Please find enclosed herewith disclosure of proposed incorporation of Wholly-Owned Subsidiaries.

Ashika Global Securities Limited (Formerly, Ashika Credit Capital Limited) CIN: L67120WB1994PLC062159 2nd September, 2026 General Manager Department of Corporate Service BSE Ltd Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400001 Scrip Code: 543766 Respected Sir/ Madam, Sub: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on sponsoring /setting up of Mutual Fund Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that SEBI vide its letter dated 2nd September, 2026 has extended the validity of the in-principle approval for sponsorship & set up of the proposed Mutual Fund for a period of six months from 29th June 2026. The final approval for registration will be granted by SEBI subject to fulfilment by the Company the requirements set out in the said letter within aforesaid period. Accordingly, the Company shall proceed with the steps for setting up of proposed Mutual Fund, including incorporation/ establishment of the Asset Management Company and the Trustee Company, as applicable, in accordance with the applicable SEBI Mutual Funds Regulations and other applicable laws, rules and regulatory requirements. The detailed disclosure as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, is enclosed herewith as Annexure – A & B. You are requested to take note of the same. Thanking you, Yours truly, For, Ashika Global Securities Limited (formerly Ashika Credit Capital Limited (Anju Mundhra) Company Secretary and Compliance Officer FCS: 6686 Registered Office: Trinity, 226/1, A.J.C. Boss Road, 7th Floor, Kolkata 700 020 | T: +91 33 4010 2500 | secretarial@ashikagroup.com Corporate Office: Altimus, Level 35, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018 | T: +91 22 6372 0000 | ashika@ashikagroup.com www.ashikagroup.com Growing and Sharing with you Ashika Global Securities Limited (Formerly, Ashika Credit Capital Limited) CIN: L67120WB1994PLC062159 Annexure – A Details required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Particulars Details 1 Name of the entity, date & country of incorporation, etc. Name of the proposed entity: “Ashika Global Asset Management Private Limited” or any other name as approved by Ministry of Corporate Affairs (MCA). Date of Incorporation: N.A., as the entity is yet to be incorporated. Country of Incorporation: Proposed to be Incorporated in India. 2 Name of holding company of the incorporated company The proposed entity, upon incorporation, will become a Wholly- and relation with the listed entity Owned Subsidiary (WOS) of Ashika Global Securities Limited (AGSL) (formerly, Ashika Credit Capital Limited) and consequently a related party in terms of applicable regulations. 3 Industry to which the entity being incorporated belongs Financial Services – Asset Management 4 Brief background about the entity incorporated in terms Currently not applicable since the Company is yet to be of products / line of business incorporated. Further The proposed Company shall act as an Asset Management company to the Mutual Fund. 5 Brief details of any governmental or regulatory The sponsor has received in principle approval from SEBI for setting approvals required for the incorporation up Mutual Fund and in this regard the company shall seek further necessary regulatory approvals for setting up of the company, if any required. 6 Nature of consideration - whether cash consideration or Cash consideration share swap and details of the same; 7 Cost of subscription / price at which the shares are The initial share capital to be subscribed at the time of incorporation subscribed shall be at face value. 8 Percentage of shareholding / control acquired and / or 100% subscription to the share capital of the proposed WOS. number of shares allotted Registered Office: Trinity, 226/1, A.J.C. Boss Road, 7th Floor, Kolkata 700 020 | T: +91 33 4010 2500 | secretarial@ashikagroup.com Corporate Office: Altimus, Level 35, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018 | T: +91 22 6372 0000 | ashika@ashikagroup.com www.ashikagroup.com Growing and Sharing with you Ashika Global Securities Limited (Formerly, Ashika Credit Capital Limited) CIN: L67120WB1994PLC062159 Annexure – B Details required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Particulars Details 1 Name of the entity, date & country of incorporation, etc. Name of the proposed entity: “Ashika Global Trustee Company Private Limited” or any other name as approved by Ministry of Corporate Affairs (MCA). Date of Incorporation: N.A., as the entity is yet to be incorporated. Country of Incorporation: Proposed to be Incorporated in India. 2 Name of holding company of the incorporated company The proposed entity, upon incorporation, will become a Wholly- and relation with the listed entity Owned Subsidiary (WOS) of Ashika Global Securities Limited (AGSL) (formerly, Ashika Credit Capital Limited) and consequently a related party in terms of applicable regulations. 3 Industry to which the entity being incorporated belongs Financial Services – Trustee Services / Trust Management 4 Brief background about the entity incorporated in terms of Currently not applicable since the Company is yet to be products / line of business incorporated. The proposed Company shall act as a Trustee Company to the Mutual Fund. 5 Brief details of any governmental or regulatory approvals The sponsor has received in principle approval from SEBI for required for the incorporation setting up Mutual Fund and in this regard the company shall seek further necessary regulatory approvals for setting up of the company, if any required. 6 Nature of consideration - whether cash consideration or Cash consideration share swap and details of the same; 7 Cost of subscription / price at which the shares are The initial share capital to be subscribed at the time of subscribed incorporation shall be at face value. 8 Percentage of shareholding / control acquired and / or 100% subscription to the share capital of the proposed WOS. number of shares allotted Registered Office: Trinity, 226/1, A.J.C. Boss Road, 7th Floor, Kolkata 700 020 | T: +91 33 4010 2500 | secretarial@ashikagroup.com Corporate Office: Altimus, Level 35, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018 | T: +91 22 6372 0000 | ashika@ashikagroup.com www.ashikagroup.com Growing and Sharing with you