Fortune Financial’s arm, Napean Finvest get nod for scheme of arrangement

The Investment Trust of India Ltd. | Finance - NBFC | BFSI | BSE: 530023 | NSE: THEINVEST

16 Jul 2018 Evaluate

National Company Law Tribunal (NCLT) has approved Scheme of Arrangement between Fortune Financial Services’ wholly Owned Subsidiary, Fortune Credit Capital and Napean Finvest and their respective creditors and shareholders on July 12, 2018.

According to the Scheme, the lending business of Napean Finvest will be transferred to Fortune Credit Capital as a going concern.

Fortune Financial Services (India) is engaged in providing a range of Financial Services right from Equities and Derivatives trading, Equity Research, Commodities Trading, Portfolio Management Services, Distribution of Mutual Funds, IPO & Insurance products and also Investment banking services.

Peers

Company Name	CMP
Bajaj Finance	1016.00
Shriram Finance	996.95
Aditya Birla Capital	389.55
Tata Capital	343.90
Chola Invest & Fin.	1761.50
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.