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Fortune Financial Services (India) informs about purchase of preference shares

06 Jun 2018 Evaluate

Fortune Financial Services (India) has informed that on 4th June, 2018 the Company has invested a sum of Rs 34,00,00,000 for purchasing 3,400 0.01% Unsecured Non-Cumulative Compulsorily Fully Convertible Non-Redeemable Preference Shares (CCPS) of Rs 1,00,000 each of Fortune Credit Capital, a wholly owned subsidiary of the Company aggregating to Rs 34,00,00,000 from Conwood Agencies.

The above information is a part of company’s filings submitted to BSE.

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