Share India Securities Announces Merger with Silverleaf Capital Services to Enhance Technological Capabilities and Expand Market Presence

19 March 2024

Share India Securities Limited (“Company”), a technology driven financial services provider that offers a wide range of customized solutions in the capital market, is pleased to announce merger with Silverleaf Capital Services Pvt Ltd, a technology company that operates in the financial services space and high-frequency trading. The merger, conducted on a going-concern basis, marks a significant milestone in the strategic growth journey of both entities.

Under the terms of the merger scheme, the Company will issue 100 fully paid Equity Shares of ₹10 each to the equity shareholders of Silverleaf Capital Services for every 1 equity share of ₹10 each held. This strategic move aligns with the shared vision of both entities to foster innovation, leverage cutting-edge technology with economies of scale, diversify product portfolios to drive growth and create value for shareholders.

Silverleaf Capital Services is a technology company that combines mathematical modeling with in-house low-latency software and hardware integration trading capabilities. Through offerings such as Low Latency Statistical Arbitrage, Market Making, and support for Research Projects, Silverleaf Capital Services has consistently delivered innovative solutions to capitalize on market inefficiencies. Silverleaf is a 13 year old company run by alumni from IIT – Bombay