In Recent time I noticed Groww change their backend Licence Name from nextbillion technology pvt ltd to Groww invest tech pvt ltd so I just want to know in Future dhan have plan to change their security licence name from moneylicious security pvt ltd that aquired by Raise in past years to start stock broking ? So the name is most important so any plan to do this in future ? @PravinJ
Hi @BIR Well, we operate as brand name Dhan - which is very close to our hearts
I ask any plan to change the name from
moneylicious security pvt Ltd to Dhan security pvt Ltd our else type in future, like Groww change their name
Will evaluate with time
And the finnally dhan change their backend licence name to Raise security private limited @PravinJ
Hey @VINNIVINODH We could start the name change process with banks for Smart Transfer only after SEBI’s approval. Now that we have the approval, we have initiated the process with the banks. It might take them a few weeks to update, and once that’s done, you will see the new name reflected here too.
When I login to CDSL Easi/Easiest portal, it is still showing Moneylicious Securities Private Limited.
You probably need to change DP name too registered with CDSL.
If I recall correctly, when RKSV Securities changed its name to Upstox Securities. It happened in a day!
Not that name change from Moneylicious to Raise makes any difference to me. Just saying.
It not happned in one day, you may dont know internal process how it happned. so i would like to urge to you be patient it will changed according ETA by dhan