we hereby inform you that the company has executed an agreement with M/s PCS securities Limited for transfer of Benefial owners ( DP ) accounts from M/s Pcs securities Limited to B N Rathi ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
B N Rathi Securities Limited has signed an agreement with PCS Securities Limited to transfer PCS Securities' Beneficial Owner (DP) accounts to B N Rathi Securities. This effectively means clients of PCS Securities will be moved to B N Rathi as their new depository participant. The disclosure has been made under SEBI Listing Regulations. No financial details, shareholding, or related party connections are mentioned in the filing. The company is a member of NSE, BSE, and MCX and offers equity, derivatives, currency, and depository services.
This is a client-account transfer arrangement that could modestly expand B N Rathi Securities' depository customer base, but no financial value, number of accounts, or revenue impact has been disclosed, so the near-term effect on shareholders is likely neutral.