Disclousre under Regulation 30 informing the incorporation of Step down wholly owned subsidiary company is enclosed herewith for your reference and record.
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NDA Securities Ltd has informed the exchanges that a new company called Alternative Securities Marketplace Limited has been incorporated on 16-02-2025 as a step-down wholly owned subsidiary. The new entity sits under NDA Capital Advisors Private Limited, which itself is a wholly owned subsidiary of NDA Securities, making this a fully owned entity within the group. The new company has an authorized share capital of ₹1 crore and a paid-up share capital of ₹10 lakh, and will operate in the financial services / capital markets space. The disclosure has been made under SEBI Listing Regulations (Regulation 30) to keep the exchanges informed.
This is a group-level restructuring move with no immediate dilution for existing shareholders, as the new company is entirely owned within the NDA Securities group. It signals the company's intent to expand into capital market-related services, which could support future growth but offers no near-term revenue or earnings impact.