tiprankstipranks
Advertisement
Advertisement

Systematix Corporate Services Injects Rs 4.5 Crore into Wealth & Asset Services Arm

Story Highlights
  • Systematix invests Rs 4.5 crore into its wholly owned wealth subsidiary via rights issue.
  • The capital infusion supports SWASPL’s working capital to scale AIF and wealth services.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Systematix Corporate Services Injects Rs 4.5 Crore into Wealth & Asset Services Arm

Claim 55% Off TipRanks

An announcement from Systematix Corporate Services Limited ( (IN:SYSTMTXC) ) is now available.

Systematix Corporate Services Limited has injected Rs 4.5 crore into its wholly owned subsidiary Systematix Wealth & Asset Services Private Limited by subscribing, via a rights issue, to 4.5 million equity shares of Rs 10 each at par. The capital infusion, structured as a related-party transaction on an arm’s-length basis, is aimed at meeting the working capital requirements of SWASPL, which focuses on alternative investment funds, wealth management and financial product distribution and reported nil turnover for the year ended March 31, 2025; the move underscores Systematix’s intent to strengthen and scale its wealth and asset services platform without altering its existing ownership control in the subsidiary.

More about Systematix Corporate Services Limited

Systematix Corporate Services Limited is a SEBI-registered merchant banker operating in the capital markets, with a focus on investment banking and related financial services. Through its wholly owned subsidiary Systematix Wealth & Asset Services Private Limited (SWASPL), the group is also positioned in alternative investment funds, wealth management and distribution of diverse financial products, aligning its offerings with broader capital market and investment advisory activities.

Average Trading Volume: 93,510

Technical Sentiment Signal: Hold

Current Market Cap: 11.32B INR

For an in-depth examination of SYSTMTXC stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1