Virat Leasing has proposed to disinvest or dilute its stake in the Fastflow Commodeal due to which it will cease to be the subsidiary of the company. The company has proposed the same at its board meeting held on December 21, 2016.
Virat Leasing, a Non- Banking Financial Company (NBFC), registered under the Companies Act, 1956. It is a listed NBFC Company, engaged in the business of providing loans and advances, investment in shares of other companies.