Sundaram Finance Holdings has received approval from Board of Director for acquisition of 60,000 equity shares of Rs 10 each in BIH Braking Company (BIH Braking) from Brakes India (BIPL) at face value, for a total consideration of Rs 6 lakh (excluding stamp charges, taxes and other expenses, as applicable). The Board of Directors of Company has, at the meeting held on November 22, 2021 has approved the same.
Sundaram Finance Holdings is involved in the business of making all types of investments, including investments in financial service enablers, Fin-tech investments and Small Startup Type (incubator) investments, as well as to engage in the business of BPO, consultants.
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|---|---|
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| Authum Inv. & Infra | 471.15 |
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