As part of our Group strategy, KSL has identified the Retail Financial Services space as a natural extension of our core business model that could significantly add value to a fast growing, niche market segment in a focused manner. We see this new initiative complementing our core strengths in Research and Execution and ensuring that we leverage our established capabilities to gain a significant mindshare and market share with our chosen customer segments.

The retail venture is being spearheaded under the banner of TruMonee Financial Limited (www.trumonee.com). We have successfully completed our pilot engagements through our branches located at Surat and Bhavnagar and are now looking to scale up the operations in a controlled manner. We are confident that TruMonee's unique approach and superior advice based investment strategies would yield significant value addition to our customers.

To read more about TruMonee and its business operations, please access here