Continental Securities Limited has announced plans to diversify its business operations, focusing on mutual funds, portfolio management services (PMS), and alternative investment funds (AIF) distribution.

Subsidiary Formation for Business Expansion

The company intends to form wholly-owned subsidiary companies to spearhead its expansion into new financial services sectors. These subsidiaries will focus on:

1. Mutual fund AUM acquisition
2. Portfolio Management Services
3. AIF distribution services

Targeted Growth in Mutual Fund AUM

Continental Securities has set a specific target for its mutual fund business:

This goal underscores the company's aim to establish a presence in the mutual fund industry.

Gold Loan Division Expansion

As part of its diversification strategy, Continental Securities also plans to expand its gold loan division. The company aims to establish additional branches, potentially increasing its geographical footprint and customer base in the gold loan segment.

Strategic Implications

This multi-pronged expansion strategy signals Continental Securities' intent to transform into a more comprehensive financial services provider. By diversifying into mutual funds, PMS, and AIF distribution, the company is positioning itself to capture a larger share of the wealth management market in India.

The planned expansion into these new business areas, coupled with the growth of its existing gold loan division, could potentially lead to increased revenue streams and a more diversified business model for Continental Securities Limited.

Investors and market watchers will likely monitor how effectively the company executes these plans and the impact on its financial performance in the coming quarters.

Continental Securities Limited, a player in the Indian financial services sector, has announced a significant change in its leadership team. The company's Board of Directors has appointed Hemant Gupta as the new Chief Financial Officer (CFO) and Key Managerial Personnel, effective October 31, 2025.

Key Details of the Appointment

Board Meeting and Approval

The appointment was approved during a board meeting held on October 31, 2025. The meeting commenced at 12:00 PM (IST) and concluded at 12:30 PM (IST). This decision aligns with the company's compliance with Section 203 of the Companies Act, 2013, read in conjunction with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

About Hemant Gupta

Hemant Gupta brings a decade of experience in the finance sector to his new role at Continental Securities. With his Master's Degree in Commerce from Rajasthan University and previous association with Hem Securities Limited, Gupta possesses extensive knowledge in the finance sector. This background positions him well to contribute to Continental Securities' financial strategies and operations.

Regulatory Compliance

The company has confirmed that Gupta is not related to any existing directors, ensuring compliance with corporate governance norms. This appointment has been made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Continental Securities Limited has made this information available on its website at www.continentalsecuritiesltd.com , in line with transparency requirements for listed companies.

This strategic appointment may signal Continental Securities' intent to strengthen its financial management in the competitive financial services landscape.