The Board of Directors of Ashika Credit Capital Ltd. has considered and taken the following actions: 1) Approval of un-audited financial results for the quarter ended June 30, 2023, 2) Appointment of Mr. Ajay Pratapray Shanghavi as an Independent Director for a term of two years, starting September 1, 2023, 3) Appointment of Mr. Tapan Sodani as an Independent Director for a term of one year, starting September 1, 2023, 4) Approval of voluntary delisting of equity shares from MSEI and CSE, 5) Approval of policy amendment regarding determination of materiality for disclosure of events or information.