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LKP Securities LtdImportant, 23-09-2025: Company Update

23-09-2025 | 05:34 pm

LKP Securities announced an additional Rs. 0.50 Cr investment in its wholly-owned subsidiary, LKP IFSC Private Limited, by subscribing to a rights issue of 5,00,000 equity shares at par. This funding aims to bolster LKP IFSC's operations in broking and Alternative Investment Fund services at Gift City. The transaction, classified as a related party deal, was conducted at arm's length. LKP IFSC will remain a 100% wholly-owned subsidiary, continuing its business growth. For the last financial year, LKP IFSC reported a turnover of approximately Rs. 0.04 Cr. This move underscores LKP's strategic focus on expanding its financial services portfolio.

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