Ashika Credit Capital Limited announced that in view of the outbreak of COVID-19 and the related directives received from the Central & State Governments and local bodies in this regard, all operations of the company in its' Registered Office, Branch Office and Corporate Office have been disrupted with effect from March 24, 2020. Keeping in mind the above, the practical constraints of continuing operations and the safety and health of it's' employees and other stakeholders, the company has suspended its' operations and therefore, has adopted Work from Home' approach in its stead for all its employees. The company is closely monitoring the situation and will decide on resuming its operations based on further directives from the Government keeping in view the interests of the Company, health of employees and other stakeholders. The expected financial impact of the aforementioned suspension of operations is not ascertainable at this stage.