Fortune Financial Services India has informed that the Board of Directors of the Company at its meeting held on May 12, 2015, has transacted the terms of special resolution passed by the members in the 23rd Annual General Meeting of the Company held on September 22, 2014, Fortune Integrated Assets Finance Ceased to be a subsidiary of the Company effective from May 12, 2015 and the Company’s holding in Fortune Integrated Assets Finance is 39.06%.
The above information is a part of company’s filings submitted to BSE.