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Redington India update on subsidiary - Redington Gulf FZE

Capital Market

Redington Gulf FZE hikes stake in Citrus Consulting Services FZ LLC

Redington India announced that Redington Gulf FZE, (Redington Gulf) a step-down subsidiary of the Company has acquired additional 24.8% stake in Citrus Consulting Services FZ LLC (Citrus), its subsidiary company. With this acquisition, the total holding of Redington Gulf in Citrus had increased from 60% to 84.8%.

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First Published: Nov 21 2018 | 4:29 PM IST

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