NewsStocksRatnakar Securities Limited Receives BSE Approval as Deposit Based Trading Member Following AmalgamationRatnakar Securities Limited Receives BSE Approval as Deposit Based Trading Member Following Amalgamation
Ratnakar Securities Limited has received BSE approval as a Deposit Based Trading Member in Cash Segment following amalgamation with Ratnakar Securities Pvt. Ltd. The approval, effective January 2, 2026, allows the company to conduct trading operations while retaining member number 3251. This corporate restructuring consolidates operations under the renamed entity, positioning it for enhanced business growth.
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Ratnakar Securities Limited has successfully obtained approval from BSE Limited to operate as a Deposit Based Trading Member in the Cash Segment, marking a significant milestone in the company's corporate restructuring journey. The approval, granted on January 2, 2026, enables the company to conduct trading operations on the BSE platform following a strategic amalgamation.
Corporate Restructuring Details
The BSE approval stems from the amalgamation of Ratnakar Securities Pvt. Ltd. with Mangalya Soft-Tech Ltd., with the latter being renamed to Ratnakar Securities Limited. This corporate restructuring has consolidated the trading operations under a single entity while maintaining operational continuity.
| Parameter: | Details |
|---|---|
| Approval Date: | January 2, 2026 |
| Member Number: | 3251 (retained) |
| Trading Segment: | Cash Segment |
| Membership Type: | Deposit Based Trading Member |
| Former Name: | Mangalya Soft-Tech Limited |
Regulatory Compliance and Documentation
The company formally communicated this development to BSE Limited on January 5, 2026, through a regulatory filing under Regulation 30. Kushal Ajay Shah, Whole Time Director with DIN 01843141, signed the intimation letter on behalf of Ratnakar Securities Limited. The BSE approval letter was issued by Amit Kadam, Assistant Vice President of Membership Operations, confirming the admission status.
Operational Continuity
A key aspect of this approval is the retention of the original member number 3251, ensuring seamless transition of trading operations. This continuity allows existing clients and operational systems to remain unaffected by the corporate restructuring. The company is registered in Gujarat with CIN L66120GJ1992PLC017564 and maintains its registered office in Ahmedabad.
Business Impact
The Deposit Based Trading Member status enables Ratnakar Securities Limited to facilitate equity trading in the cash segment on BSE. This membership category allows the company to conduct trading operations while maintaining the required deposits with the exchange as per BSE regulations. The successful amalgamation and subsequent BSE approval position the company to leverage its enhanced corporate structure for business growth.
The approval represents the completion of a significant corporate restructuring exercise, combining the resources and capabilities of both entities under the Ratnakar Securities Limited banner. With the regulatory approvals in place, the company can now focus on expanding its trading operations and serving its client base through the BSE platform.
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