategic rationale behind this corporate restructuring. Investors and market analysts will likely be monitoring these developments closely to assess the long-term implications for Ashika Credit Capital's business model and market position.

The company's proactive communication with the stock exchange and commitment to sharing the detailed NCLT order suggests a transparent approach to this significant corporate event. Stakeholders can expect further updates as ACCL moves forward with implementing the sanctioned scheme of amalgamation.

Ashika Credit Capital Limited has seen a significant reduction in the stake held by Maryada Barter Private Limited and its associates through a series of open market transactions. This move has resulted in a notable change in the company's shareholding pattern.

Key Details of the Share Disposal

Group Composition

The group of entities involved in this transaction includes:

• Maryada Barter Private Limited
• Pragya Mercantile Private Limited
• Various Hindu Undivided Families (HUFs)
• Individual stakeholders:
  • Tulsi Kumar Dugar
  • Rishabh Dugar
  • Rachita Dugar

Company Overview

This significant reduction in shareholding by Maryada Barter Private Limited and its associates may attract attention from market participants and could potentially impact the stock's trading dynamics. Investors and market analysts might closely monitor any further changes in the company's shareholding pattern or any strategic moves by the major shareholders.

It's important to note that while this transaction represents a substantial change in ownership, the overall impact on Ashika Credit Capital's operations and future prospects would depend on various factors beyond just the shareholding structure.