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Shardul Securities to sell entire investment in Shardul Energy

21 Nov 2012 Evaluate

Shardul Securities has received its board’s approval to sell the entire investment of 5,00,000 fully paid up equity shares of Rs 10 each held at par in its wholly owned subsidiary company named Shardul Energy. Consequently, Shardul Energy shall cease to be the wholly owned subsidiary of the company.

Shardul Securities is engaged in investment in equity, and trading in bonds, mutual funds, Govt securities and treasury bills, commercial papers, certificate of deposits, derivatives including options and futures.

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