Fortune Financial Services India has received an approval for raising the funds through Rights Issue, QIP and other mode up to a limit of Rs 250 crore. The board of directors at its meetings held on August 18, 2014 has approved for the same.
The above is however subject to approval of the members in the ensuing AGM and the authority delegated to the Internal Finance Committee to take appropriate decision in this regard.
Fortune Financial Services (India) and its wholly-owned subsidiaries, is engaged in providing a range of Financial Services right from Equities and Derivatives trading, Equity Research, Commodities Trading, Portfolio Management Services, Distribution of Mutual Funds, IPO & Insurance products and also Investment banking services.
