Share India Securities Limited — JV/Acquisition, 26-06-2025: Acquisition
26-06-2025 | 05:14 pm
26-06-2025 | 05:14 pm
Share India Securities Limited has announced a board meeting to approve an investment of up to Rs 41 Cr to acquire up to 27 lakh shares of Master Trust Limited (MTL), raising its combined stake to 6.14%. MTL is a diversified financial services firm offering stock broking, PMS, insurance broking, and wealth management with a pan-India presence. This move aims to deploy surplus funds efficiently for attractive returns and maintain liquidity, supporting Share India’s capital allocation strategy without altering its core business focus.
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