Zen Securities to up branch network

Zen Securities Limited (ZSL), a Hyderabad-based financial securities company, is planning to expand its presence in Karnataka, Maharashtra, Andhra Pradesh and Tamil Nadu. “We intend to open about 15 company-owned and 40 more franchisee-operated branches in the next one year, and eventually have a pan-India presence next year,” Satish Kantheti, joint managing director of ZSL, told mediapersons here on Friday.

The company, which currently witnesses trading volumes of Rs 100 crore a day, has 140 branches spread across Andhra Pradesh, Karnataka, West Bengal, Tamil Nadu, Maharashtra and Orissa.

ZSL today unveiled its new brand identity ‘Zen Money’ to offer various products and services like Internet trading, mutual funds, advisory and other services to its clients, besides launching its website ‘www.zenmoney.com’ for online trading in stocks, derivatives and commodities.