Hybrid Financial Services Limited has formally intimated the National Stock Exchange of India Limited and BSE Limited about its admission as a Trading Member in the Cash Segment of BSE Limited. This development follows the completion of two significant corporate actions:
- The approval by the National Company Law Tribunal (NCLT) for the merger of the company's subsidiary, Maximus Securities Limited (Transferor), with Hybrid Financial Services Limited (Transferee)
- The receipt of a Single Registration Certificate from the Securities and Exchange Board of India (SEBI) for the merged entity
The company received official intimation of membership admission from BSE Limited through their letter reference BSE/MEMB/AK/RBP/2026/173 dated 15th September, 2026. However, the approval letter from BSE Limited is actually dated 1st September, 2026.
Key operational details confirmed in the approval:
- Hybrid Financial Services Limited has been admitted as a Trading Member specifically in the Cash Segment
- This membership is granted pursuant to the merger of Maximus Securities Limited (Member No. 471) with Hybrid Financial Services Limited
- The company will retain the existing Member Number 471 that was previously held by Maximus Securities Limited
The communication was signed by K. Chandramouli, Whole Time Director and Company Secretary (DIN: 00036297) on behalf of Hybrid Financial Services Limited, and the approval letter from BSE was issued by Amit Kadam, Assistant Vice President of Membership.