SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Ashika Global Securities informs about acquisition

15 Feb 2020 Evaluate

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.

Peers
Company Name CMP
Bajaj Finance 1007.00
Shriram Finance 1005.75
Aditya Birla Capital 391.55
Chola Invest & Fin. 1716.75
Tata Capital 337.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: