Rikhav Securities Acquired | Financial Services M&A Deal

Lakhani Group has completed the acquisition of Rikhav Securities, a financial services other business in India, for under $10M. Rikhav Securities operates in the financial services sector, providing brokerage and related market services for investors. The financial services M&A purchase supports Lakhani Group’s expansion in other acquisition activities within the Indian capital markets. The deal is structured as an open offer for a 26% stake, with the promoter group seeking additional control through the acquisition.