Ashika Credit Capital Ltd Allots 4.03 Crore Shares Post Amalgamation

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AuthorKavya Nair|Published at:
Ashika Credit Capital Ltd Allots 4.03 Crore Shares Post Amalgamation
Overview

Ashika Credit Capital Limited has completed the allotment of 4.035 crore shares and cancellation of 1.135 crore shares post a composite amalgamation scheme. Promoter stake increased to 74.52%.

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Ashika Credit Capital Completes Share Allotment Post Amalgamation

Ashika Credit Capital Limited has recorded the allotment of 4.035 crore equity shares and cancellation of 1.135 crore shares following a composite scheme of amalgamation.

Reader Takeaway: Corporate consolidation achieved; promoter control strengthened amidst share capital increase.

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