Share India Securities announces strategic merger with Silverleaf Capital Services
In a strategic move that underscores the growing importance of technology in the financial services sector, Share India Securities Limited, a leader in offering tailored solutions in the capital market, has announced its merger with Silverleaf Capital Services Pvt Ltd. This merger, executed on a going-concern basis, is not just a fusion of two companies but a significant milestone in the strategic growth journey of both, poised to reshape the landscape of financial services with a technology-driven approach.
At the heart of this merger is a deal that sees Share India Securities Limited issuing 100 fully paid equity shares of ₹10 each for every equity share of ₹10 held by the shareholders of Silverleaf Capital Services Pvt Ltd. This move is reflective of the shared vision of both entities to foster innovation, leverage cutting-edge technology, and diversify product portfolios, thereby driving growth and creating enhanced value for shareholders.
Silverleaf Capital Services Pvt Ltd stands out as a technologically advanced company, known for its integration of mathematical modeling, low-latency software, and hardware trading capabilities. With specialties including Low Latency Statistical Arbitrage, Market Making, and Research Projects support, Silverleaf has carved a niche for itself in the market by offering solutions that capitalize on market inefficiencies. The 13-year-old company, led by alumni from IIT-Bombay, brings to the table a wealth of expertise and innovation.
The merger is anticipated to significantly benefit Share India Securities Limited by incorporating Silverleaf’s advanced technology stack, thereby expanding the former’s product portfolio and diversifying its revenue streams. Furthermore, this union is expected to accelerate the global expansion efforts of Share India Securities Limited and enhance its market presence through the technological prowess of Silverleaf Capital Services.
Sachin Gupta, CEO & Whole-time Director of Share India Securities Limited, commented on the merger, highlighting its significance in the company’s journey towards innovation and value enhancement for stakeholders. He noted, “The merger with Silverleaf Capital Services represents a pivotal moment in our journey towards driving innovation and delivering enhanced value to our stakeholders. With a strengthened technology stack and expanded product portfolio, this merger positions us for accelerated global expansion and market presence.”
This merger is a testament to Share India Securities Limited’s commitment to continuously evaluating new strategic initiatives in the technology space, marking it as the third such acquisition in as many years. It underscores a strategic leap forward for both entities, enabling them to capitalize on emerging opportunities, drive growth, and deliver enhanced value to shareholders, thereby strengthening their competitive position in the financial services industry.
In conclusion, the merger between Share India Securities Limited and Silverleaf Capital Services Pvt Ltd is a landmark event that promises to redefine the contours of the financial services industry by blending innovative technological solutions with financial expertise. As these two giants join forces, the industry looks forward to witnessing the emergence of a powerhouse in financial services, ready to tackle the challenges of the future and pave the way for a new era of financial innovation and growth.
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