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Crest Ventures sells stake in EFAPL

29 Jun 2018 Evaluate

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.

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