DB International Stock Brokers board approves transfer of major client business
- Board approved transfer of major client business to a prospective buyer
- Deal includes trading, DP services, mutual fund, and other financial products
- Transaction subject to EGM shareholder approval and regulatory consents
- Shiv Narayan Daga authorized to finalize terms and execute agreements

*this image is generated using AI for illustrative purposes only.
DB (International) Stock Brokers Limited Board of Directors approved the transfer of its major client business to a prospective buyer on September 17, 2026. The transaction is subject to shareholder approval at an Extra-ordinary General Meeting and necessary regulatory consents.
The company previously intimated the proposal under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on September 10, 2026. The outcome was disclosed pursuant to Regulation 30 of the same regulations.
Approved Transaction Details
The board authorized Mr. Shiv Narayan Daga, Chairman & Managing Director, to identify and engage with prospective buyers. He is empowered to negotiate and finalize commercial terms and execute requisite Memorandums of Understanding (MoU) and agreements.
The proposed transfer covers:
- Trading operations
- Depository Participant services
- Mutual Fund distribution
- Other financial products
Regulatory Status
DB (International) Stock Brokers Limited holds SEBI registration number INZ000179035 for capital market, F&O, and MCX activities. It operates as a CDSL Depository Participant (IN-DP-CDSL-266-2004) and Mutual Fund Distributor (ARN- 2116).
The detailed disclosure under Regulation 30 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, will be made to stock exchanges as determined by the board.
The board meeting commenced at 9:30 am and concluded at 10:13 am on September 17, 2026. Uttama, Company Secretary & Compliance Officer (Membership No.: A79993), signed the disclosure digitally at 10:14 am.
Historical Stock Returns for DB International Stock Brokers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.14% | 0.0% | -14.10% | +11.85% | +3.20% | +48.70% |
Who is the prospective buyer acquiring DB International's major client business, and what strategic synergy drives this transaction?
How might the transfer of trading and Depository Participant operations impact the company's future revenue streams and valuation?
What is the expected timeline for obtaining necessary regulatory consents from SEBI and other authorities?


































