NDA Securities Clarifies Share Price Movement Following EGM Notice for Capital Restructuring

1 min read     Updated on 23 Dec 2025, 02:29 PM
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Overview

NDA Securities responded to BSE's inquiry about significant share price movement. The company attributed the volatility to its EGM notice, which includes plans to increase authorized share capital from ₹15 crore to ₹100 crore, alter the Memorandum of Association, and expand business objects. NDA Securities confirmed no other unpublished price-sensitive information exists and reaffirmed its commitment to regulatory compliance.

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NDA Securities Limited has responded to a surveillance inquiry from BSE regarding significant movement in its equity share price, providing clarification on potential factors behind the price volatility.

BSE Surveillance Response

The company received a letter from BSE's Surveillance Department seeking clarification on the notable price movement in its equity shares. In its formal response, NDA Securities emphasized its commitment to timely disclosure of all material events and information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Corporate Actions Behind Price Movement

The company identified its Extra-Ordinary General Meeting (EGM) notice as the primary factor that may have influenced market sentiment and share price movement. The EGM notice contains two significant agenda items that could be construed by the market as material developments:

Agenda Item Details
Capital Restructuring Increase in Authorized Share Capital from ₹15.00 crore to ₹100.00 crore
Constitutional Changes Consequential alteration of the Capital Clause of Memorandum of Association
Business Expansion Alteration of Object Clause by addition of new business objects

Regulatory Compliance Confirmation

NDA Securities confirmed that apart from the already disclosed EGM notice, there is no other unpublished price-sensitive information (UPSI) or pending announcements that could have bearing on the price movement of the company's securities. The company secretary, Shalini Chauhan (ACS-71998), digitally signed the clarification document, reaffirming the company's adherence to regulatory disclosure requirements.

Ongoing Disclosure Commitments

The company assured stakeholders that it will continue to comply with all applicable disclosure requirements and will promptly inform the stock exchanges of any material events or information as and when required under SEBI regulations. This commitment underscores the company's focus on maintaining transparency with investors and regulatory authorities.

The clarification demonstrates NDA Securities' proactive approach to addressing market concerns while ensuring full compliance with regulatory frameworks governing listed companies in India.

Historical Stock Returns for NDA Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-6.86%+37.33%-6.20%-34.84%+5.77%+526.73%
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NDA Securities Appoints Arun Kumar Mistry as Whole Time Director

1 min read     Updated on 11 Nov 2025, 12:53 AM
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Overview

NDA Securities Limited has appointed Mr. Arun Kumar Mistry as an Additional Director (Whole Time Director), effective November 13, 2025, subject to NSE and BSE approval. Mr. Mistry brings over 20 years of experience in compliance, finance, and relationship management in capital and commodity markets. He has a track record of maintaining zero penal charges from exchanges and is not debarred from holding directorship by SEBI or any other authority.

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*this image is generated using AI for illustrative purposes only.

NDA Securities Limited , a prominent stock broking house based in New Delhi, has announced a significant change in its leadership team. The company has appointed Mr. Arun Kumar Mistry as an Additional Director, categorized as Whole Time Director, effective November 13, 2025. This appointment is subject to approval from the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), where NDA Securities is a trading member.

Key Appointment Details

Particulars Details
Appointee Mr. Arun Kumar Mistry
Position Additional Director (Whole Time Director)
Effective Date November 13, 2025
Approval Status Subject to NSE and BSE approval

Professional Background

Mr. Mistry brings over two decades of valuable experience to his new role at NDA Securities. His expertise spans several critical areas in the financial sector:

  • Compliance
  • Accounts & Finance
  • Relationship Management in Capital and Commodity Markets

Throughout his career, Mr. Mistry has demonstrated a strong commitment to regulatory compliance and client satisfaction. He has consistently ensured adherence to regulations set by key market authorities and exchanges, including NSE, BSE, NCDEX, MCX, and SEBI.

Notable Achievements

One of Mr. Mistry's standout accomplishments is maintaining zero penal charges from exchanges, which underscores his unwavering dedication to regulatory compliance. This achievement reflects positively on both his professional capabilities and NDA Securities' commitment to operating within regulatory frameworks.

Additional Information

The company has confirmed that Mr. Mistry is not debarred from holding the office of director by any SEBI order or any other authority. Furthermore, NDA Securities has disclosed that Mr. Mistry has no relationships with other directors of the company, ensuring independence in his role.

This strategic appointment appears to align with NDA Securities' commitment to strengthening its leadership team with experienced professionals. As the financial markets continue to evolve, Mr. Mistry's extensive background in compliance and finance could prove valuable in navigating regulatory landscapes and driving the company's growth strategies.

Historical Stock Returns for NDA Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-6.86%+37.33%-6.20%-34.84%+5.77%+526.73%
NDA Securities
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