New Launch17 Dec 2025, 02:54 pm
BN Rathi Securities Ltd. to Transfer Business from SVCM Securities and Establish Merchant Banking Division
AI Summary
BN Rathi Securities Ltd. announced that its Board of Directors approved the transfer of business from SVCM Securities Private Limited and the establishment of a new business division titled 'Merchant Banking Division'. The transfer of business includes client accounts from SVCM Securities to BN Rathi Securities, and is subject to the approval of NSE, BSE, MCX, CDSL, and other applicable authorities. The new Merchant Banking Division is in the process of registration with SEBI.
Key Highlights
- Transfer of business from SVCM Securities Private Limited to BN Rathi Securities Ltd.
- Establishment of a new business division titled 'Merchant Banking Division'
- Subject to approval from NSE, BSE, MCX, CDSL, and other applicable authorities
- Transfer includes client accounts (Demat and trading accounts)
- Merchant Banking Division is in the process of registration with SEBI