One Mobikwik Systems Limited has informed the Exchange about the granting of Certificate of Registration as stock broker/clearing member to Mobikwik Securities Broking Private Limited (wholly-owned subsidiary of the Company) under the SEBI (Stock-Brokers) Regulations, 1992
MOBIKWIK · price
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One Mobikwik Systems Limited announced that its wholly-owned subsidiary, Mobikwik Securities Broking Private Limited (MSBPL), has received a Certificate of Registration from SEBI to operate as a stock broker and clearing member under the SEBI (Stock-Brokers) Regulations, 1992. The certificate is valid from July 01, 2025, with no expiry date. This approval allows MSBPL to buy, sell, or deal in securities, as well as handle clearing and settlement of trades. This is a follow-up to the company's earlier communication dated March 26, 2025, and is a regulatory clearance from the Securities and Exchange Board of India. No financial impact or revenue guidance has been disclosed in this filing.
This is a strategic business expansion for Mobikwik into securities broking through its subsidiary, potentially diversifying revenue streams beyond its core payments and digital wallet business. While the immediate financial impact is unclear, it positions the company to tap into India's growing retail investing market.