Amarnath Securities Ltd Company Summary

Amarnath Securities Ltd Summary

Amarnath Securities Limited was incorporated on 12 October, 1994 as Amarnath Securities Private Limited. The Company name was subsequently changed to Amarnath Securities Limited on 10 February, 1995. The Company was registered with the Reserve Bank of India (RBI) as a Non Banking Financial Company and the main object of the company is to carry on the business of Merchant Banking in all its aspect to act as Managers to issues and offers and to to act as agents, of or dealers in the Securities in the course of Merchant Banking business to act as financial consultants, joint managers, lead managers, co-managers, advisors and counselors in investment and capital markets.Dr. Omkar Herlekar, Promoter of the Company acquired 75830 shares of Mr. Suresh Babu Magle through off market transaction. Previously, he was holding 1594594 Shares i.e. 53.15% holding in the Company and now he is holding 1670424 shares, i.e. 55.68% in 2021-22. The Promoter had intimated the same to stock exchange, as per Regulation 29 of the SAST Regulations, 2011.