Clarus Finance & Securities has received equity shareholders approval for the scheme of amalgamation / merger of Scan Steels with Clarus Infrastructure Realties. The company has received an approval at shareholders meeting held on May 16, 2011.
In July last year, Clarus Finance & Securities had received its board’s nod to merge itself with Scan Steels and has appointed Ramesh Mishra, independent director to look into the procedures of scheme of merger. The company had received boards approval at its meeting held on July 09, 2010.
The main activities of the company include share and stock broking, investment in shares and stocks, dealing in shares and stocks (future & options, and delivery based), and miscellaneous consultancy.
