Sastasundar Ventures has transferred 100% shareholding in Microsec Capital (MCap), the wholly owned subsidiary, along with step-down subsidiaries Microsec Commerze Limited (MCL) and Microsec Insurance Brokers (MIBL) to G Raj & Co. (Consultants) (purchaser) as per Share Purchase Agreement (SPA).
The Trade Marks/ word mark MICROSEC and /or its allied IPRs are not transferred to the purchaser and the purchaser has agreed to change the name of MCap, MCL and MIBL on and before March 31, 2018.
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.
