Significant Shareholding Change at LKP Securities

LKP Securities Limited has reported a substantial change in its shareholding structure following the transmission of shares from the late Mr. Mahendra V. Doshi to his son, Pratik M. Doshi, the company's Managing Director and promoter.

Details of the Transmission

The transmission, which occurred following the demise of Mr. Mahendra V. Doshi on September 17, 2025, involved a total of 92,58,107 equity shares. The breakdown of the transmitted shares is as follows:

Impact on Pratik Doshi's Shareholding

As a result of this transmission, Pratik Doshi's shareholding in LKP Securities has seen a significant increase:

Regulatory Compliance

It's important to note that this acquisition falls under the SEBI regulations for transmission, succession, or inheritance. As such, it is exempted from open offer requirements, ensuring compliance with regulatory standards.

Promoter and Promoter Group Shareholding

Despite the individual change in Pratik Doshi's shareholding, the consolidated shareholding of the Promoter and Promoter Group remains unchanged:

This transmission marks a significant shift in the individual shareholding pattern of LKP Securities' top management, while maintaining the overall promoter group stake in the company.

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.