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IndiaNivesh gets nod to invest Rs 45 crore in subsidiaries

25 Nov 2021 Evaluate

IndiaNivesh has received an approval to invest upto Rs 20 crore in Debentures to be issued by IndiaNivesh Shares and Securities, a wholly owned subsidiary in one or more tranches. It also received approval  to invest upto Rs 25 crore in Debentures to be issued by IndiaNivesh Securities, a wholly owned company in one or more tranches. The Board of Directors of the company at their Meeting held on November 24, 2021 has approved the same.

IndiaNivesh provide a wide range of services that includes Stressed Asset Management, Investment Banking, Securities Broking, Commodities and Currency Broking, Insurance Broking, Depository Services, Wealth Management and various other financial products.

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