You are here: Home » News-CM » Companies » News
Business Standard

Fortune Financial Services (India) hikes stake in ITI Gilts

Capital Market 

Gilts becomes wholly owned subsidiary of Financial Services (India)

Financial Services (India) announced that the Company has acquired 49,00,000 equity shares of Rs. 10 each fully paid of Gilts (earlier known as Crest Debt Capital Markets) . The Company was already holding 51% of the paid up capital of Gilts and now on acquisition of these 49,00,000 equity shares, ITI Giltshas become a wholly Owned Subsidiary of the Company.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 15 2017. 13:32 IST