Prabhudas Lilladher Group has undergone a transformational change . Amisha Vora, the Co-Owner and Joint Managing Director, will now serve as Chairperson and Managing Director of the PL Group .
India — Prabhudas Lilladher Group, one of India's leading and most trusted financial services companies, has undergone a transformational change.Amisha Vora, the company's Co-Owner and Joint Managing Director, will now serve as Chairperson and Managing Director of the PL Group.She now holds a 96% stake in the corporate, up from 24 percent.PL will continue to expand its market share in the Institutional and Non-Institutional Businesses over the next decade by taking on the leadership of Lisa Hall, the BSE and NSE, the RBI, and the other regulators of the respective PL Group companies.My goal is to make sure that we at PL continue to work towards converting our clients' savings into income.The PL brand has been developed on the principles of Trust, Transparency, and Ethical Behavior.Amisha Vora said that we will continue to grow our businesses on these PL core values, which are embedded in our DNA, in her next decade.She said that PL will continue to focus on being a value-added integrated financial services provider with exemplary analysis at its heart. Amisha is also committed to developing a team of competent professionals to support the next phase of the PL journey.We've also made significant improvements to our team in the last few months by bringing in highly qualified professionals from the industry to handle each of our diverse business verticals.I am confident that this exceptional team, along with our research expertise and a client-first attitude, will pave the way for explosive growth in the coming decade, she said.After dedicating 50 years to the PL Group and approaching 75 years of age, Arun Sheth, the Group's Chairman, has decided to retire. Dhiren Sheth, the Group's Vice Chairman, will continue his association as a Non-Executive Director in Amisha Vora's office.We're confident that with the help of a dedicated and hardworking team, she will achieve explosive growth in the coming years.According to Dhiren Sheth, we wish her all the happiness in the future.Since 2000, Amisha has been a partner with the PL Group and has held a 24% stake in Jt. In the year 2007, the Group's MD was named.In her 20+ years of service, she has played a vital role in diversifying and strengthening the company.She is a Chartered Accountant by qualification and has 35 years of combined experience in equity research, retail brokerage, investment banking, and corporate advisory, retail broking, wealth management, and NBFC industries.Amisha is a highly regarded market thinker who has been a member of the CII-Capital Markets Committee for the past 5 years; has been elected to the Board of Directors of the Association of Portfolio Managers of India (APMI); and has been the recipient of several top-notch awards and recognitions in recent years.She has also received the prestigious Udyog Ratan Award for Corporate Leadership from the Governors Office and the Government of Maharashtra. Its presence is present in 150+ cities in India, serving corporations, universities, family offices, HNIs, and retail customers in India and abroad.PL has a network of 1700 franchise partners, 1.35 lakh+ clients, 250+ corporate partnerships, and a 600-strong workforce base.The company has a diverse portfolio of products and services, including Institutional Equities, Retail Broking, Wealth Management, Investment Banking, Corporate Advisory, Portfolio Management, and an NBFC arm.The Economic Times has recently named the company one of India's Best BFSI Brands in 2022.