BN Rathi Securities Ltd Terminates Agreement with PCS Securities and Withdraws Business Transfer Proposal from SVCM Securities

BN Rathi Securities Ltd has terminated its agreement with PCS Securities due to non-fulfilment of KYC norms by certain clients. The proposed transfer of demat accounts from PCS Securities was cancelled by CDSL. Additionally, the company has withdrawn its business transfer proposal from SVCM Securities as the latter decided to continue its business independently with no response to the proposal for transfer of accounts.