Devki Leasing & Finance will sell 99,800 shares of Devki Cyber Securities at the price of 10 per share to Anju Bindal, Shweta Bindal and Bharat Bindal which the board has identified as prospective buyer.
The company had earlier received an approval to dispose of the investment of the company in its subsidiary Devki Cyber Securities. The board of directors at its meeting held on May 30, 2014 had approved for the same.
Devki Leasing & Finance is engaged in the business of investment and financial services .The main activities of the company includes hire purchase, leasing, investments, trading in shares and securities,while, the income of the company includes dividends, interest earned on investments, leasing charges, hire and purchase charges, sale of shares and securities.
