With reference to submission made on 13.02.2020 and in context of mail dated 14.02.2020, stating to mention the execution date of transaction, Ashika Global Securities has informed that the company has acquired 1606900 (13.52%) equity shares of Ashika Credit Capital, target company on 13.02.2020 (transaction date), pursuant to the approval of scheme of Arrangement by Honorable National Company Law Tribunal (NCLT), Kolkata Bench, through its final order dated 14.01.2020. The details of transaction are mentioned in the enclosed disclosure. In this regard the company has enclosed the disclosure under Regulation 10(6) in respect of aforesaid acquisition made in reliance upon exemption provided for in Regulation 10(1) (d) (iii) of SEBI (substantial Acquisition of Shares and takeovers) Regulations, 2011 and amendments thereof.
The above information is a part of company’s filings submitted to BSE.
