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Share India Securities acquires 63.5% stake in Utrade Solutions

Capital Market 

Share India Securities has completed the investment to the extent of 63.50% of the post issue share capital of Utrade Solutions at a consideration of Rs 13.684 crore.

Post completion of transaction, Utrade Solutions has become a subsidiary of the company with the shareholding structure of Share India Securities holding 63.5% and other shareholders holding 36.5% of the equity share capital of Utrade Solutions.

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

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First Published: Tue, November 23 2021. 18:53 IST