Emkay Global Welcomes Equity Investment by Industry Veteran Kirti Doshi

Emkay Global, a trusted name in Indian Capital Markets for over 30 years, today announced an equity investment by Mr. Kirti Doshi through his family-controlled entity, Antique Securities Private Limited, acquiring over 21% stake in the Company.

Alongside this, the existing promoters - Mr. Krishna Kumar Karwa and Mr. Prakash Kacholia - have reaffirmed their commitment to the Company with an additional equity investment.

Together, the total capital infusion stands at 227.5 crores, strengthening Emkay Global's Balance Sheet and growth ambitions.

Mr. Kirti Doshi, a veteran with 48 years of experience in capital markets, will bring unparalleled strategic insight and operational expertise. His involvement marks a pivotal milestone in Emkay's journey, reinforcing its strong foundation while opening new pathways for accelerated expansion, innovation, and governance excellence.

Commenting on the development, Mr. Krishna Kumar Karwa and Mr. Prakash Kacholia, Co-Founders & Promoters of Emkay Global, said: "Over three decades, Emkay has grown with deep trust, resilience, and customer commitment. We are delighted to welcome Mr. Kirti Doshi. He brings unmatched industry expertise and strategic foresight, which will be invaluable as we strengthen our leadership and prepare for the next phase of growth."

Mr. Kirti Doshi added: "I am privileged to invest in Emkay, a company that has consistently demonstrated integrity, client focus, and resilience for over 30 years. Together with the Founders, and with the support of the management, we look forward to building stronger businesses, leveraging innovation, and creating enduring value for all stakeholders."

With this infusion of capital and leadership strength, Emkay Global is well-positioned to expand its offerings, strengthen institutional equities, investment banking, wealth management and asset management franchises, and reinforce its reputation as a partner of choice in Indian capital markets.

Shares of Emkay Global Financial Services Limited was last trading in BSE at Rs. 315.20 as compared to the previous close of Rs. 262.70. The total number of shares traded during the day was 53045 in over 826 trades.

The stock hit an intraday high of Rs. 315.20 and intraday low of 267.00. The net turnover during the day was Rs. 16445871.00.

Source : Equity Bulls

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EmkayGlobalFinancialServices INE296H01011 FinancialServices Investment KirtiDoshi