Softsol India gets nod to invest Rs 15 crore in Venture Capital Funds

Madala Holdings Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 532344 | NSE:

10 Apr 2019 Evaluate

Softsol India has received an approval for earmarking of an amount of Rs 15 crore of surplus funds of the company to invest in Venture Capital Funds and other Investment Funds with the responsibility of Bhaskara Rao Madala, Whole time Director to assess, conduct diligence on the prudence of every investment proposal in the best interests of the company based on profile and past performance of the funds subject to the applicable limits and conditions under the provisions of Companies Act, 2013, FEMA and SEBI LODR 2015. The Board of Directors of the company at their meeting held on April 09, 2019, approved the same.

Softsol India specializes in Enterprise Technology Modernization solutions.

Peers

Company Name	CMP
Lodha Developers	1168.50
Prestige EstatesProj	1489.20
Dilip Buildcon	412.25
DLF	676.65
Oberoi Realty	1861.20
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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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.