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Vibrant Global Capital gets nod to further invest in subsidiary company

18 Jul 2018 Evaluate

Vibrant Global Capital has received an approval for further investment in Vibrant Global Salt (Subsidiary Company) (VGSPL) by way of purchase of 7,00,000 Equity Shares in VGSPL. The Board of Directors of the company at their meeting held on July 17, 2018, approved the same.

By way of this proposed Investment, VGSPL will become wholly-owned Subsidiary of the company.

Vibrant Global Capital operates as a finance company in India. The company invests in and trades listed/unlisted securities and financial products; and provides long term loans and advances, and short term loans.

Peers
Company Name CMP
Bajaj Finserv 1825.00
TVS Holdings 12537.45
Cholamandalam Fin. 1461.15
Altius Telecom Infra 175.00
Kama Holdings 2240.40
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