Sastasundar Ventures has received its board’s approval for restructuring of its corporate structure. Accordingly, the company has approved a scheme of merger of PRP Technologies and Myjoy Tasty Food, wholly owned subsidiaries of the company and Myjoy Hospitality, wholly owned subsidiary of Myjoy Tasty Food with itself.
The company has also been proposed to merge Sasta Sundar Shop, a step-down subsidiary of the company, with Sastasundar Healthbuddy, a wholly owned subsidiary of the company.
Sastasundar Ventures is engaged in the businesses of financing and investment, investment banking and related services, brokerage and related services and wealth management, insurance broking, financial planning and related services.
