Intimation of Admission as Deposit Based Trading Member of Ratnakar Securities Limited (Formerly Known Mangalya Soft-Tech Limited ) in Cash Segment
Awaiting price reaction for this filing.
BSE has approved Ratnakar Securities Limited as a Deposit Based Trading Member in the Cash Segment, effective January 2, 2026. This follows the amalgamation of Ratnakar Securities Pvt. Ltd. (Member No. 3251) with the listed entity Mangalya Soft-Tech Ltd., which has now been renamed to Ratnakar Securities Limited. The trading member number remains the same at 3251, meaning the broking membership has simply been transferred to the new merged entity. With this approval, the merged listed company can now directly carry out cash segment trading activities on BSE under its own name.
This is a procedural milestone that completes the operational integration of the broking business into the listed entity, allowing consolidated revenue and earnings from trading activities to flow directly into Ratnakar Securities Limited. For shareholders, it strengthens the business profile but is unlikely to cause an immediate stock price move since the merger was already known.