Alankit is planning to acquire 10 lakh equity shares at face value of Rs 10 each of Alankit Insurance Brokers, representing Rs 1 crore and constituting 100% of paid-up share capital of Alankit Insurance Brokers subject to the approval of IRDA.
Consequently, Alankit Insurance Brokers will become a wholly owned subsidiary of Alankit on receipt of approval of IRDA.
Alankit, a market leader and eminent name in the industry today, is a more than two-decade-old conglomerate, having diversified operations in the vital segments like e-Governance, Financial Services, Healthcare and Insurance Broking.
