One Mobikwik Systems Limited has informed the Exchange that Mobikwik Securities Broking Private Limited has received approval for Commencement of Business as Trading Member on BSE Limited
MOBIKWIK · price
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Mobikwik's wholly-owned subsidiary, Mobikwik Securities Broking Private Limited, has received approval from BSE Limited to commence business as a Trading Member. This is an update to earlier disclosures — the subsidiary was incorporated in March 2025 and received its stock broker/clearing member registration in July 2025. With this latest approval, the subsidiary can now begin actual trading operations on BSE. The intimation was made under SEBI's Listing Obligations and Disclosure Requirements regulations.
This marks a key milestone in Mobikwik's push into the broking and securities business, potentially adding a new revenue stream beyond its core payments and lending operations. For shareholders, it signals business diversification, though actual contribution to financials will depend on how quickly the subsidiary scales up trading activity.