Saturday, March 6, 2021
News

Inditrade Capital gets nod to acquire additional stake in JRG Fincorp

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai | Saturday, May 19 2018 IST
Inditrade Capital said that it has received approval for acquisition of additional equity shares in its material subsidiary RG Fincorp, of up to 10 per cent of paid up capital, for an amount not exceeding Rs 24 crore, within a period of next 12 months. The meeting of the Board of Directors of the company held on May 18, 2018, has approved the same, the company said in a filing with BSE. The board has also approved investment in its wholly-owned subsidiary Inditrade Housing Finance, by way of subscription to the equity shares of the company for an amount of up to Rs 11 crore.

Inditrade Capital (formerly known as JRG Securities) is engaged in equity and commodity broking businesses, with strong presence in South India.

UNI JS RJ 1432

-- (UNI) -- C-1-DL0171-1370168.Xml

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
23 cops, civilians enter India from Myan...
TSRTC pays salaries to staff with suppor...
ED searches forex companies in Mumbai, G...
DDA to conduct draw for allotment of fla...
BJP releases first list of 70 candidates...
Union Minister Jitendra Singh mocks Priy...
More...    
 
 Top Stories
AP police crack temple burglary in ... 
T'gana: Over 21K people take Covid ... 
Goyal stresses on manufacturing hig... 
TSRTC pays salaries to staff with s... 
Bengaluru's Bellandur lake catches ... 
MoU signed between Army's Northern ... 
ED searches 12 locations of Shivali... 
New Covid cases rise by 677 in Karn...