Ashika Global Securities Ltd. Summary
Ashika Global Securities Limited was initially incorporated as Ashika Credit Capital Private Limited on March 8, 1994 as a Private Limited Company. It became a Public Limited Company and changed to Ashika Credit Capital Limited on September 3, 1996. Upon the amalgamation of the Company, the name has been changed to Ashika Global Securities Limited on 23rd June, 2026.
The Company is a RBI-registered, non-deposit-taking Middle Layer NBFC, categorised as NBFC-ICC, delivering a comprehensive suite of investment and lending solutions. With over three decades of experience in Indias financial markets, the Company has established itself as a trusted, research-driven institution serving corporates, institutions, high-net-worth individuals, and retail investors.In 2000, the Company floated its shares to the public and was subsequently became a listed entity. In 2023, Company got its securities Listed on Main Board of BSE Platform, effective 14 February 2023.
The Company diversified the business beyond traditional lending. It initiated the applications to sponsor an Alternative Investment Fund (AIF) Category-II and a Mutual Fund, alongside plans to establish an Asset Management Company and Trustee Company in FY 2025. The Company acquired 51% equity shares of Ashika Private Equity Advisors Pvt Ltd (APEAPL), making it a subsidiary w.e.f.
21st January, 2025.Pursuant to the approval of Shareholders on 21st March, 2025, Company added a new object clause in the main objects of the Memorandum of Association (MOA) of the Company, which is in sync with the existing main activities of the Company as permitted under law, i.e., investment and financing activities. Yaduka Financial Services Limited has merged into the Company, making the Scheme effective from November 18, 2025. Similarly, Ashika Commodities & Derivatives Private Limited, a wholly owned subsidiary of the Company has merged with and into the Company on May 15, 2026.Subsequently, the Company has amalgamated with and into Ashika Credit Capital Limited from April 1, 2025.
AGSL was upgraded from RBIs Base Layer to the Middle Layer NBFC framework, expanding its capacity for larger lending, institutional mandates, and investment portfolio growth in FY 2026.