02-Nov-2026 19:41:51

RAJSECGeneral news

RAJASTHAN SECURITIES : TO FORM WHOLLY OWNED SUBSIDIARY WITH RS 1 CR CAPITAL

• Board approved incorporation of a wholly owned subsidiary in India at its meeting held on 2 November 2026 • Initial capital in cash; subscription to equity share capital up to ₹1,00,00,000 (₹1 Cr), proposed authorised and paid-up capital at ₹1,00,00,000 • WOS to carry on general trading, trading in securities and allied business, in line with the company's main business • Company will hold 100% shareholding in the WOS, except nominee shareholding as required under law • Incorporation subject to MCA and other statutory or regulatory approvals; name to be approved by MCA

Rajasthan Securities Ltd

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