Systematix Corporate Services Ltd — Updates, 13-05-2025: Company Update

Systematix Corporate Services Limited has announced a board meeting on which it made an investment of Rs. 24.99 Cr through a rights issue in its wholly owned subsidiary, Systematix Shares and Stocks (India) Limited (SSSIL). SSSIL operates as a SEBI-registered intermediary engaged in broking, depository participant services, portfolio management, research analysis, and mutual fund distribution. The investment via subscription to 14,81,000 equity shares at Rs. 168.80 each will support SSSIL’s working capital requirements. SSSIL reported a turnover of Rs. 79.24 Cr in FY24 and continues as a wholly owned subsidiary of Systematix.