LKP Securities is planning to acquire 5,00,000 equity shares of Rs 10 each at par aggregating to Rs 50 lakh by way of subscribing to the rights issue of LKP IFSC, the wholly owned subsidiary of the Company. LKP IFSC is engage in the business of broking as well Alternative Investment Fund at the gift city. The said acquisition is expected to be completed on or before October 7, 2025. There will be no change in shareholding of the company in LKP IFSC. LKP IFSC will continue to remain a 100% wholly owned subsidiary of the company.
LKP Securities is into the business of Share Broking. LKP offers a wide spectrum of services that includes Equity Broking in Cash and Derivatives, Internet based trading, Demat services & Research services.
| Company Name | CMP |
|---|---|
| Motilal Oswal Fin | 757.10 |
| Angel One | 280.70 |
| IIFL Capital Service | 282.55 |
| Nuvama Wealth | 1296.30 |
| Share India Sec. | 143.10 |
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