Crest Ventures hikes stake in Crest Wealth Management

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Capital Market
Last Updated : Jun 26 2017 | 12:01 AM IST

From 52% to 62%

Crest Ventures ('CVL') has acquired 6,00,000 (Six lakh) Equity Shares of Crest Wealth Management ('CWMPL'), its Subsidiary Company, from Mitesh Shah at a total consideration of Rs. 43,20,000/- (Rupees Forty Three Lakh Twenty Thousand only) on 23 June 2017. Consequent to the said acquisition, the equity holding of CVL in CWMPL has increased from 52% to 62%.

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First Published: Jun 24 2017 | 1:09 PM IST

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