Ashika Credit Capital Limited (ACCL) has reported robust financial results for the second quarter, alongside announcing strategic expansions into new business verticals.

Financial Performance

ACCL posted impressive standalone financial results:

The company's performance shows significant growth, with total income for H1 FY2025-26 reaching ₹8,801.76 lakhs.

Strategic Expansion Initiatives

In a series of strategic moves, ACCL's Board of Directors has approved the formation of three wholly-owned subsidiaries:

1. Wealth Management & Advisory Business: A new subsidiary will be incorporated to enter the wealth management and advisory services sector, subject to SEBI approval.

2. Insurance Business: ACCL plans to establish a subsidiary for insurance-related activities as a Corporate Agent (Composite), pending IRDAI approval.

3. Custodial Services: The company will form a subsidiary to provide custodial services, subject to SEBI approval.

These initiatives mark ACCL's efforts to diversify its portfolio and tap into new revenue streams in the financial services sector.

Additional Business Developments

• The Board has authorized exploration of business opportunities in the IFSC Unit, GIFT City, Gujarat.
• ACCL has withdrawn its proposal to acquire an additional 24.5% stake in its subsidiary, Ashika Private Equity Advisors Pvt. Ltd.
• The Merger & Acquisition Committee has been reconstituted.

Financial Stability and Growth

As of September 30, 2025, ACCL's standalone financial position remains strong:

• Total Assets: ₹62,956.94 lakhs
• Total Equity: ₹61,879.64 lakhs

The company's robust balance sheet and strategic initiatives position it well for future growth in the evolving financial services landscape.

Management Commentary

Pawan Jain, Chairman of Ashika Credit Capital Limited, stated, "Our Q2 results reflect the company's strong financial foundation and growth trajectory. The decision to form new subsidiaries aligns with our vision to expand our service offerings and capture emerging opportunities in the financial sector."

ACCL's strategic moves and solid financial performance indicate its commitment to diversification and sustainable growth in the competitive financial services industry.

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.