Hybrid Financial Services Ltd

Hybrid Financial Services Merger Update: Key Details & What’s Next 🔄

- Merger approved by NCLT Mumbai Bench-I on October 16, 2025.

- Appointed merger date: April 1, 2024.

- Maximus Securities is a wholly-owned subsidiary of Hybrid Financial Services, specializing in stock broking.

- Hybrid Financial Services is listed on BSE (500262) and NSE (HYBRIDFIN).

- Merger goals: Simplify structure, consolidate businesses, cut costs, and boost synergies.

- No new shares issued; existing Maximus shares held by Hybrid will be canceled.

- All Maximus assets, liabilities, contracts, and employees will transfer to Hybrid.

- Potential post-merger name change to Maximus Securities Limited.

- Creditors, employees, and stakeholders remain protected under the scheme.