Share India considers acquisition of Silverleaf Capital Services

TAGS

Share India Securities Limited, India’s premier technology-driven financial services powerhouse, is exploring the possibility of acquiring up to a 100% stake in M/s Silverleaf Capital Services Private Limited. This strategic move could materialize through merger, share purchase, or other legally sanctioned modes of acquisition.

Silverleaf Capital’s Financial Technology Expertise Beckons Share India

Established in 2011, Silverleaf Capital Services Private Limited, headquartered in Kanjurmarg West, Mumbai (Maharashtra), has carved its niche as a prominent player in the capital market, specializing in high-frequency trading.

See also  Firstsource partners with UiPath to advance impact sourcing program

Boosting Technology and Expanding Horizons

Share India Securities foresees substantial advantages from this potential acquisition. It is expected to bolster Share India’s technology arsenal, diversify its product portfolio, and facilitate global expansion, ultimately delivering increased value to shareholders. More specifics regarding the acquisition will be unveiled in due course.

Silverleaf Capital’s Financial Stats

Silverleaf Capital Services Private Limited, based in Mumbai, is a financial technology enterprise with an Authorized Share Capital of Rs 5 lakhs and a Paid-up Share Capital of Rs. 1.17 lakhs. Impressively, it reported turnovers exceeding Rs. 1,633.06 lakhs in FY23, Rs. 902.52 lakhs in FY22, and Rs. 1,181.13 lakhs in FY21.

See also  ICICI Lombard General Insurance posts Rs 446.6cr net profit in Q2 FY2022

Efficiency Through Synergy

This proposed union between Share India and Silverleaf Capital Services is poised to optimize business operations, yielding economies of scale and enhancing the efficient utilization of financial, human, and other resources. The acquisition promises a synergy of services and resources, benefiting all stakeholders.

No Conflict of Interest

Crucially, the acquisition falls outside the realm of related party transactions, with none of the group companies having vested interests in Silverleaf Capital Services Private Limited. Promoters and directors also maintain no affiliations with Silverleaf Capital Services.

See also  Chhattisgarh Elections 2023: BJP's dramatic comeback seals victory over Congress

Stay Tuned for More

The timeline and intricate details of this prospective acquisition will be revealed in the coming days, as Share India Securities Limited continues to explore this exciting opportunity in the world of financial technology.

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (0)