Cliqtrade Stock Brokers Private Limited agreed to acquire 37.186% stake in Asit C. Mehta Financial Services Limited (BSE:530723) from Asit C. Mehta and Deena Mehta for approximately INR 280 million on August 10, 2022. In related transaction, Cliqtrade Stock Brokers Private Limited will launch an open offer to acquire 25.41% stake in Asit C. Mehta Financial Services Limited. As per the transaction will acquire 18,41,683 shares of Asit C. Mehta Financial Services Limited at INR 151.44 per share.

As of December 29, 2022, Cliqtrade Stock Brokers Private further acquires 7.67 stake in Asit C. Mehta Financial Services Limited.