ASHIKA GLOBAL : COMPLETES ACQUISITION OF 26% STAKE IN RESURGENT INDIA RATING

• Company completed acquisition of 26% equity shareholding in Resurgent India Rating Private Limited (RIRPL) • RIRPL has become an associate company of Ashika Global Securities post acquisition • Cash consideration; 2,600 equity shares at face value of ₹10 each, totalling ₹0.26 L • Target is a Gurgaon-based credit rating agency incorporated on 3 February 2026, with turnover NIL (newly incorporated) • Acquisition is part of strategy to expand presence across the financial services sector; no regulatory approval required • Transaction is not a related party transaction

Ashika Global Securities Ltd

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