MUMBAI, India, Dec. 18, 2024 /PRNewswire/ -- Prime Securities Limited (NSE: PRIMESECU) (BSE: 500337) (SEBI registered Category-I Merchant Banker) (www.primesec.com), a premier investment banking and corporate advisory services provider, has acquired 41.68% stake in Ark Neo Financial Services Private Limited, the Chennai-based fintech platform known as "DhanLAP." Further, Prime will infuse capital into the company by subscribing to optionally convertible debentures. On conversion, Prime's holding will move above 50%. Prime's total investment will be to the tune of INR 700 lakhs (70 million).
MUMBAI, India, Oct. 4, 2024 /PRNewswire/ -- Prime Securities Ltd. (PSL https://primesec.com/ ), a SEBI registered Category-I Merchant Banker, is expanding its reach within the financial services sector by entering the wealth management business through its wholly-owned subsidiary, Prime Trigen Wealth Ltd. (PTWL). This strategic move aims to tap into new growth opportunities with significant scalability potential.
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