Crest Ventures has sold 50,000 Equity Shares held by it in Edelweiss Fund Advisors (EFAPL) at a total consideration of Rs 12.25 lakh to Edelweiss Commodities Services. The aforementioned shares equates to 40% stake in EFAPL.
Crest Ventures was incorporated to carry on the business of leasing, hire-purchase and investment in securities. It focuses on acquiring and investing in financial assets and real estate.