GSB Finance Ltd — Important, 12-09-2025: Company Update
12-09-2025 | 05:37 pm
12-09-2025 | 05:37 pm
GSB Finance announced it has received Reserve Bank of India approval for the acquisition of 55.25% of its paid-up equity capital and control. A group of acquirers, comprising Vivek Kumar Singhal, Kshitij Agarwal, Nivesh Mandi Private Limited, and Stock Mandi, can now complete this significant ownership change, following previous public announcements. This regulatory clearance is a pivotal development, allowing the new promoter group to take over, which is expected to shape the company's future strategic direction and operations. The approval is subject to certain standard conditions.
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