Rikhav Securities gets nod to acquire equity shares of RSL Insurance Brokers
The Board of Directors of the company in their meeting held on September 06, 2025, has inter alia apart from other general business, considered and approved the same
Rikhav Securities has received approval for the acquisition of 49,980 Equity Shares of Rs 5.39 each (99.96%) of RSL Insurance Brokers by way of share transfer, consequent to which it stands recognized as a subsidiary of the company. The indicative time period for completion of the acquisition is around 15 to 30 days. RSL Insurance Brokers is in Insurance sector and yet to obtain the necessary regulatory licenses from the Authorities. Business shall be commenced after compliance with appropriate regulatory authorities.
The Board of Directors of the company in their meeting held on September 06, 2025, has considered and approved the same.
Rikhav Securities is engaged in the business of equity broking, investing, and trading activities.
