Birla Capital & Financial Services Ltd., a BSE listed entity and part of Yash Birla Group’s conglomerate, has been granted a merchant-banking license by the Securities and Exchange Board of India (SEBI).

The license will enable the company to offer a wide range of on-shore investment banking advisory and underwriting services in the Indian market.

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Birla Capital & Financial Services Ltd. will initially concentrate on regulated services like initial Public Offerings, takeover, buybacks, delisting, valuation, etc. It also offers non-regulated services like PE Syndication, M&A Advisory and other Corporate Advisory.

Birla Capital & Financial Services Ltd. is part of the 3,000-crore Yash Birla Group that has diversified interest in sectors like Auto & Engineering, Textiles & Chemicals and Power & Electricals to emerging sectors of today like Wellness & Lifestyle, Education & IT.

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