Capital India Finance’s board has considered and approved the proposal to divest the entire shareholding in Kuants Wealth (formerly CIFL Investment Adviser) (Kuants), Capital India Wealth Management (CIWMPL) and CIFL Holdings (CIFLHPL), wholly-owned subsidiaries of the Company to Capital India Corp LLP, a promoter entity of the Company.
Consequent to the completion of the aforesaid divestment, Kuants, CIWMPL and CIFLHPL shall ceased to be wholly-owned subsidiaries of the Company. The transaction is expected to be completed on or before December 31, 2021. The Board of Directors of the company in their meeting held on December 2, 2021, inter alia considered and approved the same.
Capital India Finance is an India focused, integrated financial services platform.
Company Name | CMP |
---|---|
Bajaj Finserv | 1597.10 |
Paul Merchants | 1033.00 |
Data Infrastructure | 100.00 |
IIFL Finance | 416.45 |
Embassy Office Parks | 362.20 |
View more.. |