DB International Stock Brokers to hold EGM for business transfer

DB International Stock Brokers Ltd has announced its 1st Extra-Ordinary General Meeting (EGM) for FY 2026-27, scheduled for November 18, 2026. The primary agenda is to consider and approve the proposed transfer of the company's retail client business, excluding proprietary trading and HNI client business, to Choice Equity Broking Private Limited and Choice Wealth Private Limited. The retail Trading Business and Depository Participant (DP) Business will be transferred to Choice Equity Broking for ₹4.50 Crores, and the Mutual Fund Distribution Business and other Financial Products Distribution Business will be transferred to Choice Wealth for ₹0.50 Crores, totaling ₹5.00 Crores. The meeting will be conducted via Video Conferencing/Other Audio-Visual Means.