Tag
Merchant Banking
6 articles
Merchant banking activity in India presents a mixed picture, with strong growth alongside regulatory challenges and leadership transitions. Gretex Corporate reported a substantial 1180% increase in consolidated profit after tax for Q1 FY27, driven by robust performance in its share broking subsidiary and new advisory mandates, signaling a positive trend in deal-making. Conversely, Systematix reported a significant net loss and faces a SEBI regulatory issue, highlighting potential risks within the sector. The open offer for Niraj Cement, while progressing, underscores ongoing corporate restructuring activity, while the passing of V.B. Desai Financial Services' CFO introduces an element of uncertainty regarding leadership continuity.
SEBI Disposes Bonanza Portfolio Enforcement Proceedings
SEBI disposes of proceedings against Bonanza Portfolio Ltd and its directors without any adverse action following an inspection of its merchant banking activities.
Proceedings against director Satya P
Indbank Merchant Banking 37th AGM on September 24, 2026
Indbank Merchant Banking Services Ltd schedules its 37th Annual General Meeting for September 24, 2026 via video conference.
E-voting period runs from September 21-23, 2026 with cut-off date set for S
Systematix Corporate Services FY26 Results: Revenue Up 4.9%, PAT Declines
Systematix Corporate Services reported consolidated revenue of ₹14,761 lakh for FY26, a 4.9% increase from previous year, while profit after tax declined significantly to ₹1,384 lakh.
The company subm
A.K. Capital Services FY26 Net Profit Up 87% with Dividend
A.K. Capital Services reported standalone net profit of ₹6,159 lakhs for FY26, up 87% YoY, with total dividend payout of ₹60 per share including final dividend of ₹22 subject to approval.
The company
A.K. Capital Services FY26 Profit Surges 87%, Proposes Dividend
A.K. Capital Services reported 87% standalone net profit growth to ₹61.59 crore and 30% consolidated profit increase to ₹114.04 crore for FY26.
The Board recommended a final dividend of ₹22 per share,
Niraj Cement Open Offer Schedule Revised Corrigendum
Navigant Corporate Advisors issues a corrigendum to the detailed public statement for Gulshankumar Chopra's open offer for Niraj Cement Structurals.
The corrigendum revises the schedule of activities,