by Suman Gupta
Indore, 23rd January, 2023: Kotak Securities Limited today announced its strategic tie-up with Indore based Exclusive Securities – a leading Madhya Pradesh based brokerage firm, with clientele spread across Madhya Pradesh, Maharashtra, Chhattisgarh, Rajasthan, Tamil Nadu, and Karnataka. Under this partnership, Kotak Securities will cater to over 30,000 investors and clients of Exclusive Securities.
This partnership will help both Kotak Securities and Exclusive Securities provide technology-led investment products and services to their clientele across the country.
Jaideep Hansraj, MD & CEO, Kotak Securities Limited said, “We are truly excited to partner and service around 30,000 investors through this tie-up with Exclusive Securities. In the coming months we will ensure seamless integration and provide the best possible service to the newly on-boarded clientele. This tie-up will further strengthen the investor’s journey in the stock market with our research insights, trading app loaded with a host of features to make transactions faster.”
BD Bhatter, Chairman, Exclusive Securities Limited added, “We are delighted to have this strategic tie-up with Kotak Securities. Kotak is one of the most trusted names in the BFSI segment. Both the companies have been in business for a number of decades and coming together, will give the clients expertise of over 50 years.”
Sanjay Samaiya, Director, Exclusive Securities Limited also said, “This alliance with Kotak Securities will create more opportunities for customers to invest in a wide range of products along with robust technology. It will be a win-win situation for all stakeholders of both entities, and it will empower the Exclusive group to serve the clients with best practices in the industry for their wealth creation.”
About Kotak Securities Limited: Kotak Securities Limited (KSL), a subsidiary of Kotak Mahindra Bank, is one of India’s largest full-service stock broking firms catering to retail and institutional investors across all segments of the capital market. Through a tie-up with partner brokers, the company also provides direct access to the US markets. Supported by a strong research team, robust digital trading platform, large branch network & franchisee base, and referral coordinators spread across Kona of India, KSL processes lakhs of secondary market trades every day. As of 31st December, 2022, KSL has a national footprint of 182 branches, 1,265 franchisees and satellite offices across 378 cities in India serving 36.6 lakh active client base. KSL provides a wide array of investment options in equities, derivatives (equities, commodities, currency).It also offers depository services and third-party products like insurance and mutual funds.
About Exclusive Securities: Exclusive Securities was incorporated in 1995, the group is promoted by a team of Chartered Accountants, Stock Brokers, Engineers, Financial consultants, etc. The Exclusive Securities network spans across Madhya Pradesh and Maharashtra, with Footprints in 15 states and union territories and a strong presence in over 50 locations across India, with 30,000+ satisfied customers with a motto of “client first client always”. The Exclusive Group has emerged as a diversified financial services company that offers a wide range of Exclusive Securities Limited presently provides a wide range of services from Equities to Derivatives – including Commodities and Currencies, Depository Services, Mutual Funds, Research, IPO, Exchange Traded Funds (ETF), Systematic Investment Plans (SIP), insurance broking for its clientele, and related financial services like Charted Accountants. Trading members of all exchanges like (NSE), (BSE), (NCDEX), (and MCX). The company is also a Depository Participant of (CDSL).
