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Akashdeep Metal offloads 18.69% equity shares of AFSL

04 Dec 2020 Evaluate

Akashdeep Metal Industries (AMIL) has sold its 10,84,071 equity shares held in its wholly owned subsidiary company i.e. Anmol Financial Services (AFSL) constituting 18.69% of AFSL to the promoters/promoter group of AMIL at a consideration of Rs 4.29 crore approximately. Consequent to the above transaction, AFSL shall cease to be the wholly owned subsidiary of AMIL but shall continue to be a subsidiary of AMIL.

Akashdeep Metal Industries is an Investment & Credit Company (NBFC-ICC), holding a certificate of Registration from Reserve bank of India (RBI).

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