Ashika Global Securities to acquire 26% stake in Resurgent India Rating

Ashika Global Securities (formerly, Ashika Credit Capital), at its meeting held on 3 July 2026, has considered and approved to infuse in one or more tranches, an amount not exceeding Rs 26,000 and shall execute a Share Purchase Agreement (SPA), for proposed acquisition of 26% equity stake in Resurgent India Rating (RIRPL), a company incorporated to carry on the business of a Credit Rating Agency (CRA).