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BCAPL ceases to be subsidiary company of Brescon Advisors & Holdings

08 Oct 2012 Evaluate

Brescon Corporate Advisors (BCAPL) has ceased to be a subsidiary of Brescon Advisors & Holdings with effect from September 20, 2012 on account of issue and allotment of further equity shares on preferential basis by BCAPL to persons other than the company on September 20, 2012. The above has resulted in reduction of the company’s shareholding to 10% from the earlier shareholding of 100%.

Brescon Advisors & Holdings offer wide range of services in the field of debt solution, equity solution and advisory services. It is a leading corporate advisory company in India.

Peers
Company Name CMP
Bajaj Finserv 1720.75
TVS Holdings 11603.45
Cholamandalam Fin. 1386.35
Altius Telecom Infra 174.00
Kama Holdings 2251.00
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