L&T has divested its entire stake in listed firm Kalindee Rail Nirman (Engineers) Ltd, that executes railway track, signaling and telecommunication projects on turnkey basis. On Wednesday, after holding the stake for last two years, L&T sold its remaining 8.60% stake in Kalindee Rail through open market transactions.
In a separate development, Kalindee Rail has approved the allotment of ten lakh convertible warrants to promoters and promoters group.
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Name of the IA registered
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The Alchemists Ark Pvt. Ltd. |
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Trade/Brand
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MoneyWorks4Me Investment Advisers |
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SEBI Registration Number:
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INA000013323 Validity – May 16, 2019 – Perpetual |
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Non-Individual |
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BSE Enlistment No:
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1187 |
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B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045 |
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