Brescon Advisors & Holdings has entered into binding business transfer agreement and ancillary agreement / deeds on July 02, 2012 to sell its advisory business undertaking to its wholly owned subsidiary - Brescon Corporate Advisors, as a going concern on slump sale basis.
The above transaction is in accordance with the approval given by the board of directors at its meeting on February 02, 2012 and subsequently, approved by the shareholders by postal ballot on March 22, 2012.
Brescon Advisors & Holdings offer wide range of services in the field of debt solution, equity solution and advisory services. It is a leading corporate advisory company in India.
