Mumbai🙏 Temple Accepts 💸Shares as 😳Offerings

  |   India News

Mumbai’s Shree Siddhivinayak🙏 Temple has opened a Demat account₹ to allow its followers🙌 to offer shares of 😳listed companies as donations. Located in Prabhadevi, the Hindu temple🏯 dedicated to Lord Shri Ganesh is visited by 😯lakhs of devotees every month📅. The Demat account was opened👉 by the temple trust through SBICAP🏦 Securities Ltd, a wholly-owned subsidiary of SBI Capital Markets Ltd. A contract📜 on the matter was exchanged between Shri 👨Narendra Murari Rane, Chairman👔, Shree Siddhivinayak Ganapati Temple Trust and Mani Palvesan, Managing Director💼, SBICAP Securities. In the beginning, only shares of listed entities will be accepted😀 as donations by the electronic platform. Other financial💰 instruments such as mutual funds📃, bonds and gold✨ exchange traded funds will be allowed in the future. The Demat account will help the temple trust tackle👍 the problems😟 created by 😱physical share certificates offered by devotees🙏.

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