Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('LODR Regulations'), we wish to inform you that the Board of Directors of NDA ....
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NDA Securities Ltd's Board of Directors, at a meeting held on June 10, 2025, approved two key items. First, the company will invest in NDA Research and Technologies Private Limited by subscribing to equity shares, making it a Wholly Owned Subsidiary (WOS). Second, the Corporate Office will be shifted from E-157, 2nd Floor, Kalkaji, New Delhi-110019 to Office No. 307, 3rd Floor, D-Mall, Pitampura, Netaji Subhash Place, New Delhi-110034, effective immediately. The move is stated to be for administrative convenience and better operational efficiency. No financial details regarding the quantum of investment were disclosed in this filing.
For shareholders, the creation of a Wholly Owned Subsidiary signals potential business expansion or diversification, though the absence of investment amount limits clarity on scale. The office relocation is a routine administrative change with no direct material impact on operations or stock price.