BSRC, which started its operations over 35 years ago, is the largest player in the securities registry business in Bahrain. Its client base extends to over 90% of the listed companies in Bahrain.
The acquisition is part of Karvy Computershare’s middle east expansion strategy enabling the extension of its investor services.
Karvy Group C Parthasarathy said this development is part of a strategy to raise the Karvy group’s profile across geographies.
Karvy Computershare provides registrar services to mutual funds and corporates across India. It has handled over 1,000 public issues, open offers, buy backs etc.
Karvy Computershare is a 50:50 joint venture between, Karvy from the Indian market and the Australia based global registry leader, Computershare.
