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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Ashika Credit Capital Ltd

Ashika Global Securities Converts Warrants, Raises ₹9.13 Crore Equity Capital

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 29 Jun 2026, 12:04 PM IST  ·  BSE ID: 64c3fb7a-920a-464e-ab3b-42043bb36756
View Original BSE Filing (PDF)
💡
In Simple Terms
The company converted some warrants into shares, bringing in ₹9.13 Crore and increasing its total share capital.
🤖 AI Summary
  • Ashika Global Securities converted 2,00,000 warrants, raising ₹9.13 Crore in equity capital.
  • The conversion involves 2,00,000 Equity Shares at an issue price of Rs. 609/- each.
  • This event increases the company's paid-up equity share capital to ₹73,92,55,670.
  • The company forfeited 16,00,000 Equity Convertible Warrants due to non-exercise.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Equity Shares allotted
2,00,000
Issue Price per Equity Share
Rs. 609/-
Amount received from conversion
₹9,13,50,000/-
Total Paid-up Equity Share Capital
₹73,92,55,670/-
Number of Equity Convertible Warrants forfeited
16,00,000
🏢 How This Affects the Company
📈
Business Impact
The conversion of warrants into equity shares increases the company's capital base. No impact on immediate business operations is indicated.
💰
Financial Impact
Paid-up equity share capital increases by ₹20,00,000 (2,00,000 shares x Rs. 10 face value). Total equity share capital rises to ₹73,92,55,670. The company received ₹9,13,50,000 from this conversion.
⚠️
Risk Impact
The forfeiture of 16,00,000 warrants suggests a portion of potential future capital did not materialize. This removes the obligation for the company to issue these shares.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders concerning this warrant conversion and allotment.
👤
Who Is Affected
Shareholders are affected by the dilution of their percentage holding due to the allotment of 2,00,000 new equity shares.
🔍
Management Signal
Management is actively utilizing preferential allotment and warrant conversion mechanisms to raise capital.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Application for listing and trading approval of new equity shares.
Next quarterly results announcement for financial performance update.
Disclosure of updated promoter and public shareholding patterns.
LOW RISK Routine capital raise event via warrant conversion with clear financial impact.
💡 Investor Takeaway
Ashika Global Securities converted 2,00,000 warrants into equity, raising ₹9.13 Crore. Paid-up capital increased by ₹20 Lakhs, total to ₹73,92,55,670. 16,00,000 warrants were forfeited.
⚖️ Strengths & Concerns

✅ Positives

  • Successful conversion of 2,00,000 warrants resulting in ₹9.13 Crore capital infusion for the company.
  • Enhancement of paid-up equity share capital to ₹73,92,55,670 with allotment of new shares.

⚠️ Concerns

  • Forfeiture of 16,00,000 Equity Convertible Warrants indicates a loss of potential capital of ₹96,14,40,000 (16,00,000 warrants x Rs. 609/- issue price).
❓ Frequently Asked Questions
How much capital did Ashika Global Securities raise through warrant conversion?
Ashika Global Securities raised ₹9,13,50,000/- (Nine Crores Thirteen Lacs Fifty Thousand Only) through the conversion of 2,00,000 warrants.
What is the new total paid-up equity share capital of Ashika Global Securities?
Following the conversion, the company's paid-up equity share capital stands increased to ₹73,92,55,670/-.
How many warrants did Ashika Global Securities forfeit?
The company forfeited 16,00,000 Equity Convertible Warrants due to non-exercise within the specified period.
What was the issue price for the converted warrants?
The 2,00,000 Equity Convertible Warrants were converted at an issue price of Rs. 609/- each.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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