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Corporate News

Ashika Global Securities secures six-month SEBI approval to launch a mutual fund
02-Sep-2026, 08:54

Ashika Global Securities Limited, formerly Ashika Credit Capital Limited, received an extension of validity from the Securities and Exchange Board of India (SEBI) for its in-principle approval to sponsor and set up a mutual fund, now valid for six months from June 29, 2026. The company will proceed with establishing an Asset Management Company and a Trustee Company, both as wholly-owned subsidiaries, in accordance with SEBI regulations.