MobiKwik Enters into Broking Business
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MobiKwik Stock is in Focus After the Company Announced its wholly owned subsidiary will enter into the Broking Business. The Company informs that the Ministry of Corporate Affairs, Central Processing Centre has approved the incorporation of Mobikwik Securities Broking Private Limited, a wholly owned subsidiary of the Company, on March 03, 2025.
The main objects of the Mobikwik Securities Broking Private Limited are to carry on the business of dealing in shares, stocks, securities, debt instruments, commodities, currencies and their derivatives and to act as stock and commodity broker by acquiring membership of various stock and commodity exchange(s) in India or elsewhere.
The Company Will Infuse an Initial of almost 2 Crores of Capital for their Broking Business.
