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Madhusudan Securities gets nod to acquire 51% stake in Compliance Kart

27 May 2024 Evaluate

Madhusudan Securities has received approval for the acquisition/purchase of 51% stake in Compliance Kart. Henceforth, Compliance Kart will be considered as Subsidiary Company of Madhusudan Securities. The objectives of the acquisition are market expansion, service portfolio enhancement, operational synergies, revenue growth and strategic positioning. The Board of Directors of the company in their Board Meeting held on May 27, 2024, has approved the same.

Madhusudan Securities is incorporated with the object to carry on the business of trading in Goods & merchandise.


Peers
Company Name CMP
Bajaj Finserv 1769.00
TVS Holdings 12604.30
Cholamandalam Fin. 1401.90
Altius Telecom Infra 175.00
Kama Holdings 2233.20
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