Alka Securities has received an approval for sale and transfer of share broking, share investment and stock exchange business along with the rights to the membership card to Yasu Tradeinvest by way of business transfer/ slump sale. The board at its meeting held on February 14, 2012 has approved for the same.
Further, the same shall be subject to the approval of the shareholders pursuant to the provisions of the Companies Act, 1956.
Alka Securities (ASL), the flagship of the group, is one of the leading fixed income brokerage houses in the country. The company activity involves institutional and private client stock broking in equities and debt, corporate finance, mutual fund distribution and online trading.
