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).