the Board of directors in their meeting held on 17.12.2025 considered and approved the following : 1. 1. The proposal for transfer of business from M/s SVCM Securities Private Limited, ....
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The board of B.N. Rathi Securities, held on December 17, 2025, approved two key items. First, the transfer of business (client trading and demat accounts) from SVCM Securities Private Limited, a registered member of NSE, BSE, MCX and CDSL based in Mumbai, to the company. This is subject to approvals from the stock exchanges, MCX and CDSL. Second, the board approved setting up a new Merchant Banking Division, with an estimated investment of Rs. 25 lakhs towards SEBI registration. The two parties (SVCM and B.N. Rathi) are unrelated to each other's promoter groups, and no equity or share issuance is involved in the deal.
The business transfer will add new client accounts and could boost the company's broking revenues once approvals come through, while the new merchant banking division opens an additional fee-based income stream, though both moves are early-stage and pending regulatory clearances.