Amarnath Securities Wins ₹1 Billion Fund Aggregation Mandate, Augmenting Its NBFC Business

Amarnath Securities Limited, an authorized Non-Banking Financial Company (NBFC), has acquired a key fund aggregation mandate worth ₹1 billion. The development represents a huge breakthrough for the firm, which operates in the field of merchant banking and financial services.

Main points:

The ₹1 billion mandate boosts the profile of Amarnath Securities in the financial services market

This is in the line of business of the core merchant banking and fund management activities of the company

The mandate is likely to increase Amarnath's competency in issue management and financial advisory services

This fresh mandate follows Amarnath Securities' continued growth in operations and services in the NBFC segment. The Reserve Bank of India-registered company has been concentrating on expanding its merchant banking business and this recent development will certainly add substantially to its growth path.

Source: Based on Amarnath Securities Limited's recent corporate documents and company website data, as of March 12, 2025.