Shardul Securities has received approval for the purchase of entire equity share capital of Shriyam Realtors, a step-down subsidiary of the company, held by Shriyam Broking Intermediary, a wholly owned subsidiary of the Company, and make Shriyam Realtors a direct wholly owned subsidiary of the company. Cost of acquisition is around Rs 1.5 crore. The said acquisition is expected to be completed by March 31, 2025. The Board of Directors of the company at its meeting held on February 12, 2025, has approved the same.
Shardul Securities is engaged in Investment in Equity, and trading in Bonds, Mutual Funds, Govt Securities and Treasury Bills, Commercial Papers, Certificate of Deposits, Derivatives including Options and Futures.
