Inditrade Capital has taken an in principle decision to increase its existing shareholding in JRG International Brokerage DMCC (JRG DMCC), a company registered with the Dubai Multi Commodities Centre, upto an aggregate of 51% of the paid up capital of JRG DMCC, within a period of 24 months subject to the relevant regulatory approvals (both in India and UAE), if any.
Inditrade Capital (formerly JRG Securities) is one of the foremost brokerage houses, being a member of various exchanges in the capital and commodity markets and the insurance sector.