Financial Daily from THE HINDU group of publications Wednesday, Jun 14, 2006 |
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Markets
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Financial Services States - Other States Our Bureau
Ahmedabad , June 13 Angel Broking today announced plans to expand its operations in Gujarat by opening offices in nine towns and cities of the State. Keeping in view the growing demands of investors in the region, the company will open nine branches in Anand, Nadiad, Gandhinagar, Bapunagar, Shahibaug, Mehsana, Palanpur, Patan and Himmatnagar within the next month, its Chairman and Managing Director, Mr Dinesh Thakkar, told reporters here today. The company will facilitate its clients with services including equity trading, e-broking, portfolio management, portfolio advisory, commodity broking, IPO advisory and MF distribution. Angel Broking, incorporated in 1987, was a member of both the Bombay and National Stock Exchanges and also the two leading commodity exchanges, NCDEX and MCX. It was also registered as a Depository Participant with CDSL. The Group companies Angel Broking Ltd and Angel Securities Ltd are members of the BSE while Angel Capital and Debt Market Ltd was a member of NSE. Headquartered in Mumbai, the Angel Group had an employee strength of 1,150 and indirectly employs more than 10,000 other people. It had a network of 53 branches including 12 regional hubs, 2,600 sub-brokers and registered business associates.
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