Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (‘Listing Regulations’), DB (International) Stock Brokers has informed that the Board of Directors of the Company, at its meeting held today, Thursday, September 17, 2026, has considered and approved the proposal for transfer of the Company’s major client business, including business relating to Trading, Depository Participant, Mutual Fund and other financial products, to a suitable prospective buyer, subject to the approval of the shareholders of the Company at the Extra-ordinary General Meeting and such other regulatory approvals, consents and permissions as may be required under applicable laws and regulations. In this connection, the Board has authorised Narayan Daga, Chairman & Managing Director, to identify and engage with prospective buyers and to discuss, negotiate and finalise the commercial and other terms and conditions of the proposed transaction, and, subject to the approval of the Board wherever required and applicable statutory, regulatory and other approvals, to enter into and execute the requisite Memorandum of Understanding (‘MoU’), agreements, documents and other writings in connection therewith. The proposed transaction shall be undertaken strictly in accordance with applicable laws, rules and regulations and shall be subject to such terms, conditions and approvals as may be applicable from time to time. Further, the detailed disclosure under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended from time to time, shall be made to the Stock Exchanges as and when determined by the Board, in accordance with applicable laws and regulatory requirements. The above information is also available on the Company’s website at www.dbonline.in, and on the websites of the Stock Exchanges at www.nseindia.com and www.bseindia.com. The meeting of the Board of Directors commenced at 09:30 AM and concluded at 10:13 AM.
