Mobikwik Subsidiary Receives BSE Approval to Start Stock Broking Business

One Mobikwik Systems' wholly owned subsidiary, Mobikwik Securities Broking Private Limited, has received approval from the Bombay Stock Exchange (BSE) to commence its stock broking business, effective February 24, 2026. This follows the Securities and Exchange Board of India's registration in July 2025. The approval enables the subsidiary to undertake equity trading, clearing, and settlement activities. Mobikwik views this as a key step in expanding its financial services platform to support growing retail investor participation in India.