LKP Securities Limited has announced plans to invest ₹50 lakh in its wholly-owned subsidiary, LKP IFSC Private Limited, through a rights issue. The move is aimed at strengthening the subsidiary's position in the broking and Alternative Investment Fund business at Gujarat International Finance Tec-City (GIFT City).

Investment Details

The company intends to acquire 5,00,000 equity shares of LKP IFSC Private Limited at a par value of ₹10 each, totaling ₹50 lakh. This investment will be made through a rights issue, with the transaction expected to be completed by October 7, 2025.

About LKP IFSC Private Limited

LKP IFSC Private Limited, incorporated on May 9, 2022, is a wholly-owned subsidiary of LKP Securities Limited. The subsidiary operates in the broking and Alternative Investment Fund business at GIFT City. For the financial year ended March 31, 2025, LKP IFSC reported a turnover of ₹4,45,246.

Transaction Highlights

Impact on Shareholding

The investment will not alter the shareholding structure of LKP IFSC Private Limited. It will continue to remain a 100% wholly-owned subsidiary of LKP Securities Limited.

Regulatory Compliance

LKP Securities Limited has made this disclosure in compliance with Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that the transaction falls within the ambit of related party transactions and is being conducted at arm's length.

Strategic Implications

This investment demonstrates LKP Securities' commitment to strengthening its presence in the GIFT City, a key financial services hub in India. By infusing additional capital into LKP IFSC Private Limited, the company aims to enhance its capabilities in the broking and Alternative Investment Fund sectors, potentially positioning itself for growth opportunities in the international financial services market.

Investors and market participants will likely watch closely to see how this investment translates into business growth and financial performance for both LKP IFSC Private Limited and its parent company, LKP Securities Limited, in the coming years.

LKP Securities Ltd. has announced the passing of Mr. Mahendra V Doshi, a Non-Executive Non-Independent Director and promoter of the company. The sad news was conveyed to the BSE Limited on August 7, 2025, following Mr. Doshi's demise on August 6, 2025.

Shareholding Details

Mr. Doshi held a significant stake in LKP Securities, totaling 35.17% of the company's shares. His holdings were divided as follows:

Regulatory Implications

In compliance with Regulation 31A (6)(c) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, LKP Securities has informed the stock exchange that Mr. Doshi's shareholding will cease to be part of the promoter/promoter group category following his demise.

Company Action

LKP Securities has initiated the process for the required regulatory reclassification of these shares. The company has submitted the necessary details to the BSE Limited as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, along with relevant SEBI circulars.

About LKP Securities

LKP Securities Ltd. is a financial services company with its registered office in Mumbai. The company operates under the single SEBI registration number INZ000216033 for NSE/BSE/MSEI operations.

This development marks a significant change in the ownership structure of LKP Securities and may have implications for the company's future governance and operations.