Sat Industries has informed that one of the company’s wholly owned subsidiary viz; Aeroflex Finance (Formerly known as Italica Ventures) has received a Certificate of Registration (COR) to commence/carry on the business of non-banking financial institution without accepting public deposit, under Section 45IA of the Reserve Bank of India Act, 1934, on December 14, 2018.
The above information is a part of company’s filings submitted to BSE.