Indiabulls Ventures’ subsidiary -- Indiabulls Commodities has on March 31, 2018, sold its stake in its wholly owned non-operating subsidiary, namely ‘Positive Housings’ (owning a land parcel of around 8 Grounds or 19,200 Square feet at Mylapore, Chennai), to a third party investor, for an aggregate consideration of Rs 5.90 crore, upon entering into definitive transaction document(s).
Indiabulls Ventures acts as a stock and share broker on the National Stock Exchange of India (NSE), BSE, depository participants and other related services. The company’s primary businesses include Broking and Related activities, and Lease Rental activities.
