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Share India Securities Seeks Tribunal Approval for Amalgamation with Silverleaf Capital

Story Highlights
  • Share India Securities operates in financial services, offering stock exchange memberships.
  • The company filed for amalgamation with Silverleaf Capital, aiming to consolidate operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Share India Securities Seeks Tribunal Approval for Amalgamation with Silverleaf Capital

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Share India Securities Ltd ( (IN:SHAREINDIA) ) just unveiled an update.

Share India Securities Limited has filed a joint petition with the National Company Law Tribunal, Ahmedabad Bench, seeking approval for the amalgamation of Silverleaf Capital Services Private Limited with itself. This move is part of a strategic initiative to consolidate operations and potentially enhance market positioning, as indicated by the ‘No Adverse Observations’ received from the exchanges, suggesting a smooth regulatory process.

More about Share India Securities Ltd

Share India Securities Limited operates in the financial services industry, offering a range of services including membership in major Indian stock exchanges like NSE, BSE, MCX, NCDEX, and MSEI. The company is a depository participant with CDSL, a registered mutual fund distributor, and is recognized by SEBI as a research analyst and portfolio manager.

Average Trading Volume: 29,548

Technical Sentiment Signal: Sell

Current Market Cap: 28.01B INR

See more insights into SHAREINDIA stock on TipRanks’ Stock Analysis page.

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