Alankit has received approval from Insurance Regulatory and Development Authority of India (IRDAI) to acquire 10,00,000 equity shares at face value of Rs 10 each of Alankit Insurance Brokers, representing Rs 1,00,00,000 and constituting 100% of paid-up share capital of Alankit Insurance Brokers. Consequently, Alankit Insurance Brokers will become a wholly owned subsidiary of Alankit.
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.
