Rikhav Securities Acquires 99.96% Stake in RSL Insurance Brokers for Rs. 2,69,392.20

Rikhav Securities Ltd. has approved the acquisition of 49,980 Equity Shares of Rs. 5.39 each (99.96%) of RSL Insurance Brokers Private Limited. The acquisition, which is on an arm's length basis, will cost Rs. 2,69,392.20. RSL Insurance Brokers Private Limited is a newly incorporated company in the Insurance (Financial Services) Industry. The acquisition is expected to be completed within 15 to 30 days. The company will acquire 99.96% stake in RSL Insurance Brokers Private Limited. RSL Insurance Brokers Private Limited was incorporated on 18/04/2025 and is yet to commence business after compliance with appropriate regulatory authorities.