The Hindu Business Line : Angel Broking sets up office in Hyderabad

ANGEL Broking Ltd, part of the Mumbai-based Angel Group promoted by Mr Dinesh Thakkar and emerged as one of the top-five retail stockbroking houses in the country, has opened its first branch in the South here.

Addressing a large gathering of investors, Mr Thakkar said the company, having a strong presence in the North, has plans to aggressively expand its operations in the South over the next 12 months.

Apart from having membership of BSE, NSE as well as the two leading commodity exchanges in the country, the company is also registered as a depository participant with CDSL.

It currently has a team of 60 professionals and 200 support staff working for a nationwide network comprising 19 branches, over 250 sub-brokers, 500 business associates and 600 terminals, he said.

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