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A.K.Capital Services to incorporate step down subsidiary

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Capital Market

For carrying out home finance business

A.K.Capital Services announced that A.K. Capital Finance, a material subsidiary of the Company proposes to incorporate a new Company to carry on the business of housing finance and matters incidental thereto. The proposed company will be named ' Family Home Finance'. Since the proposed company is a step down subsidiary, the Company will be ultimate holding company of the proposed company.

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First Published: Jun 16 2017 | 5:38 PM IST

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