Inditrade Capital has received approval for acquisition of additional equity shares in its material subsidiary -- JRG Fincorp, of up to 10% of paid up capital, for an amount not exceeding Rs 24 crore within a period of next 12 months. The meeting of the Board of Directors of the company held on May 18, 2018, has approved the same.
The board has also approved investment in its wholly owned subsidiary -- Inditrade Housing Finance, by way of subscription to the equity shares of the company for an amount of up to Rs 11 crore.
Inditrade Capital (formerly known as JRG Securities) is engaged in equity and commodity broking businesses, with strong presence in South India.
| Company Name | CMP |
|---|---|
| Bajaj Finserv | 1829.40 |
| TVS Holdings | 14474.90 |
| RattanIndia Ent | 34.37 |
| Altius Telecom Infra | 159.05 |
| Authum Inv. & Infra | 467.35 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: