Ashika Global Securities Credit Rating
CARE Ratings upgraded the credit ratings of Ashika Global Securities Limited's material subsidiary, Ashika Stock Services Limited. The upgrade applies to multiple bank facilities and commercial paper.
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CARE Ratings upgraded the credit ratings of Ashika Global Securities Limited's material subsidiary, Ashika Stock Services Limited. The upgrade applies to multiple bank facilities and commercial paper.
Ashika Global Securities Limited has appointed J K V S & Co., Chartered Accountants, as the company's Statutory Auditor for a term of 36 months.
Ashika Global Securities held its 33rd Annual General Meeting on September 19, 2026. All resolutions, including dividend declaration and QIP fund-raising approval, were passed.
Ashika Global Securities acquires 100% of newly formed Ashika Global Trustee Company for ₹0.10 Crore. The entity will act as a mutual fund trustee, pending SEBI approval.
AGSL acquires 100% of newly formed Ashika Global Asset Management Pvt Ltd for ₹60 Crore. The entity will operate as an AMC for its mutual fund business.
Ashika Global Securities discloses incorporation of two WOS—AGAMPL (AMC) and AGTCPL (Trustee)—for mutual fund operations. Both are 100% owned and await SEBI approvals to commence business.
Ashika Global Securities appointed a new Independent Director and Executive Director to its unlisted material subsidiary, Ashika Stock Services Limited, effective September 3, 2026.
Ashika Global Securities will incorporate two wholly-owned subsidiaries, an Asset Management Company and a Trustee Company, to launch its proposed Mutual Fund business.
Ashika Global Securities Q1FY27 presentation details its transformation into a diversified financial services hub following a May 2026 amalgamation that lifted net worth 2.7x to ₹1,169 Cr.
Ashika Global Securities Ltd reported revenue from operations of ₹168.7 Cr (+43.3% YoY) and net profit of ₹101 Cr (+15.4% YoY) for Q1 FY27.
Ashika Credit Capital Ltd reported FY26 consolidated revenue of ₹25,409 Lakhs, a 9.28% YoY increase. The company is transitioning into a diversified financial powerhouse through a major structural merger and NBFC categorization upgrade.
Ashika Global Securities Ltd reported revenue from operations of ₹49.8 Cr (+14.0% YoY) and a net loss of ₹35.5 Cr for Q4 FY26.