Ratnakar Securities Formally Changes Its Name Following Completion of Merger

November 27, 2025: Ratnakar Securities Limited, formerly known as Mangalya Soft-Tech Limited, has officially adopted its new corporate name following the completion of its merger proceedings. The name change took effect on November 26, 2025, marking a significant milestone in the company’s transition to a unified corporate identity. The company formally communicated this update to the BSE Limited.

Key Details

The company recently completed a merger between Ratnakar Securities Private Limited and Mangalya Soft-Tech Limited, consolidating operations under a single entity. The formal approval for the name change was granted by BSE on November 20, 2025, and the change became effective six days later. The company now operates entirely under the name Ratnakar Securities Limited, with the merger successfully streamlining the entity’s operations and branding.

Impact of the Change

With the adoption of its new name, the old scrip ID, MANGALYASFT, has been retired. Going forward, the company will trade under the new scrip ID, RATNAKAR, while retaining its existing BSE code: 530243. The abbreviated name on the BOLT Plus system has been updated from “MANGALYA SOFT TECH LTD” to “RATNAKAR”.

Continuity of Operations

The company has assured stakeholders that all operations will continue seamlessly under the new corporate identity. This includes business operations, filings, regulatory disclosures, and shareholder communications. The merger has been fully implemented, ensuring minimal disruption while consolidating the company’s activities under a single, unified brand.

Director’s Statement

Kushal Ajay Shah, Whole Time Director of Ratnakar Securities Limited, stated, “The new name is now formally used across all platforms and communications. We look forward to the exchange updating its records accordingly to reflect this change.”

This development marks a key step in strengthening the company’s market presence and reflects its commitment to streamlined operations and unified branding in the securities sector.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/6ab2828b-da48-4f10-82e3-a3c4f83be471.pdf

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