Fortune Financial Services (India) invests in shares of ITI Wealth Management

Image
Capital Market
Last Updated : Oct 23 2015 | 7:13 PM IST

Investment aggregates Rs 2.27 crore

Fortune Financial Services (India) announced that the Company has subscribed for 22,70,000 Equity Shares of Rs. 10/- each fully paid of ITI Wealth Management ("ITI WMPL") valued at Rs. 2.27 crore for cash deal. With this Subscription ITI WMPL becomes subsidiary of the Company effective from 23 October 2015. ITI WMPL is proposed to be engaged in the business of strategic investment and finance.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 23 2015 | 5:54 PM IST

Next Story