BSE lists 4,03,52,586 new shares of Ashika Credit Capital under composite scheme
The 4,03,52,586 shares, issued under a composite scheme merging Ashika Commodities and Ashika Global into ACCL, will trade from July 1, 2026, carrying identical rights as existing shares.
What changed
- BSE listed 4,03,52,586 equity shares (₹10 each) of Ashika Credit Capital from a composite scheme of arrangement.
- Shares rank pari-passu with existing equity, trading from July 1, 2026 under the same scrip code and ISIN.
- Amalgamation consolidates Ashika Commodities and Derivatives Pvt Ltd and Ashika Global Securities Pvt Ltd into ACCL.
The read
BSE listed 4,03,52,586 equity shares of Ashika Credit Capital on Wednesday, July 1, 2026, issued under a court-approved composite scheme of arrangement that folded Ashika Commodities and Derivatives Pvt Ltd and Ashika Global Securities Pvt Ltd into the company. The shares, of face value ₹10 each, carry identical rights to the existing equity — same scrip code, same ISIN. For the listed entity, the move increases its share capital on the exchange by 4,03,52,586 shares. While the listing is procedural, the scheme consolidates two entities into one, potentially boosting the stock's free float and liquidity.
Primary source: official circular (PDF)