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About Paterson

Over the years the Paterson Group has built a diversified customer profile consisting of leading financial institutions, large corporate groups, high net worth individual clients, NRIs and a large retail clientele of over 12,000.

Many men, able and experienced, have steered the firm over the years, through changes and developments, yet on the same guiding principles. As a result, the operations have always been contemporary in their currency, and historic upon review.

Started in 1892 as Huson, Tod & Co., the firm was the first stock broking house in South India, and was trading across global stock broking platforms, like the London Stock Exchange, Malaysian Stock Exchange, Singapore Stock Exchange, to name a few.

In 1935, it was acquired by Mr. R. C. Paterson, who was later joined by Mr. H. Haddow as a partner. Subsequently >K. S. Vaidyanathan and Mr. E. V. Rajagopalan, successfully steered the company in the early years and developed it into a formidable force in the Indian capital markets.

Mr. Vepa Ramesam, who retired in 1993, played a considerable role in the development of the company.

Mr. V. Sriram, former Chairman of the company, had been with the company for close to 45 years at the time of retiring in 2009 and played a significant role in positioning the company for its next phase of growth. He smoothly managed the transition from being a privately held company to becoming a part of a global conglomerate, thus preparing a historic brand like Paterson for a new era of growth.

In 2009, Paterson became a subsidiary of Hinduja Bank (Switzerland) Ltd. and the organisation is currently headed by Mr. M. Amarnath. He joined the company in 1987, became a Partner in 1990, and has been the CEO since 2000.

Shareholding Structure

Hinduja Bank (Switzerland) Ltd. owns 50.99% stake in Paterson Securities Pvt Ltd, while the rest of the stake is held by M. Amarnath and his associates.

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