- Business
- HB Stockholdings Limited HB Stockholdings Limited (HBSL.NS), a non-banking financial company registered as a non-systemically important non-deposit taking entity with the Reserve Bank of India, engages primarily in the investment in securities business in India, including the purchase and sale of various kinds of securities; it previously offered fund and non-fund based financial services, leasing, hire purchase, merchant banking, and real estate development prior to restructuring. The company operates from its headquarters in Plot No. 31, Echelon Institutional Area, Sector 32, Gurugram, Haryana, targeting institutional and retail investors in the Indian financial markets. Incorporated on July 30, 1985, as HB Portfolio Leasing Limited, it changed its name to HB Stockholdings Limited in February 1997 following a scheme of arrangement sanctioned by the Delhi High Court in 1996, which demerged its real estate division to HB Estate Developers Limited and merchant and investment banking division to HB Portfolio Limited. In recent developments, HB Stockholdings Limited declared a final dividend of Re 1 per share with an ex-date of July 25, 2025, following approval at its annual general meeting on August 2, 2024, and continues to consolidate financial results with its wholly owned subsidiary Mount Finance Limited; it held board meetings in 2025, including on August 8 for unaudited first-quarter results ending June 30, 2025, which reported a net profit of Rs 746.20 lakhs, May 7 for audited year-end results, and November 12 for second-quarter outcomes, while spending Rs 25.15 lakhs on corporate social responsibility activities during fiscal 2024-2025.