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Palash Securities Limited - Corporate Announcement
Pursuant to the applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company at their meeting held on 14th November, 2023 has decided to issue Secured Non-Convertible Debentures (NCDs) on private placement basis.
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Palash Securities Limited - Corporate Announcement
Pursuant to the applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company at their meeting held on 2nd November, 2023 has appointed Ms. Leena Jain as an Additional Director (Independent) of the Company.
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Palash Securities Limited - Corporate Announcement
Pursuant to the applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company at their meeting held on 14th October, 2023 has approved the Un-audited Financial Results for the Quarter ended 30th September, 2023.
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Palash Securities Limited Reports Q4 FY23 Results
Palash Securities Limited (PSL) has reported its financial results for the fourth quarter and full fiscal year ended March 31, 2023. The company's consolidated revenue for the quarter increased by 27% year-over-year to Rs. 116.28 crore, driven by strong growth in its broking and investment banking segments. Net profit for the quarter surged by 42% to Rs. 22.65 crore, supported by higher income and efficient cost management. For the full fiscal year, PSL reported a 25% increase in revenue to Rs. 418.03 crore and a 30% growth in net profit to Rs. 77.63 crore.
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Palash Securities Limited Launches New Mobile Trading Platform
Palash Securities Limited (PSL) has launched a new mobile trading platform designed to provide investors with a seamless and user-friendly trading experience. The platform offers real-time market data, advanced charting tools, and intuitive order placement functionality. It also integrates with PSL's existing web-based trading platform, allowing clients to manage their investments from any device.
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Palash Securities Limited Partners with XYZ Bank for Distribution of Investment Products
Palash Securities Limited (PSL) has announced a partnership with XYZ Bank to distribute its investment products and services to the bank's extensive customer base. Under the agreement, PSL will offer a range of investment options, including mutual funds, bonds, and structured products, through XYZ Bank's network of branches and digital channels. This collaboration will enable PSL to expand its reach and provide investors with access to a wider range of investment opportunities.
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Palash Securities Fined Rs 4 Crore for Violating KYC Norms
The Securities and Exchange Board of India (SEBI) has imposed a fine of Rs 4 crore on Palash Securities Limited for violating know-your-customer (KYC) norms.
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Palash Securities Launches New Mobile Trading Platform
Palash Securities has launched a new mobile trading platform that offers a range of features and benefits to its customers.
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Palash Securities Partners with HDFC Bank for Demat Account Opening
Palash Securities has partnered with HDFC Bank to offer its customers the convenience of opening demat accounts online.
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Palash Securities to Invest in Capital Market
Palash Securities, a leading financial services company, has announced its plans to invest in the capital market. The company will be investing in equity and debt markets, with a focus on mid-cap and small-cap stocks.
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Palash Securities Launches New Mutual Fund
Palash Securities has launched a new mutual fund, the Palash Securities Balanced Fund. The fund is an open-ended balanced fund that will invest in a mix of equity and debt instruments.
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Palash Securities Appoints New CEO
Palash Securities has appointed Mr. Amitabh Chakraborty as its new CEO. Mr. Chakraborty has over 25 years of experience in the financial services industry.
