Mefcom Capital Sells Subsidiary Mefcom Securities for ₹2.57 Cr

Mefcom Capital Markets Ltd. has divested its entire shareholding in its subsidiary, Mefcom Securities Limited, to Mr. Vijay Mehta, the company's Promoter and Managing Director. The transaction, based on a valuation report dated August 13, 2026, involved the transfer of 29,99,800 equity shares at ₹8.58 per share, totaling ₹2,57,88,480. The sale was completed on September 17, 2026. Mefcom Securities contributed 4.51% to Mefcom Capital's turnover and 3.31% to its net worth in the last financial year. The company confirmed this is a related party transaction conducted at arm's length.