MoneyWorks4Me

Amrapali Industries incorporates wholly owned subsidiary

16 Feb 2022 Evaluate

Amrapali Industries has incorporated wholly owned subsidiary (WOS) namely Amrapali Industries Global IFSC (AIGIL) by subscription of 1,50,000 shares of Rs 10 each in the paid-up share capital of the company. The wholly owned subsidiary will leverage the growth opportunities in the evolving mobility space by functioning as Bullion Trading Member, Bullion Trading Clearing member, capital market intermediary and Portfolio management consultant as International Financial Service Centre Unit.

Amrapali Industries operates as a stock and commodity brokerage company. The company offers stock brokering services, equity shares investments, consultancy, portfolio management, corporate advisory, and other financial markets services.

Peers