Integrated Capital Services has received approval from its board for the grant of loan upto Rs 50 lakh to RAAS Consulting, a Wholly Owned Subsidiary (WOS) of the company. The approval is to enable the WOS to part repay its loan liability, this loan to be advanced to RAAS Consulting will result reduction of its outside indebtedness and reduce the aggregate indebtedness of the company on consolidated basis. The loan shall be unsecured and shall carry interest.
Integrated Capital Services is engaged in the business of corporate advisory and consulting, expert services in turnaround and restructuring, business combinations, takeovers, mergers & amalgamations.
Company Name | CMP |
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Bajaj Finance | 6740.00 |
Shriram Finance | 2366.85 |
Aditya Birla Capital | 223.45 |
SBI Cards AndPayment | 714.50 |
Chola Invest & Fin. | 1280.40 |
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